WIERBICKI PAUL

Chief Legal Officer Paul Wierbicki sells $1.24M stake, reducing holdings by one-third amid recent rally

Paul Wierbicki, Rush Street Interactive's Chief Legal Officer, sold a significant portion of his stake—roughly one-third of his holdings—on the heels of a substantial price recovery. The company is profitable with solid revenue growth, but trades at a notably elevated valuation relative to earnings. This sale stands out because the timing follows a sharp upswing rather than occurring during the pullbacks that typically characterize insider confidence. While a single officer sale doesn't necessarily signal alarm, the combination of liquidating one-third of holdings after a meaningful rally suggests Wierbicki saw an opportune exit point rather than conviction that the stock had further to run. The sale warrants context: was this a planned portfolio rebalancing, an earnings-driven decision, or a signal that management sees downside risk ahead?

CLO Paul Wierbicki sold 30,000 RSI shares for $645,816.00 across 2 days at $21.05–$22.00

Chief Legal Officer Paul Wierbicki executed 2 separate sales totaling 30,000 shares for $645,816.00 on 2026-03-23 and 2026-03-24 at $21.05 and $22.00 respectively, reducing his holdings from 183,256 shares to 153,256 shares (-16.4%). The blended average sale price of $21.53 is near the current price of $21.92 and well below the 52-week high of $22.53. Wierbicki's prior sale at RSI on 2025-08-05 achieved a 90-day return of -13.0%, matching his cross-ticker track record's 100% well-timed sell rate at the 90-day mark, suggesting a consistent pattern of selling ahead of subsequent stock declines. The stock has rallied +19.5% over the past 30 days and +14.0% over 90 days, yet he executed the sale during this strength, departing from the downward-environment context that characterized his prior RSI trade.

RSI Chief Legal Officer Paul Wierbicki sold 35,000 shares at $19.45 for $680,865.50; reduced holdings 27.6% to 91,705 shares

Paul Wierbicki, Chief Legal Officer of Rush Street Interactive, sold 35,000 shares at $19.45 on 2025-08-05, reducing his holdings by 27.6% from 126,705 to 91,705 shares. The transaction occurred near the stock's 52-week high of $20.16, with the stock up 27.4% over the prior 30 days and 63.6% over 90 days. The company shows strong fundamentals with annual revenue growth of 33.7% and net income of $16.7M on revenue of $269.2M, though the P/E of 159.67 reflects elevated valuation. This represents a material reduction in a senior executive's direct ownership, which warrants monitoring alongside the stock's recent sharp price appreciation and stretched valuation multiple.