Sezzle insider forfeits shares for tax withholding

Sezzle Inc. General Counsel and Secretary Kerissa Hollis reported a small, automatic share disposition related to taxes.

Rhea-AI Filing Summary

Sezzle Inc. General Counsel and Secretary Kerissa Hollis reported a small, automatic share disposition related to taxes. In connection with the vesting of previously awarded restricted stock units, she forfeited 185 shares of common stock at an indicated value of $63.70 per share to satisfy withholding tax obligations. After this tax-withholding event, she directly holds 12,386 shares of Sezzle common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 185 shares

Exercise Price or Tax Liability 1 txn

Insider Hollis Kerissa

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.00001 per share	185	$63.70	$12K

Holdings After Transaction: Common Stock, par value $0.00001 per share — 12,386 shares (Direct)

Footnotes (1)

1. F1. In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares of common stock to satisfy withholding tax obligations.

Key Figures

Shares forfeited for tax withholding: 185 shares Per-share value used: $63.70 per share Shares held after transaction: 12,386 shares

3 metrics

Shares forfeited for tax withholding 185 shares Tax-withholding disposition on restricted stock unit vesting

Per-share value used $63.70 per share Value applied to the 185 forfeited shares

Shares held after transaction 12,386 shares Direct Sezzle common stock holdings after tax withholding

Key Terms

restricted stock units, withholding tax obligations, tax-withholding disposition, Form 4

4 terms

restricted stock units financial

"In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

withholding tax obligations financial

"forfeited these shares of common stock to satisfy withholding tax obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sezzle (SEZL) report for Kerissa Hollis?

Kerissa Hollis reported forfeiting 185 Sezzle shares to cover taxes on vesting restricted stock units. This was recorded as a tax-withholding disposition, not an open-market sale, and reflects standard handling of equity compensation awards.

Was the Sezzle (SEZL) transaction an open-market sale by Kerissa Hollis?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 185 shares were forfeited back in connection with restricted stock unit vesting to satisfy withholding tax obligations, a common practice for equity-based compensation.

How many Sezzle (SEZL) shares does Kerissa Hollis hold after this Form 4?

After forfeiting 185 shares for tax withholding, Kerissa Hollis directly holds 12,386 Sezzle common shares. This remaining position, disclosed in the Form 4, shows the transaction affected only a small portion of her total holdings.

What price per share was used in the Sezzle (SEZL) tax-withholding entry?

The Form 4 lists a value of $63.70 per Sezzle share for the 185 shares forfeited. This figure is used to calculate the tax-withholding amount associated with the vesting restricted stock units, rather than representing a market trade execution price.

What does transaction code F mean in the Sezzle (SEZL) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability using shares. In this Sezzle filing, it reflects 185 shares forfeited by Kerissa Hollis to satisfy withholding tax obligations tied to vesting restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 04:12 PM Learn about SEC filing dates

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^*

Hollis Kerissa

(Last) (First) (Middle)

700 NICOLLET MALL

SUITE 640

(Street)

MINNEAPOLIS MINNESOTA 55402

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sezzle Inc. [ SEZL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/01/2026		F(1)		185	D	$63.7	12,386	D

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. In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares of common stock to satisfy withholding tax obligations.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)