Carlin Trust Amends Rush Street Interactive Stake Filing

TL;DR

Carlin Trust updated its 13D filing for RSI - ownership details changed.

AI Summary

Gregory A. Carlin, through the Greg & Marcy Carlin Family Trust, filed an amendment (No. 8) to their Schedule 13D on December 4, 2024, regarding their holdings in Rush Street Interactive, Inc. The filing indicates a change in the reporting person's beneficial ownership of the company's Class A Common Stock.

Why It Matters

This amendment signals a potential shift in the ownership structure or strategy of Rush Street Interactive, which could influence its stock performance and corporate governance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility or strategic shifts in the company.

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

• tm2429633d2_sc13da.htm (SC 13D/A) — 47KB
• tm2429633d2_ex20.htm (EX-20) — 8KB
• 0001104659-24-125614.txt ( ) — 56KB

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 88,607,034 shares of Class A Common Stock and 137,088,928 shares of Class V Common Stock reported by the Issuer as outstanding on October 30, 2024, based on information provided by the Issuer in its Quarterly Report on Form 10-Q for the period ended September 30, 2024 as filed with the SEC on October 31, 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 0 shares of Class A Common Stock and 6,523,639 shares of Class V Common Stock. The Greg and Marcy Carlin Family Trust is the direct beneficial owner of 66,787 shares of Class A Common Stock and 4,309,006 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

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 20 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: December 4, 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