STOCK TITAN

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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A
Rhea-AI Filing Summary

Sezzle Inc. (SEZL) filed an amended Form 4 on 7 July 2025 to correct an error in a prior insider-trading report. The original filing dated 3 July 2025 had shown Chief Executive Officer, Executive Chairman, Director and 10% owner Charles Youakim disposing of 6,978 common shares. The amendment clarifies that no disposition actually occurred.

Following the correction, Mr. Youakim’s direct beneficial ownership remains unchanged at 12,353,427 common shares (par value $0.00001). No derivative securities transactions were reported. The document contains no other transactions, prices, or changes in beneficial ownership.

This amendment removes the appearance of insider selling, which could have been interpreted negatively by investors. However, because the filing merely corrects clerical information and does not reflect a new purchase or sale, it has limited financial impact on Sezzle’s fundamentals.

Sezzle Inc. (SEZL) ha presentato un modulo Form 4 modificato il 7 luglio 2025 per correggere un errore in una precedente segnalazione di insider trading. La dichiarazione originaria del 3 luglio 2025 indicava che il CEO, Presidente Esecutivo, Direttore e azionista al 10% Charles Youakim aveva ceduto 6.978 azioni ordinarie. La modifica chiarisce che in realtà non è avvenuta alcuna cessione.

Dopo la correzione, la proprietà diretta di Mr. Youakim rimane invariata a 12.353.427 azioni ordinarie (valore nominale $0,00001). Non sono state segnalate transazioni su strumenti derivati. Il documento non riporta altre transazioni, prezzi o variazioni nella proprietà effettiva.

Questa modifica elimina l'apparenza di una vendita da parte di un insider, che avrebbe potuto essere interpretata negativamente dagli investitori. Tuttavia, poiché la segnalazione corregge solo dati amministrativi e non riflette un nuovo acquisto o vendita, ha un impatto finanziario limitato sui fondamentali di Sezzle.

Sezzle Inc. (SEZL) presentó un Formulario 4 enmendado el 7 de julio de 2025 para corregir un error en un informe previo de operaciones internas. La presentación original del 3 de julio de 2025 mostraba que el Director Ejecutivo, Presidente Ejecutivo, Director y propietario del 10% Charles Youakim había dispuesto de 6,978 acciones ordinarias. La enmienda aclara que en realidad no se realizó ninguna disposición.

Tras la corrección, la propiedad directa y beneficiaria del Sr. Youakim permanece sin cambios en 12,353,427 acciones ordinarias (valor nominal $0.00001). No se reportaron transacciones con valores derivados. El documento no contiene otras transacciones, precios o cambios en la propiedad beneficiaria.

Esta enmienda elimina la apariencia de venta por parte de un insider, que podría haberse interpretado negativamente por los inversores. Sin embargo, dado que la presentación solo corrige información administrativa y no refleja una compra o venta nueva, tiene un impacto financiero limitado en los fundamentos de Sezzle.

Sezzle Inc. (SEZL)은 2025년 7월 7일 이전 내부자 거래 보고서의 오류를 수정하기 위해 수정된 Form 4를 제출했습니다. 2025년 7월 3일 날짜의 원래 제출서에는 CEO, 집행 의장, 이사 및 10% 지분 보유자인 Charles Youakim6,978 보통주를 처분한 것으로 나타났습니다. 수정본은 실제로는 처분이 이루어지지 않았다고 명확히 밝혔습니다.

수정 후 Youakim 씨의 직접적 실질 소유 주식 수는 변함없이 12,353,427 보통주 (액면가 $0.00001)입니다. 파생 증권 거래는 보고되지 않았습니다. 문서에는 다른 거래, 가격 또는 소유권 변동 사항이 포함되어 있지 않습니다.

이번 수정은 내부자 매도라는 인상을 없애 투자자들이 부정적으로 해석할 수 있는 상황을 제거합니다. 그러나 이 제출은 단순히 행정적 정보를 정정한 것이며 새로운 매수나 매도를 반영하지 않으므로 Sezzle의 기본 재무 상태에 미치는 영향은 제한적입니다.

Sezzle Inc. (SEZL) a déposé un formulaire 4 modifié le 7 juillet 2025 afin de corriger une erreur dans un rapport antérieur de transactions d’initiés. Le dépôt original daté du 3 juillet 2025 indiquait que le PDG, président exécutif, administrateur et détenteur de 10 % Charles Youakim avait cédé 6 978 actions ordinaires. L’amendement précise qu’aucune cession n’a en réalité eu lieu.

