Form 144: Paul V. Paradis Sold 50,000 SEZL Shares for $4.53M

Rhea-AI Filing Summary

Sezzle Inc. (SEZL) filed a Form 144 disclosing a proposed sale of 3,000 common shares through Fidelity Brokerage Services with an aggregate market value of $264,630. The shares were acquired on 10/13/2016 upon restricted stock vesting and the acquisition is listed as compensation.

The sale is scheduled for 08/12/2025 on NASDAQ. The filing also lists multiple insider dispositions in recent months, including a 50,000-share sale by Paul V. Paradis on 05/13/2025 for $4,526,232.16 and recurring 3,000-share sales by Stacy Paradis from 05/20/2025 through 08/05/2025. The form includes the mandatory representation that the seller does not possess undisclosed material nonpublic information.

Positive

• Disclosure filed under Rule 144, providing transparent notice of planned insider sale
• Acquisition source is documented (restricted stock vesting on 10/13/2016 listed as compensation)

Negative

• Insider selling activity documented in recent months, including a 50,000-share sale by Paul V. Paradis on 05/13/2025 for $4,526,232.16
• Planned sale, while small in share count, adds to recent insider dispositions that produced significant gross proceeds
• Issuer identification fields are blank in the provided excerpt, which may indicate incomplete form fields within this content sample

Insights

Securities Analyst

TL;DR: The Form 144 reports a small planned sale and notable recent insider disposals by Paradis family members in absolute dollar terms.

The notice shows a proposed sale of 3,000 shares valued at $264,630, acquired as restricted stock on 10/13/2016. Recent reported transactions include a 50,000-share sale by Paul V. Paradis on 05/13/2025 for $4,526,232.16 and multiple recurring 3,000-share sales by Stacy Paradis across May–August 2025. While the latest planned sale is small relative to the reported 34,023,465 shares outstanding, the aggregate recent insider disposals are material in absolute proceeds and are relevant to liquidity and supply considerations.

Corporate Governance Expert

TL;DR: Filing shows Rule 144 disclosure and the seller's compliance representation; multiple related-party sales are documented.

The Form 144 includes the standard seller representation regarding absence of undisclosed material information and shows the sale will be executed through Fidelity Brokerage Services. The record documents repeated sales by related parties (Stacy Paradis, Paul V. Paradis, Paradis Family LLC) over the past months, including a large single sale on 05/13/2025. Investors and compliance officers will note transparent disclosure, though the filing content shows some issuer-identifying fields are not populated in the provided excerpt.

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	264630.00	34023465	08/12/2025	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	05/13/2025	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
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

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 Sezzle (SEZL) disclose in this Form 144?

The filing discloses a proposed sale of 3,000 common shares via Fidelity with an aggregate market value of $264,630 and lists recent insider sales.

When is the proposed SEZL sale scheduled to occur?

The Form 144 lists the approximate date of sale as 08/12/2025 on NASDAQ.

How were the 3,000 shares being sold acquired?

The shares were acquired on 10/13/2016 through restricted stock vesting and are recorded as compensation.

Which broker is handling the proposed sale for SEZL?

The broker named in the filing is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield RI).

Have insiders recently sold SEZL shares?

Yes. The filing lists multiple recent sales, notably 50,000 shares by Paul V. Paradis on 05/13/2025 for $4,526,232.16, plus many recurring 3,000-share sales by Stacy Paradis.

Does the filing state the seller has material nonpublic information?

No. The seller makes the required representation that they do not know any material adverse information