Carlin Trust Amends Rush Street Interactive Stake

TL;DR

Carlin Trust updated its Rush Street Interactive filing. Watch for more details.

AI Summary

Gregory A. Carlin, through the Greg & Marcy Carlin Family Trust, has amended their Schedule 13D filing for Rush Street Interactive, Inc. on August 21, 2024. This amendment, the fourth for the filing, indicates a change in the reporting person's beneficial ownership of the company's Class A Common Stock. The filing does not specify the exact number of shares or percentage of ownership change in this amendment.

Why It Matters

Amendments to Schedule 13D filings often signal significant changes in a major shareholder's position, potentially impacting stock price and corporate strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings indicate significant ownership stakes, and amendments can signal shifts in strategy or potential activism, which carries inherent risk.

Key Players & Entities

• Gregory A. Carlin (person) — Reporting Person
• Greg & Marcy Carlin Family Trust (person) — Reporting Person's Trust
• Rush Street Interactive, Inc. (company) — Subject Company
• dMY Technology Group, Inc. (company) — Former Company Name

FAQ

Filing Documents

• tm2422199d1_sc13da.htm (SC 13D/A) — 46KB
• tm2422199d1_ex16.htm (EX-16) — 16KB
• 0001104659-24-091679.txt ( ) — 64KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

(a), (b) and (c) of the 13D are each

Item 5(a), (b) and (c) of the 13D are each hereby amended and restated in their entirety as follows: (a) and (b) The percentage of beneficial ownership in this Schedule 13D is based on an aggregate of 83,108,062 shares of Class A Common Stock and 142,404,310 shares of Class V Common Stock reported by the Issuer as outstanding on July 31, 2024, based on information provided by the Issuer in its Quarterly Report on Form 10-Q for the period ended June 30, 2024 as filed with the SEC on August 1, 2024. Class A Common Stock and Class V Common Stock vote together on all matters as a single class, including on the election of directors to the Issuer’s board. The aggregate number of shares of Class V Common Stock beneficially owned by each Reporting Person and, for each Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference. Mr. Carlin is the direct beneficial owner of 2,143,872 shares of Class A Common Stock and 11,873,639 shares of Class V Common Stock. The Greg and Marcy Carlin Family Trust is the direct beneficial owner of 0 shares of Class A Common Stock and 4,959,006 shares of Class V Common Stock. Mr. Carlin is a trustee of the Greg and Marcy Carlin Family Trust. RSI GP is the direct beneficial owner of 1,362,663 shares of Class V Common Stock. Mr. Carlin is no longer a member of the board of managers of RSI GP. Mr. Carlin owns 19% of the units of RSI GP and may be deemed to possess indirect beneficial ownership of the shares of Class V Common Stock held by RSI GP. Mr. Carlin disclaims beneficial The

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits

of the 13D is hereby amended

Item 7 of the 13D is hereby amended and supplemented as follows: Exhibit 16 Schedule of Transactions, in response to Item 5(c) CUSIP No. 233253 103 Schedule 13D Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: August 21, 2024 /s/ Gregory A. Carlin Gregory A. Carlin GREG AND MARCY CARLIN FAMILY TRUST By: /s/ Gregory A. Carlin Name: Gregory A. Carlin, Trustee

View Full Filing

View this SC 13D/A filing on SEC EDGAR