Rush Street Interactive CIO sells $1.5m in shares

Published 04/09/2025, 00:02
Rush Street Interactive CIO sells $1.5m in shares

Chief Information Officer of Rush Street Interactive (NYSE:RSI), Einar Roosileht, sold 70,000 shares of Class A Common Stock on September 2, 2025, at a price of $21.4734, totaling $1,503,138. The transaction comes as RSI’s stock trades near its 52-week high of $22.55, having delivered an impressive 136% return over the past year. According to InvestingPro analysis, the company currently shows GREAT financial health with strong momentum.

The sale was executed under a pre-arranged 10b5-1 trading plan established on September 27, 2024. On the same day, Roosileht also converted 70,000 Class A Common Stock Units into 70,000 shares of Class A Common Stock, while also canceling 70,000 shares of Class V Voting Stock. The price for the conversion was $0.

Following these transactions, Roosileht directly owns 876,150 shares of Class A Common Stock and 2,184,157 shares of Class V Voting Stock of Rush Street Interactive.

In other recent news, Rush Street Interactive reported its second-quarter 2025 earnings, significantly surpassing market expectations. The company achieved earnings per share of $0.11, which was 83.33% higher than the forecasted $0.06. Revenue also exceeded expectations, reaching $269 million compared to the anticipated $249.65 million, marking a 7.83% surprise. Following these impressive results, Needham raised its price target for Rush Street Interactive from $17 to $21, maintaining a Buy rating on the stock. The company also decided to increase its full-year 2025 guidance, reflecting confidence in its ongoing performance.

Meanwhile, Rogers Sugar announced a quarterly dividend of $0.09 per share, payable on October 15, 2025, to shareholders of record as of September 26, 2025. The dividend is classified as an eligible dividend for Canadian tax purposes. These developments provide investors with critical insights into the recent financial and strategic actions of both companies.

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