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Sezzle Executive Holds Over 1.3M Shares Despite Recent $438K Sale

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

Rhea-AI Filing Summary

Insider Trading Alert: Paul Paradis, Director and President of Sezzle (SEZL), reported the following beneficial ownership changes on June 28, 2025:

  • Sale of 3,000 shares of common stock at $146 per share on June 17, 2025, executed through spouse's Rule 10b5-1 trading plan (established December 2, 2024)
  • Current holdings after transaction: - 528,382 shares held directly - 269,000 shares held by spouse - 504,066 shares held through Paradis Family LLC

The transaction was conducted under a pre-established Rule 10b5-1 trading plan, demonstrating compliance with insider trading regulations. Paradis maintains significant ownership position with combined direct and indirect holdings of 1,301,448 shares. A disclaimer of beneficial ownership was filed for shares held through Paradis Family LLC except for pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Paradis Paul
Role Director & President
Sold 3,000 shs ($438K)
Type Security Shares Price Value
Sale Common Stock, par value $0.00001 per share 3,000 $146.00 $438K
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 — 269,000 shares (Indirect, By spouse); Common Stock, par value $0.00001 per share — 528,382 shares (Direct)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on December 2, 2024. 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.
Form 4 Insider Transactions: What Each Field Means →
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).
X
 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 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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Director & President
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
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 06/17/2025 S(1) 3,000 D $146 269,000 I By spouse
Common Stock, par value $0.00001 per share 528,382 D
Common Stock, par value $0.00001 per share 504,066 I Paradis Family LLC(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on December 2, 2024.
2. 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 06/19/2025
** 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

How many SEZL shares did Paul Paradis sell on June 17, 2025?

According to the Form 4 filing, Paul Paradis's spouse sold 3,000 shares of SEZL common stock at a price of $146 per share on June 17, 2025. This transaction was executed through an indirect ownership position.

What is Paul Paradis's total SEZL stock ownership after the June 2025 transaction?

After the reported transaction, Paul Paradis's total beneficial ownership consists of: 528,382 shares held directly, 269,000 shares held indirectly by spouse, and 504,066 shares held indirectly through Paradis Family LLC, totaling 1,301,448 shares.

What positions does Paul Paradis hold at SEZL?

According to the Form 4 filing, Paul Paradis serves as both a Director and President of Sezzle Inc. (SEZL).

Was the SEZL stock sale by Paul Paradis part of a 10b5-1 trading plan?

Yes, the filing indicates that the transaction was executed pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person's spouse on December 2, 2024.

Who signed the SEZL Form 4 filing for Paul Paradis?

The Form 4 was signed by Brady Duane Kafka as Attorney-in-Fact on June 19, 2025, two days after the reported transaction.