Sezzle (SEZL) SVP sells 1,404 shares in tax-related open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sezzle Inc. insider Justin Krause, SVP Finance and Controller, reported open-market sales of common stock on March 3, 2026. He sold 1,017 shares at a weighted average price of $70.9292, 159 shares at $71.4125, and 228 shares at $73.3794.
Footnotes state these sales were made to cover tax withholding obligations arising from the vesting and settlement of restricted stock units through a "sell to cover" transaction and are described as not discretionary transactions by the reporting person. After these sales, he directly held 80,909 shares of Sezzle common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,404 shares ($100,220)
Net Sell
3 txns
Insider
Krause Justin
Role
SVP FINANCE AND CONTROLLER
Sold
1,404 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share | 1,017 | $70.9292 | $72K |
| Sale | Common Stock, par value $0.00001 per share | 159 | $71.4125 | $11K |
| Sale | Common Stock, par value $0.00001 per share | 228 | $73.3794 | $17K |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 81,296 shares (Direct)
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 $73.55, 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.
FAQ
What insider transaction did Sezzle (SEZL) report for Justin Krause?
Sezzle reported that SVP Finance and Controller Justin Krause sold a total of 1,404 common shares on March 3, 2026. The transactions were open-market sales linked to restricted stock unit vesting and related tax withholding obligations.
What type of security did Justin Krause sell in the Sezzle (SEZL) Form 4?
The Form 4 identifies the security as Common Stock, par value $0.00001 per share. All three reported transactions involve this same Sezzle Inc. common stock, with sales executed in the open market to address associated tax withholding obligations.