[Form 4] Sezzle Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 overview: Chief Financial Officer Karen Hartje reported a single insider transaction at Sezzle Inc. (SEZL) dated 07/01/2025. The filing shows a Form 4 code “F” event, which indicates the issuer withheld shares to cover taxes upon the vesting of previously granted restricted stock units (RSUs).

• Securities disposed (withheld): 5,310 common shares.
• Stated price: $167.58 per share (used for tax-withholding calculation).
• Post-transaction holdings: 127,020 common shares held directly by the CFO.

No derivative securities were involved, and there were no open-market purchases or sales. Because the purpose was solely to satisfy tax obligations, the transaction is generally viewed as routine and neutral from a trading-signal perspective. Nevertheless, Form 4 filings keep investors informed of insider ownership levels and potential future selling capacity.

Insights

Insider-Trading Analyst

TL;DR Routine tax-withholding disposal; ownership still sizable, market impact negligible.

This Form 4 reports a non-discretionary, tax-related forfeiture of 5,310 shares by the CFO. Code F indicates no active buy/sell decision; shares are automatically surrendered to the company to cover withholding on vested RSUs. The remaining direct stake of 127,020 shares reflects continued insider alignment. Because there is no open-market activity or change in economic exposure, I view the filing as neutral for valuation and sentiment.

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

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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^*

Hartje Karen

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

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

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

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	07/01/2025		F(1)		5,310	D	$167.58	127,020	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. In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares of common stock to satisfy withholding tax obligations.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	07/03/2025
	** 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

How many Sezzle (SEZL) shares did the CFO dispose of on 07/01/2025?

The filing states 5,310 common shares were forfeited to cover tax withholding.

What price was applied to the shares withheld from Karen Hartje?

The Form 4 lists a $167.58 per-share value for the tax calculation.

How many Sezzle shares does the CFO still own after this transaction?

Karen Hartje now holds 127,020 Sezzle common shares directly.

Was this an open-market sale of Sezzle stock?

No. The transaction code “F” shows it was an automatic share withholding for taxes, not an open-market sale.

Does the Form 4 include any derivative security activity?

No derivative securities (options, warrants, etc.) were reported in this filing.