STOCK TITAN

Sezzle (SEZL) CEO Charles Youakim gets 28,000 RSU award, holds over 12.3M shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Youakim Charles reported acquisition or exercise transactions in this Form 4 filing.

Sezzle Inc. Executive Chairman and CEO Charles Youakim reported an equity compensation award on common stock. He received 28,000 restricted stock units at $0.0000 per share, which vest over four years. After this award, he directly holds 12,353,304 common shares, with additional indirect holdings through a 2020 irrevocable GST trust and Cerro Gordo LLC.

Positive

  • None.

Negative

  • None.
Insider Youakim Charles
Role Executive Chairman and CEO
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.00001 per share 28,000 $0.00 --
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 — 12,353,304 shares (Direct, null); Common Stock, par value $0.00001 per share — 947,370 shares (Indirect, Cerro Gordo LLC)
Footnotes (1)
  1. Reflecting an award of restricted stock units that vest over four years. 25% vests on the one-year anniversary of the vesting commencement date, and the remainder vests in equal quarterly installments thereafter. The reporting person may be deemed to have voting and dispositive power over these securities.
RSU award 28,000 shares Restricted stock units granted to CEO
Grant price $0.0000 per share Price for RSU award
Direct holdings after grant 12,353,304 shares CEO common stock position following transaction
Trust indirect holdings 1,508,454 shares Charles G. Youakim 2020 Irrevocable GST Trust
LLC indirect holdings 947,370 shares Cerro Gordo LLC position
Vesting schedule initial cliff 25% after one year First tranche of RSU vesting
restricted stock units financial
"Reflecting an award of restricted stock units that vest over four years."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"25% vests on the one-year anniversary of the vesting commencement date, and the remainder vests in equal quarterly installments thereafter."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
dispositive power financial
"The reporting person may be deemed to have voting and dispositive power over these securities."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Irrevocable GST Trust financial
"By Charles G. Youakim 2020 Irrevocable GST Trust"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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 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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.00001 per share05/15/2026A28,000(1)A$012,353,304D
Common Stock, par value $0.00001 per share947,370ICerro Gordo LLC
Common Stock, par value $0.00001 per share1,508,454IBy Charles G. Youakim 2020 Irrevocable GST Trust(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflecting an award of restricted stock units that vest over four years. 25% vests on the one-year anniversary of the vesting commencement date, and the remainder vests in equal quarterly installments thereafter.
2. The reporting person may be deemed to have voting and dispositive power over these securities.
Remarks:
/s/ Brady Duane Kafka, as Attorney-in-Fact05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Sezzle (SEZL) report for CEO Charles Youakim?

Sezzle reported an equity compensation award to CEO Charles Youakim. He received 28,000 restricted stock units of common stock at $0.0000 per share, increasing his direct holdings to 12,353,304 shares, in addition to indirect holdings through a trust and an LLC.

How do the new restricted stock units for Sezzle’s CEO vest?

The 28,000 restricted stock units vest over four years. According to the disclosure, 25% vests on the one-year anniversary of the vesting commencement date, with the remaining units vesting in equal quarterly installments thereafter.

What are Charles Youakim’s direct Sezzle (SEZL) share holdings after this Form 4?

After the reported award, Charles Youakim directly holds 12,353,304 shares of Sezzle common stock. This figure reflects his position following the 28,000 restricted stock unit grant described in the Form 4 filing.

What indirect Sezzle holdings are associated with Charles Youakim?

Indirect holdings include 1,508,454 Sezzle shares held by the Charles G. Youakim 2020 Irrevocable GST Trust and 947,370 shares held by Cerro Gordo LLC. The filing notes he may be deemed to have voting and dispositive power over these securities.

Is the Sezzle CEO’s Form 4 transaction a market purchase or sale?

The reported transaction is an equity compensation grant, not a market trade. It reflects an award of 28,000 restricted stock units at $0.0000 per share, classified as a grant, award, or other acquisition under transaction code A.