Sezzle Insider Trade: COO Cashes Out About $0.5M in Stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sezzle (SEZL) filed a Form 4 reporting that Chief Operating Officer Amin Sabzivand exercised 3,169 stock options at $5.23 and immediately sold the same number of common shares at a weighted-average price of $163.75 on June 25 2025. The transaction, executed under a pre-arranged Rule 10b5-1 trading plan, generated roughly $0.52 million in gross proceeds and represented about 1.3 % of his direct holdings. After the sale, Sabzivand holds 243,303 shares directly. No additional insider activity or material corporate developments were disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,169 shares ($518,910)
Net Sell
3 txns
Insider
Sabzivand Amin
Role
Chief Operating Officer
Sold
3,169 shs ($519K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 3,169 | $0.00 | -- |
| Exercise | Common Stock, par value $0.00001 per share | 3,169 | $5.23 | $17K |
| Sale | Common Stock, par value $0.00001 per share | 3,169 | $163.7456 | $519K |
Holdings After Transaction:
Stock Options — 21,761 shares (Direct);
Common Stock, par value $0.00001 per share — 246,472 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024. The sales were effected in multiple transactions at prices ranging from $163.67 to $164.05, inclusive, on June 25, 2025. 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 are Amin Sabzivand's remaining SEZL holdings after the sale?
He now directly owns 243,303 shares.
Was the transaction executed under a Rule 10b5-1 plan?
Yes. The Form 4 notes the sale was made pursuant to a Rule 10b5-1 plan adopted on December 6 2024.