[Form 4/A] Sezzle Inc. Amended Insider Trading Activity

Rhea-AI Filing Summary

Ellington Financial Inc. (NYSE: EFC) filed an 8-K disclosing that its Board has declared a monthly cash dividend of $0.13 per common share. The dividend will be paid on August 29 2025 to stockholders of record on July 31 2025. No other material events, financial results, or strategic actions were reported in this filing. The company continues its policy of monthly distributions, offering shareholders an annualized yield of roughly 14.1% based on the latest closing price of $11.05 (for reference only, not in filing). There is no indication of changes to preferred share dividends or guidance. Overall, the filing signals continuity of the firm’s income-oriented strategy without introducing new risks or opportunities.

Positive

• Monthly dividend of $0.13 per share confirmed, underscoring management’s commitment to consistent shareholder payouts.

Negative

• None.

Insights

Income-Focused Portfolio Manager

TL;DR: Consistent $0.13 monthly dividend supports yield; no new strategic shifts disclosed.

The announcement reinforces Ellington Financial’s positioning as a high-yield mortgage REIT. Maintaining the payout level suggests stable cash flow generation from its diversified credit portfolio, despite a higher-rate environment. While positive for income investors, the absence of an increase limits incremental upside. The filing contains no updates on leverage, book value, or asset performance, so broader risk assessment remains unchanged.

Equity Research Analyst – REITs

TL;DR: Routine dividend declaration; neutral impact on valuation.

This 8-K is largely procedural. EFC customarily declares dividends mid-month for payment at month-end, so the disclosure does not alter the investment thesis. Without book value or spread data, investors cannot gauge quarter-to-date performance. The yield remains attractive, but share price sensitivity will hinge on macro credit spreads, not this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Paradis Paul

(Last) (First) (Middle)

700 NICOLLET MALL

SUITE 640

(Street)

MINNEAPOLIS MN 55402

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sezzle Inc. [ SEZL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director & President

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/03/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.00001 per share								528,382(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 3, 2025, a Form 4 was mistakenly filed reporting a disposition of 7,110 shares of common stock that did not in fact occur. As of July 1, 2025, the reporting person owned 528,382 shares of common stock.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	07/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What dividend did Ellington Financial (EFC) declare on July 8 2025?

The Board declared a $0.13 monthly cash dividend on common stock.

When is the EFC dividend record date?

Shareholders must be on record by July 31 2025 to receive the dividend.

When will Ellington Financial pay the August 2025 dividend?

The dividend is scheduled to be paid on August 29 2025.

Does the filing mention changes to preferred stock dividends?

No. The 8-K only addresses the common stock dividend; preferred dividends are unchanged.

Is there any financial performance data in this 8-K?

No earnings or book value metrics are included; the filing is limited to the dividend announcement.