Suite à cette correction, la propriété directe effective de M. Youakim reste inchangée à 12 353 427 actions ordinaires (valeur nominale de 0,00001 $). Aucune transaction sur titres dérivés n’a été signalée. Le document ne contient aucune autre transaction, prix ou modification de la propriété effective.

Cette modification supprime l’apparence d’une vente d’initié, qui aurait pu être perçue négativement par les investisseurs. Cependant, puisque le dépôt corrige uniquement une information administrative sans refléter un nouvel achat ou une nouvelle vente, son impact financier sur les fondamentaux de Sezzle est limité.

Sezzle Inc. (SEZL) reichte am 7. Juli 2025 ein geändertes Formular 4 ein, um einen Fehler in einem vorherigen Insiderhandelsbericht zu korrigieren. Die ursprüngliche Meldung vom 3. Juli 2025 zeigte, dass der CEO, Executive Chairman, Direktor und 10%-Eigentümer Charles Youakim 6.978 Stammaktien veräußert hatte. Die Änderung stellt klar, dass tatsächlich keine Veräußerung stattgefunden hat.

Nach der Korrektur bleibt der direkte wirtschaftliche Eigentum von Herrn Youakim unverändert bei 12.353.427 Stammaktien (Nennwert $0,00001). Keine Derivatgeschäfte wurden gemeldet. Das Dokument enthält keine weiteren Transaktionen, Preise oder Änderungen des wirtschaftlichen Eigentums.

Diese Änderung beseitigt den Eindruck eines Insiderverkaufs, der von Investoren negativ interpretiert werden könnte. Da die Meldung jedoch lediglich eine formale Korrektur darstellt und keinen neuen Kauf oder Verkauf widerspiegelt, hat sie nur begrenzte finanzielle Auswirkungen auf die Fundamentaldaten von Sezzle.

Positive
  • No insider sale occurred; CEO’s 12.35 million-share ownership remains intact, removing a potential negative perception of insider selling.
  • Prompt corrective filing suggests management is attentive to disclosure accuracy and regulatory compliance.
Negative
  • Initial reporting error indicates a lapse in internal controls over Section 16 filings, raising minor governance concerns.

Insights

TL;DR: CEO did not sell; ownership steady at 12.35 M shares—signal is neutral to mildly positive.

The amendment eliminates a previously reported 6,978-share sale by Charles Youakim, confirming he maintains his full 12.35 million-share stake. The correction removes a potential bearish signal of insider selling, yet the share count involved (≈0.06% of his holdings) was immaterial. No cash changed hands and no valuation metrics are affected. Therefore, the market impact is negligible, albeit mildly reassuring.

TL;DR: Filing error corrected; governance impact limited but accuracy controls need attention.

Restating the Form 4 demonstrates management’s willingness to correct disclosure mistakes promptly, a positive governance trait. Still, the initial misreporting highlights procedural lapses in Section 16 reporting controls. Investors should monitor future filings for accuracy but need not infer any strategic intent from this clerical amendment.

Sezzle Inc. (SEZL) ha presentato un modulo Form 4 modificato il 7 luglio 2025 per correggere un errore in una precedente segnalazione di insider trading. La dichiarazione originaria del 3 luglio 2025 indicava che il CEO, Presidente Esecutivo, Direttore e azionista al 10% Charles Youakim aveva ceduto 6.978 azioni ordinarie. La modifica chiarisce che in realtà non è avvenuta alcuna cessione.

Dopo la correzione, la proprietà diretta di Mr. Youakim rimane invariata a 12.353.427 azioni ordinarie (valore nominale $0,00001). Non sono state segnalate transazioni su strumenti derivati. Il documento non riporta altre transazioni, prezzi o variazioni nella proprietà effettiva.

Questa modifica elimina l'apparenza di una vendita da parte di un insider, che avrebbe potuto essere interpretata negativamente dagli investitori. Tuttavia, poiché la segnalazione corregge solo dati amministrativi e non riflette un nuovo acquisto o vendita, ha un impatto finanziario limitato sui fondamentali di Sezzle.

Sezzle Inc. (SEZL) presentó un Formulario 4 enmendado el 7 de julio de 2025 para corregir un error en un informe previo de operaciones internas. La presentación original del 3 de julio de 2025 mostraba que el Director Ejecutivo, Presidente Ejecutivo, Director y propietario del 10% Charles Youakim había dispuesto de 6,978 acciones ordinarias. La enmienda aclara que en realidad no se realizó ninguna disposición.

Tras la corrección, la propiedad directa y beneficiaria del Sr. Youakim permanece sin cambios en 12,353,427 acciones ordinarias (valor nominal $0.00001). No se reportaron transacciones con valores derivados. El documento no contiene otras transacciones, precios o cambios en la propiedad beneficiaria.

