STOCK TITAN

[Form 4] Sezzle Inc. Insider Trading Activity

Filing Impact
(Neutral)
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.

Avviso di Insider Trading: Paul Paradis, Direttore e Presidente di Sezzle (SEZL), ha comunicato le seguenti variazioni nella proprietà azionaria il 28 giugno 2025:

  • Vendita di 3.000 azioni ordinarie a 146 dollari per azione il 17 giugno 2025, eseguita tramite il piano di trading Rule 10b5-1 del coniuge (istituito il 2 dicembre 2024)
  • Detenzioni attuali dopo la transazione:
    • 528.382 azioni detenute direttamente
    • 269.000 azioni detenute dal coniuge
    • 504.066 azioni detenute tramite Paradis Family LLC

La transazione è stata effettuata nell’ambito di un piano di trading predefinito Rule 10b5-1, a dimostrazione della conformità alle normative sull’insider trading. Paradis mantiene una posizione azionaria significativa con un totale combinato di 1.301.448 azioni tra detenzioni dirette e indirette. È stata presentata una dichiarazione di rinuncia alla proprietà effettiva per le azioni detenute tramite Paradis Family LLC, fatta eccezione per l’interesse pecuniario.

Alerta de Operaciones con Información Privilegiada: Paul Paradis, Director y Presidente de Sezzle (SEZL), reportó los siguientes cambios en la propiedad beneficiaria el 28 de junio de 2025:

  • Venta de 3,000 acciones ordinarias a 146 dólares por acción el 17 de junio de 2025, realizada mediante el plan de trading Rule 10b5-1 del cónyuge (establecido el 2 de diciembre de 2024)
  • Posiciones actuales tras la transacción:
    • 528,382 acciones en propiedad directa
    • 269,000 acciones en propiedad del cónyuge
    • 504,066 acciones a través de Paradis Family LLC

La operación se efectuó bajo un plan de trading Rule 10b5-1 preestablecido, demostrando cumplimiento con las regulaciones sobre operaciones con información privilegiada. Paradis mantiene una posición significativa con un total combinado de 1,301,448 acciones entre posesión directa e indirecta. Se presentó una renuncia de propiedad beneficiaria para las acciones mantenidas a través de Paradis Family LLC, excepto por el interés pecuniario.

내부자 거래 알림: Sezzle(SEZL)의 이사 겸 사장인 Paul Paradis가 2025년 6월 28일에 다음과 같은 실질 소유권 변동을 보고했습니다:

  • 2025년 6월 17일, 배우자의 Rule 10b5-1 거래 계획(2024년 12월 2일 설정)을 통해 보통주 3,000주를 주당 146달러에 매도함
  • 거래 후 현재 보유 주식:
    • 직접 보유 528,382주
    • 배우자 보유 269,000주
    • Paradis Family LLC를 통한 보유 504,066주

이번 거래는 사전에 설정된 Rule 10b5-1 거래 계획에 따라 이루어져 내부자 거래 규정을 준수함을 보여줍니다. Paradis는 직접 및 간접 보유를 합쳐 1,301,448주의 상당한 소유 지위를 유지하고 있습니다. Paradis Family LLC를 통한 주식에 대해서는 금전적 이익을 제외한 실질 소유권 포기 신고가 제출되었습니다.

Alerte sur les Transactions d’Initiés : Paul Paradis, Directeur et Président de Sezzle (SEZL), a déclaré les modifications suivantes de propriété bénéficiaire le 28 juin 2025 :

  • Vente de 3 000 actions ordinaires à 146 dollars par action le 17 juin 2025, réalisée via le plan de trading Rule 10b5-1 de son conjoint (établi le 2 décembre 2024)
  • Détentions actuelles après la transaction :
    • 528 382 actions détenues directement
    • 269 000 actions détenues par le conjoint
    • 504 066 actions détenues via Paradis Family LLC

La transaction a été réalisée dans le cadre d’un plan de trading Rule 10b5-1 préétabli, démontrant le respect des réglementations sur les transactions d’initiés. Paradis conserve une position significative avec un total combiné de 1 301 448 actions détenues directement et indirectement. Une déclaration de renonciation à la propriété bénéficiaire a été déposée pour les actions détenues via Paradis Family LLC, à l’exception de l’intérêt pécuniaire.

Insider-Handelsmeldung: Paul Paradis, Direktor und Präsident von Sezzle (SEZL), meldete am 28. Juni 2025 folgende Änderungen im wirtschaftlichen Eigentum:

  • Verkauf von 3.000 Stammaktien zu je 146 US-Dollar am 17. Juni 2025, ausgeführt über den Rule 10b5-1 Handelsplan des Ehepartners (eingeführt am 2. Dezember 2024)
  • Aktueller Bestand nach der Transaktion:
    • 528.382 Aktien direkt gehalten
    • 269.000 Aktien im Besitz des Ehepartners
    • 504.066 Aktien über Paradis Family LLC gehalten

Die Transaktion wurde im Rahmen eines vorab eingerichteten Rule 10b5-1 Handelsplans durchgeführt, was die Einhaltung der Insiderhandelsvorschriften bestätigt. Paradis hält eine bedeutende Eigentumsposition mit insgesamt 1.301.448 Aktien aus direktem und indirektem Besitz. Für die über Paradis Family LLC gehaltenen Aktien wurde eine Verzichtserklärung auf das wirtschaftliche Eigentum eingereicht, mit Ausnahme des pecuniären Interesses.

