Sezzle Executive's Massive Share Disposal Signals Potential Peak Valuation

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed by Sezzle (SEZL) on June 28, 2025, indicates an insider's intention to sell 3,000 shares of common stock with an aggregate market value of $445,860. The securities were originally acquired through restricted stock vesting on October 13, 2016.

Significant recent insider trading activity over the past 3 months includes:

• Stacy Paradis executed multiple sales totaling 67,000 shares between May-June 2025
• Paul V. Paradis sold 50,000 shares on May 13, 2025 for approximately $4.53 million
• Paradis Family LLC disposed of 1,200 shares on May 13, 2025

The planned sale will be executed through Fidelity Brokerage Services on NASDAQ, with an approximate sale date of June 24, 2025. The company currently has 33,286,295 shares outstanding.

Positive

• None.

Negative

• Significant insider selling pattern: Multiple executives sold large amounts over past 3 months totaling approximately $10.5M, including a large 50,000 share sale by Paul V. Paradis
• Consistent weekly sales by Stacy Paradis suggest systematic reduction of holdings

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3000	445860.00	33286295	06/24/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/13/2016	Restricted Stock Vesting	Issuer			3000	10/13/2016	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/08/2025	18000	1350000.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/13/2025	31000	2794592.73
Paradis Family Llc 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/13/2025	1200	107647.10
Paul V. Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/13/2025	50000	4526232.16
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/20/2025	3000	294000.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	05/27/2025	3000	324660.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	06/03/2025	3000	339810.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	06/10/2025	3000	362565.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	06/17/2025	3000	438000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many SEZL shares are being proposed for sale in the latest Form 144 filing?

According to the Form 144 filing dated June 28, 2025, 3,000 shares of SEZL common stock are proposed to be sold through Fidelity Brokerage Services LLC, with an aggregate market value of $445,860.00.

When did the SEZL insider originally acquire the shares being sold?

The shares were acquired on October 13, 2016 through Restricted Stock Vesting as compensation from the issuer. The acquisition involved 3,000 shares of common stock.

How many SEZL shares has Stacy Paradis sold in the past 3 months?

According to the filing, Stacy Paradis has sold 67,000 shares of SEZL common stock over 8 separate transactions between May 8, 2025 and June 17, 2025, with total gross proceeds of approximately $5.9 million.

What is the total number of SEZL shares outstanding?

According to the Form 144 filing, SEZL has 33,286,295 shares outstanding as of the filing date June 28, 2025.

How much have SEZL insiders sold in total during the past 3 months?

Over the past 3 months, SEZL insiders (including Stacy Paradis, Paul V. Paradis, and Paradis Family LLC) have sold a combined total of 118,200 shares for aggregate gross proceeds of approximately $10.5 million.