SEZL insider files Form 144 after multiple 3,000-share disposals

Rhea-AI Filing Summary

Sezzle Inc. (SEZL) filing is a Form 144 notice reporting proposed and recent sales of the company's common stock by an individual identified as Stacy Paradis. The filer intends to sell 3,000 shares through Fidelity Brokerage on approximately 08/26/2025, with an aggregate market value listed as $276,720.00. The filing records that these shares were acquired on 10/13/2016 via restricted stock vesting as compensation. The document also discloses 13 prior separate sales by the same seller between 05/27/2025 and 08/19/2025, each of 3,000 shares, showing ongoing dispositions of shares by this person. The notice includes the usual signature/representation regarding absence of undisclosed material information.

Positive

• Complete disclosure of acquisition details (date and nature: restricted stock vesting on 10/13/2016)
• Broker and planned sale details provided (Fidelity Brokerage; approximate sale date 08/26/2025; aggregate market value $276,720.00)
• Multiple prior sales documented, improving transparency about insider liquidity

Negative

• Repeated insider sales: 13 prior transactions of 3,000 shares each between 05/27/2025 and 08/19/2025 suggest ongoing disposition by the same person
• No disclosure of a 10b5-1 plan date in the filing, so the sales' preplanned status is not confirmed in this notice

Insights

Securities Analyst

TL;DR: Routine insider disposition disclosed; multiple recent small block sales could reflect orderly liquidity rather than company distress.

The Form 144 shows a proposed sale of 3,000 common shares scheduled via Fidelity with an indicated market value of $276,720, and documents 13 prior sales of identical 3,000-share blocks between late May and mid-August 2025. The shares were originally acquired as restricted stock vesting in 2016 and classified as compensation. From an investor perspective, these filings increase transparency around insider liquidity. The pattern of repeated 3,000-share sales suggests systematic selling but the form contains no company financial results, change in control, or regulatory concerns. Impact appears informational rather than operational.

Corporate Governance Expert

TL;DR: Filing meets disclosure requirements; recurring insider sales merit attention but are documented as vested compensation.

The notice complies with Rule 144 disclosure by identifying the class, broker, acquisition date (10/13/2016), acquisition method (restricted stock vesting), and the proposed sale date. The signer affirms no undisclosed material information. Governance-wise, repeated sales by the same individual may prompt questions about insider shareholding trends, but the form contains no statements about a trading plan or 10b5-1 adoption. There is no indication of regulatory noncompliance or extraordinary governance events in the filing itself.

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	276720.00	34023465	08/26/2025	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	05/27/2025	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
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	06/24/2025	3000	445860.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	07/01/2025	3000	528240.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	07/08/2025	3000	546090.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	07/15/2025	3000	421590.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	07/22/2025	3000	406020.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	07/29/2025	3000	441570.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	08/05/2025	3000	472830.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	08/12/2025	3000	264630.00
Stacy Paradis 700 Nicollet Mall Suite 640 Minneapolis MN 55402	Common	08/19/2025	3000	274860.00

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

What does the Form 144 filed for SEZL disclose?

The filing discloses a proposed sale of 3,000 common shares via Fidelity on about 08/26/2025, acquired as restricted stock on 10/13/2016, plus 13 prior 3,000-share sales from 05/27/2025 to 08/19/2025.

How many prior sales by the seller are listed in the SEZL Form 144?

Thirteen prior sales are listed, each for 3,000 shares, dated between 05/27/2025 and 08/19/2025.

What was the acquisition method and date for the shares being sold?

The shares were acquired on 10/13/2016 via restricted stock vesting and characterized as compensation.

Does the filing state the seller is relying on a 10b5-1 plan?

No plan adoption date is provided in the filing; the document does not indicate reliance on a 10b5-1 trading plan.

What is the broker and market value for the proposed sale in the Form 144?

Broker: Fidelity Brokerage Services LLC; Aggregate market value: $276,720.00 for the 3,000-share proposed sale.