Esta enmienda elimina la apariencia de venta por parte de un insider, que podría haberse interpretado negativamente por los inversores. Sin embargo, dado que la presentación solo corrige información administrativa y no refleja una compra o venta nueva, tiene un impacto financiero limitado en los fundamentos de Sezzle.

Sezzle Inc. (SEZL)은 2025년 7월 7일 이전 내부자 거래 보고서의 오류를 수정하기 위해 수정된 Form 4를 제출했습니다. 2025년 7월 3일 날짜의 원래 제출서에는 CEO, 집행 의장, 이사 및 10% 지분 보유자인 Charles Youakim6,978 보통주를 처분한 것으로 나타났습니다. 수정본은 실제로는 처분이 이루어지지 않았다고 명확히 밝혔습니다.

수정 후 Youakim 씨의 직접적 실질 소유 주식 수는 변함없이 12,353,427 보통주 (액면가 $0.00001)입니다. 파생 증권 거래는 보고되지 않았습니다. 문서에는 다른 거래, 가격 또는 소유권 변동 사항이 포함되어 있지 않습니다.

이번 수정은 내부자 매도라는 인상을 없애 투자자들이 부정적으로 해석할 수 있는 상황을 제거합니다. 그러나 이 제출은 단순히 행정적 정보를 정정한 것이며 새로운 매수나 매도를 반영하지 않으므로 Sezzle의 기본 재무 상태에 미치는 영향은 제한적입니다.

Sezzle Inc. (SEZL) a déposé un formulaire 4 modifié le 7 juillet 2025 afin de corriger une erreur dans un rapport antérieur de transactions d’initiés. Le dépôt original daté du 3 juillet 2025 indiquait que le PDG, président exécutif, administrateur et détenteur de 10 % Charles Youakim avait cédé 6 978 actions ordinaires. L’amendement précise qu’aucune cession n’a en réalité eu lieu.

Suite à cette correction, la propriété directe effective de M. Youakim reste inchangée à 12 353 427 actions ordinaires (valeur nominale de 0,00001 $). Aucune transaction sur titres dérivés n’a été signalée. Le document ne contient aucune autre transaction, prix ou modification de la propriété effective.

Cette modification supprime l’apparence d’une vente d’initié, qui aurait pu être perçue négativement par les investisseurs. Cependant, puisque le dépôt corrige uniquement une information administrative sans refléter un nouvel achat ou une nouvelle vente, son impact financier sur les fondamentaux de Sezzle est limité.

Sezzle Inc. (SEZL) reichte am 7. Juli 2025 ein geändertes Formular 4 ein, um einen Fehler in einem vorherigen Insiderhandelsbericht zu korrigieren. Die ursprüngliche Meldung vom 3. Juli 2025 zeigte, dass der CEO, Executive Chairman, Direktor und 10%-Eigentümer Charles Youakim 6.978 Stammaktien veräußert hatte. Die Änderung stellt klar, dass tatsächlich keine Veräußerung stattgefunden hat.

Nach der Korrektur bleibt der direkte wirtschaftliche Eigentum von Herrn Youakim unverändert bei 12.353.427 Stammaktien (Nennwert $0,00001). Keine Derivatgeschäfte wurden gemeldet. Das Dokument enthält keine weiteren Transaktionen, Preise oder Änderungen des wirtschaftlichen Eigentums.

Diese Änderung beseitigt den Eindruck eines Insiderverkaufs, der von Investoren negativ interpretiert werden könnte. Da die Meldung jedoch lediglich eine formale Korrektur darstellt und keinen neuen Kauf oder Verkauf widerspiegelt, hat sie nur begrenzte finanzielle Auswirkungen auf die Fundamentaldaten von Sezzle.

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).
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*
Youakim Charles

(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 X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman and CEO
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 12,353,427(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 6,978 shares of common stock that did not in fact occur. As of July 1, 2025, the reporting person owned 12,353,427 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 did Sezzle (SEZL) correct in the amended Form 4/A?

The company clarified that CEO Charles Youakim did not dispose of 6,978 shares as previously reported.

How many Sezzle shares does CEO Charles Youakim now own?

He directly owns 12,353,427 common shares as of 1 July 2025.

Were any new transactions reported in this Form 4/A?

No. The amendment only corrects a mistaken entry; no acquisitions or dispositions occurred.

Does the correction impact Sezzle’s financial results?

No financial metrics are affected; the filing concerns beneficial ownership disclosure only.

Why is an accurate Form 4 important to investors?

Form 4 shows insider buying/selling patterns, which investors use to gauge management’s confidence and potential governance issues.
Sezzle Inc.

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6.06B
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57.26%
22.85%
6.69%
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