STOCK TITAN

Sezzle (SEZL) COO receives 45,000 restricted stock units in equity grant

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

Rhea-AI Filing Summary

Sabzivand Amin reported acquisition or exercise transactions in this Form 4 filing.

Sezzle Inc. Chief Operating Officer Amin Sabzivand reported an equity compensation grant of 45,000 shares of common stock in the form of restricted stock units at no cash cost per share. The award vests over four years, with 25% vesting on the one-year anniversary of the vesting commencement date and the remainder vesting in equal quarterly installments. Following this grant, Sabzivand directly holds 260,122 shares of Sezzle common stock.

Positive

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Insider Sabzivand Amin
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.00001 per share 45,000 $0.00 --
Holdings After Transaction: Common Stock, par value $0.00001 per share — 260,122 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 45,000 shares Restricted stock unit award to COO Amin Sabzivand
Grant price per share $0.0000 per share Reported transaction price for RSU grant
Total holdings after grant 260,122 shares Common stock directly held following the transaction
Initial vesting tranche 25% of units Vests on one-year anniversary of vesting commencement date
Remaining vesting pattern Equal quarterly installments Covers remaining RSUs after first-year vest
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.
vesting commencement date financial
"25% vests on the one-year anniversary of the vesting commencement date,"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock, par value $0.00001 per share financial
"security_title": "Common Stock, par value $0.00001 per share""
Chief Operating Officer financial
"officer_title": "Chief Operating Officer""
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
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*
Sabzivand Amin

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
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 share05/15/2026A45,000(1)A$0260,122D
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.
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 Amin Sabzivand?

Sezzle reported that COO Amin Sabzivand received a grant of 45,000 restricted stock units of common stock. The award is equity compensation, carries no cash purchase price, and increases his direct holdings to 260,122 shares after the transaction.

Is Amin Sabzivand’s Sezzle (SEZL) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant, not an open-market purchase. Code A identifies a grant or award acquisition of 45,000 restricted stock units, reflecting compensation rather than a discretionary buy, with no cash price paid per share in this transaction.

How do Amin Sabzivand’s new Sezzle (SEZL) restricted stock units vest?

The 45,000 restricted stock units vest over four years. According to the disclosure, 25% vests on the one-year anniversary of the vesting commencement date, and the remaining units vest in equal quarterly installments thereafter until fully vested.

How many Sezzle (SEZL) shares does Amin Sabzivand own after this Form 4 grant?

After the reported grant, Amin Sabzivand directly holds 260,122 shares of Sezzle common stock. This total reflects his position following the award of 45,000 restricted stock units described in the Form 4 filing.

What does transaction code A mean in the Sezzle (SEZL) Form 4 for Amin Sabzivand?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition. For Amin Sabzivand, it denotes an equity compensation grant of 45,000 restricted stock units of Sezzle common stock rather than a market purchase or sale.