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Tax-cover sales by Sezzle (SEZL) CEO total 7,185 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sezzle Inc. Executive Chairman and CEO Charles Youakim reported open-market sales totaling 7,185 shares of common stock on March 3, 2026 to cover tax withholding obligations from vesting restricted stock units. Weighted average sale prices ranged from about $70.93 to $73.38 per share. After these sales, he held 12,332,279 shares directly and may be deemed to have voting and dispositive power over 947,370 shares held by Cerro Gordo LLC and 1,508,454 shares held by the Charles G. Youakim 2020 Irrevocable GST Trust.

Positive

  • None.

Negative

  • None.
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 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 X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 S(1) 5,209 D $70.9294(2) 12,334,255 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 808 D $71.411(3) 12,333,447 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 1,168 D $73.3795(4) 12,332,279 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(5)
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. The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. The sales were effected in multiple transactions at prices ranging from $70.02 to $71.00, inclusive, on March 3, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
3. The sales were effected in multiple transactions at prices ranging from $71.09 to $71.98, inclusive, on March 3, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
4. The sales were effected in multiple transactions at prices ranging from $72.60 to $73.56, inclusive, on March 3, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
5. The reporting person may be deemed to have voting and dispositive power over these securities.
Remarks:
/s/ Brady Duane Kafka, as Attorney-in-Fact 03/05/2026
** 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

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

Sezzle Inc. reported that CEO Charles Youakim sold 7,185 shares of common stock on March 3, 2026. These open-market sales were executed to cover tax withholding obligations arising from the vesting and settlement of restricted stock units, not as discretionary trades.

At what prices did the Sezzle (SEZL) CEO sell shares on March 3, 2026?

Charles Youakim’s sales were executed at weighted average prices of $70.9294, $71.4110, and $73.3795 per share. Footnotes state the actual trades occurred in multiple transactions within ranges from $70.02 to $73.56, with each reported figure reflecting the weighted average price.

How many Sezzle (SEZL) shares does CEO Charles Youakim hold after the reported sales?

After the March 3, 2026 sales, Charles Youakim directly held 12,332,279 shares of Sezzle common stock. He may also be deemed to have voting and dispositive power over 947,370 shares held by Cerro Gordo LLC and 1,508,454 shares held by a 2020 irrevocable GST trust.

Why were Charles Youakim’s Sezzle (SEZL) share sales described as sell-to-cover?

The filing explains the sales were to cover tax withholding obligations from vesting restricted stock units. The transactions were funded by a “sell to cover” arrangement and are specifically described as not representing discretionary transactions initiated by the reporting person.

What indirect Sezzle (SEZL) holdings are associated with Charles Youakim?

Indirectly, 947,370 Sezzle shares are held by Cerro Gordo LLC, and 1,508,454 shares are held by the Charles G. Youakim 2020 Irrevocable GST Trust. The reporting person may be deemed to have voting and dispositive power over these securities, according to the footnote disclosure.

How many total Sezzle (SEZL) shares did the CEO sell in this Form 4 filing?

Across three open-market sale transactions on March 3, 2026, CEO Charles Youakim sold a combined 7,185 Sezzle common shares. Individual sale amounts were 5,209 shares, 808 shares, and 1,168 shares, each reported with its own weighted average sale price per share.
Sezzle Inc.

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