Tax-cover sales by Sezzle (SEZL) CEO total 7,185 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 7,185 shares ($512,879)
Net Sell
5 txns
Insider
Youakim Charles
Role
Executive Chairman and CEO
Sold
7,185 shs ($513K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share | 5,209 | $70.9294 | $369K |
| Sale | Common Stock, par value $0.00001 per share | 808 | $71.411 | $58K |
| Sale | Common Stock, par value $0.00001 per share | 1,168 | $73.3795 | $86K |
| 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 — 12,334,255 shares (Direct);
Common Stock, par value $0.00001 per share — 947,370 shares (Indirect, Cerro Gordo LLC)
Footnotes (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. 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. 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. 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. The reporting person may be deemed to have voting and dispositive power over these securities.
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.
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.