Positive
  • None.
Negative
  • None.

Avviso di Insider Trading: Paul Paradis, Direttore e Presidente di Sezzle (SEZL), ha comunicato le seguenti variazioni nella proprietà azionaria il 28 giugno 2025:

  • Vendita di 3.000 azioni ordinarie a 146 dollari per azione il 17 giugno 2025, eseguita tramite il piano di trading Rule 10b5-1 del coniuge (istituito il 2 dicembre 2024)
  • Detenzioni attuali dopo la transazione:
    • 528.382 azioni detenute direttamente
    • 269.000 azioni detenute dal coniuge
    • 504.066 azioni detenute tramite Paradis Family LLC

La transazione è stata effettuata nell’ambito di un piano di trading predefinito Rule 10b5-1, a dimostrazione della conformità alle normative sull’insider trading. Paradis mantiene una posizione azionaria significativa con un totale combinato di 1.301.448 azioni tra detenzioni dirette e indirette. È stata presentata una dichiarazione di rinuncia alla proprietà effettiva per le azioni detenute tramite Paradis Family LLC, fatta eccezione per l’interesse pecuniario.

Alerta de Operaciones con Información Privilegiada: Paul Paradis, Director y Presidente de Sezzle (SEZL), reportó los siguientes cambios en la propiedad beneficiaria el 28 de junio de 2025:

  • Venta de 3,000 acciones ordinarias a 146 dólares por acción el 17 de junio de 2025, realizada mediante el plan de trading Rule 10b5-1 del cónyuge (establecido el 2 de diciembre de 2024)
  • Posiciones actuales tras la transacción:
    • 528,382 acciones en propiedad directa
    • 269,000 acciones en propiedad del cónyuge
    • 504,066 acciones a través de Paradis Family LLC

La operación se efectuó bajo un plan de trading Rule 10b5-1 preestablecido, demostrando cumplimiento con las regulaciones sobre operaciones con información privilegiada. Paradis mantiene una posición significativa con un total combinado de 1,301,448 acciones entre posesión directa e indirecta. Se presentó una renuncia de propiedad beneficiaria para las acciones mantenidas a través de Paradis Family LLC, excepto por el interés pecuniario.

내부자 거래 알림: Sezzle(SEZL)의 이사 겸 사장인 Paul Paradis가 2025년 6월 28일에 다음과 같은 실질 소유권 변동을 보고했습니다:

  • 2025년 6월 17일, 배우자의 Rule 10b5-1 거래 계획(2024년 12월 2일 설정)을 통해 보통주 3,000주를 주당 146달러에 매도함
  • 거래 후 현재 보유 주식:
    • 직접 보유 528,382주
    • 배우자 보유 269,000주
    • Paradis Family LLC를 통한 보유 504,066주

이번 거래는 사전에 설정된 Rule 10b5-1 거래 계획에 따라 이루어져 내부자 거래 규정을 준수함을 보여줍니다. Paradis는 직접 및 간접 보유를 합쳐 1,301,448주의 상당한 소유 지위를 유지하고 있습니다. Paradis Family LLC를 통한 주식에 대해서는 금전적 이익을 제외한 실질 소유권 포기 신고가 제출되었습니다.

Alerte sur les Transactions d’Initiés : Paul Paradis, Directeur et Président de Sezzle (SEZL), a déclaré les modifications suivantes de propriété bénéficiaire le 28 juin 2025 :

  • Vente de 3 000 actions ordinaires à 146 dollars par action le 17 juin 2025, réalisée via le plan de trading Rule 10b5-1 de son conjoint (établi le 2 décembre 2024)
  • Détentions actuelles après la transaction :
    • 528 382 actions détenues directement
    • 269 000 actions détenues par le conjoint
    • 504 066 actions détenues via Paradis Family LLC

La transaction a été réalisée dans le cadre d’un plan de trading Rule 10b5-1 préétabli, démontrant le respect des réglementations sur les transactions d’initiés. Paradis conserve une position significative avec un total combiné de 1 301 448 actions détenues directement et indirectement. Une déclaration de renonciation à la propriété bénéficiaire a été déposée pour les actions détenues via Paradis Family LLC, à l’exception de l’intérêt pécuniaire.

Insider-Handelsmeldung: Paul Paradis, Direktor und Präsident von Sezzle (SEZL), meldete am 28. Juni 2025 folgende Änderungen im wirtschaftlichen Eigentum:

  • Verkauf von 3.000 Stammaktien zu je 146 US-Dollar am 17. Juni 2025, ausgeführt über den Rule 10b5-1 Handelsplan des Ehepartners (eingeführt am 2. Dezember 2024)
  • Aktueller Bestand nach der Transaktion:
    • 528.382 Aktien direkt gehalten
    • 269.000 Aktien im Besitz des Ehepartners
    • 504.066 Aktien über Paradis Family LLC gehalten

Die Transaktion wurde im Rahmen eines vorab eingerichteten Rule 10b5-1 Handelsplans durchgeführt, was die Einhaltung der Insiderhandelsvorschriften bestätigt. Paradis hält eine bedeutende Eigentumsposition mit insgesamt 1.301.448 Aktien aus direktem und indirektem Besitz. Für die über Paradis Family LLC gehaltenen Aktien wurde eine Verzichtserklärung auf das wirtschaftliche Eigentum eingereicht, mit Ausnahme des pecuniären Interesses.

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.

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.
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