SEZL CEO now holds 12,339,464 direct shares after RSU tax event

Q: What did SEZL's Form 4 disclose on 11/12/2025?

A code F transaction for 6,985 shares at $58.01 , reflecting shares withheld to cover taxes upon RSU vesting.

Q: How many SEZL shares does the insider own after the transaction?

Direct beneficial ownership is 12,339,464 shares .

Q: What are the insider’s indirect SEZL holdings?

947,370 shares via Cerro Gordo LLC and 1,508,454 shares via the Charles G. Youakim 2020 Irrevocable GST Trust .

Q: Who is the reporting person in SEZL’s Form 4?

A Director , 10% Owner , and Officer serving as Executive Chairman and CEO .

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sezzle (SEZL) reported an insider transaction by its Executive Chairman and CEO on a Form 4. On 11/12/2025, the reporting person had 6,985 shares of common stock withheld at $58.01 under code F, which the filing explains was in connection with the vesting of previously awarded RSUs to satisfy withholding tax obligations.

Following the transaction, the insider beneficially owns 12,339,464 shares directly, plus 947,370 shares indirectly via Cerro Gordo LLC and 1,508,454 shares indirectly via the Charles G. Youakim 2020 Irrevocable GST Trust.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Youakim Charles

Role Executive Chairman and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.00001 per share	6,985	$58.01	$405K
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 — 12,339,464 shares (Direct); Common Stock, par value $0.00001 per share — 947,370 shares (Indirect, Cerro Gordo LLC)

Footnotes (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. The reporting person may be deemed to have voting and dispositive power over these securities.

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Form 4 Insider Transactions: What Each Field Means →

11/14/2025 - 08:06 AM

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

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)
11/12/2025

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)
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	11/12/2025		F⁽¹⁾		6,985	D	$58.01	12,339,464	D
Common Stock, par value $0.00001 per share								947,370	I	Cerro Gordo LLC
Common Stock, par value $0.00001 per share								1,508,454	I	By 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)
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. 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.

2. The reporting person may be deemed to have voting and dispositive power over these securities.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	11/14/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did SEZL's Form 4 disclose on 11/12/2025?

A code F transaction for 6,985 shares at $58.01, reflecting shares withheld to cover taxes upon RSU vesting.

Was this an open‑market sale by SEZL’s CEO?

No. The filing states the shares were forfeited to satisfy withholding tax obligations tied to RSU vesting (code F).

How many SEZL shares does the insider own after the transaction?

Direct beneficial ownership is 12,339,464 shares.

What are the insider’s indirect SEZL holdings?

947,370 shares via Cerro Gordo LLC and 1,508,454 shares via the Charles G. Youakim 2020 Irrevocable GST Trust.

Who is the reporting person in SEZL’s Form 4?

A Director, 10% Owner, and Officer serving as Executive Chairman and CEO.

What does Form 4 transaction code F mean?

Code F indicates shares withheld or tendered to satisfy tax withholding obligations, often upon equity award vesting.