What indirect Sezzle (SEZL) shareholdings related to Paul Paradis are disclosed?

The filing shows 233,000 Sezzle shares held indirectly by his spouse and 504,066 shares held by Paradis Family LLC. Paradis disclaims beneficial ownership of these indirect holdings except to the extent of his pecuniary interest in those entities.

Sezzle director sells 768 shares under 10b5‑1 plan

Sezzle Inc. Director & President Paul Paradis reported small open‑market sales of company stock that were executed under a pre‑planned Rule 10b5‑1 trading plan.

Filing Impact

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Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Sezzle Inc. Director & President Paul Paradis reported small open‑market sales of company stock that were executed under a pre‑planned Rule 10b5‑1 trading plan. On May 11, 2026, he sold a total of 768 shares of common stock in two transactions, with 39 shares at a weighted‑average price of $101.1887 per share and 729 shares at a weighted‑average price of $100.0764 per share.

The sales occurred in multiple trades within disclosed price ranges around $100–$101 per share and were made pursuant to a Rule 10b5‑1 plan adopted on November 18, 2025, indicating they were pre‑scheduled. Paradis also reports indirect holdings of 233,000 shares held by his spouse and 504,066 shares held by Paradis Family LLC, while disclaiming beneficial ownership of these indirect shares beyond his pecuniary interest.

Insider Trade Summary 10b5-1

Net Seller: 768 shares

Net Sell 4 txns

Insider Paradis Paul

Role Director & President

Sold 768 shs ($77K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.00001 per share	729	$100.0764	$73K
Sale	Common Stock, par value $0.00001 per share	39	$101.1887	$4K
holding	Common Stock, par value $0.00001 per share	--	--	--
holding	Common Stock, par value $0.00001 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.00001 per share — 448,995 shares (Direct); Common Stock, par value $0.00001 per share — 504,066 shares (Indirect, Paradis Family LLC); Common Stock, par value $0.00001 per share — 233,000 shares (Indirect, By spouse)

Footnotes (4)

F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
F2. The sales were effected in multiple transactions at prices ranging from $100.00 to $100.70, inclusive, on May 11, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
F3. The sales were effected in multiple transactions at prices ranging from $101.00 to $101.33, inclusive, on May 11, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
F4. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

Key Figures

Total shares sold: 768 shares Shares sold in first transaction: 39 shares at $101.1887/share Shares sold in second transaction: 729 shares at $100.0764/share +2 more

5 metrics

Total shares sold 768 shares Open-market sales on May 11, 2026

Shares sold in first transaction 39 shares at $101.1887/share Open-market sale on May 11, 2026

Shares sold in second transaction 729 shares at $100.0764/share Open-market sale on May 11, 2026

Indirect holdings by spouse 233,000 shares Common stock held indirectly by spouse

Indirect holdings via Paradis Family LLC 504,066 shares Common stock held indirectly by Paradis Family LLC

Key Terms

Rule 10b5-1 trading plan, beneficial ownership, pecuniary interest, Section 16

4 terms

Rule 10b5-1 trading plan financial

"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein"

Section 16 regulatory

"shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sezzle (SEZL) executive Paul Paradis report in this Form 4?

Paul Paradis reported open‑market sales of Sezzle common stock. On May 11, 2026, he sold 768 shares in two transactions under a pre‑planned Rule 10b5‑1 trading plan, at weighted‑average prices slightly above $100 per share.

How many Sezzle (SEZL) shares did Paul Paradis sell and at what prices?

Paradis sold 768 Sezzle shares in total. He sold 39 shares at a weighted‑average price of $101.1887 per share and 729 shares at a weighted‑average price of $100.0764 per share, with individual trades executed within disclosed price ranges.

Were Paul Paradis’s Sezzle (SEZL) stock sales pre‑planned under a Rule 10b5‑1 plan?

Yes, the filing states the sales were made under a Rule 10b5‑1 trading plan. The plan was adopted on November 18, 2025, meaning the May 11, 2026 trades were pre‑scheduled rather than opportunistic market‑timing decisions.

Does Paul Paradis claim full beneficial ownership of all reported Sezzle (SEZL) shares?

No. For indirect holdings by his spouse and Paradis Family LLC, Paradis expressly disclaims beneficial ownership except to the extent of his pecuniary interest. This limits how those indirect shares are attributed to him under Section 16 rules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/13/2026 - 04:01 PM

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^*

Paradis Paul

(Last)

(First)

(Middle)

700 NICOLLET MALL

SUITE 640

(Street)

MINNEAPOLIS

MINNESOTA

55402

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.00001 per share	05/11/2026		S⁽¹⁾		729	D	$100.0764⁽²⁾	449,034	D
Common Stock, par value $0.00001 per share	05/11/2026		S⁽¹⁾		39	D	$101.1887⁽³⁾	448,995	D
Common Stock, par value $0.00001 per share								504,066	I	Paradis Family LLC⁽⁴⁾
Common Stock, par value $0.00001 per share								233,000	I	By spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.

2. The sales were effected in multiple transactions at prices ranging from $100.00 to $100.70, inclusive, on May 11, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.

3. The sales were effected in multiple transactions at prices ranging from $101.00 to $101.33, inclusive, on May 11, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.

4. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	05/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR