Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Richard Schwartz earned $1.27M in total compensation at Rush Street Interactive, including $537.50K salary and $724.58K bonus. Most recently sold 581,715 shares in Mar 2025. Currently holds stock worth $132.31M. Has donated $43.57M in stock to charitable causes. 4+ years at the helm of Rush Street Interactive.

Compensation History

Annual executive compensation data for Richard Schwartz, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$1.27M

Salary

$537.50K

Bonus

$724.58K

Other

$11.28K

Salary

$537.50K

Board Justification

The executive compensation program aims to attract, motivate, and retain outstanding individuals, aligning the interests of the executive team with those of equity holders, and rewarding performance.

Bonus

$724.58K

Board Justification

Annual cash bonuses are payable upon the achievement of certain pre-established goals or performance metrics, with the target amount of an annual cash bonus pre-determined by the Board.

Other Compensation

$11.28K

Board Justification

Company matching contributions under the Company’s 401(k) plan.

Restricted Stock

$0.000

Board Justification

No vested stock was reported for 2022 as the amounts include stock grants that are not vested.

Performance Metrics

Annual cash bonuses are based on the achievement of qualitative and quantitative performance metrics.

R

Richard Schwartz

Founder and CEO of Rush Street Interactive

Education

University of California, Berkeley and University of California, Hastings College of the Law

Field of Expertise

Media & Entertainment - Gaming

Sector of Economy

Consumer Cyclical

Born

January 1, 1974 - 51 years ago

CEO of Rush Street Interactive for

4 years 3 months (Aug 2021 - Present)

Previous Experience

Co-Founder and President of Rush Street Interactive, led the interactive business for WMS Industries.

Holdings

Track Richard Schwartz's stock holdings and portfolio value over time.

Total Stock Sold

$20.96M

RSI

$20.96M

2,132,046 RSI shares

What if they kept their stock?

If Richard Schwartz didn't sell their stock, today they would have:
Extra RSI2,132,046 shares worth $39.76M.
This is 89.7% and $18.80M more than what they got when they sold the stock.

Charitable Transactions

RSI

2,336,028 shares

RSI

Recent Charitable Transactions

RSI

2,336,028 shares

RSI

Nov 15, 2024

Charity

Insider Trading

Richard Schwartz's recent stock transactions, purchases, and sales filed with the SEC.

RSI

$5.85M

RSI at $10.06/share

Mar 10, 2025

Sale

RSI

$2.79M

RSI at $14.39/share

Feb 10, 2025

Sale

RSI

$157.46K

RSI at $14.11/share

Jan 13, 2025

Sale

RSI

$2.61M

RSI at $14.29/share

Jan 7, 2025

Sale

RSI

$24.71M

RSI at $14.40/share

Jan 7, 2025

Received

RSI

$2.62M

RSI at $13.54/share

Dec 6, 2024

Sale

RSI

$2.15M

RSI at $11.11/share

Nov 15, 2024

Sale

RSI

2,336,028 shares

RSI

Nov 15, 2024

Charity

RSI

2,336,028 shares

RSI

Nov 15, 2024

Charity

RSI

$1.98M

RSI at $9.89/share

Aug 5, 2024

Sale

Rivals

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