Sezzle Inc. (SEZL) COO forfeits 6,973 shares to cover RSU tax

Rhea-AI Filing Summary

Sezzle Inc. Chief Operating Officer Amin Sabzivand reported a Form 4 transaction involving 6,973 shares of common stock. These shares were forfeited to the company at $118.00 per share to satisfy withholding tax obligations arising from the vesting of previously awarded restricted stock units. Following this tax-withholding disposition, Sabzivand directly holds 252,807 shares of Sezzle common stock.

Insider Trade Summary

Net Seller: 6,973 shares

Net Sell 1 txn

Insider Sabzivand Amin

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.00001 per share F1	6,973	$118.00	$823K

Holdings After Transaction: Common Stock, par value $0.00001 per share — 252,807 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: 6,973 shares Per-share value used: $118.00 per share Shares held after transaction: 252,807 shares

3 metrics

Shares forfeited for tax withholding 6,973 shares Common stock delivered or withheld to satisfy tax liability on RSU vesting

Per-share value used $118.00 per share Value applied to the 6,973 forfeited shares for tax-liability purposes

Shares held after transaction 252,807 shares Direct ownership of Sezzle common stock reported following the Form 4 transaction

Key Terms

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

3 terms

restricted stock units financial

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

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 05:19 PM Accepted by SEC EDGAR 08/12/2026 - 05:19 PM Learn about SEC filing dates

FAQ

What insider transaction did Sezzle Inc. (SEZL) report for Amin Sabzivand?

Sezzle Inc. reported that COO Amin Sabzivand forfeited 6,973 shares of common stock at $118.00 per share. The shares were withheld to cover tax obligations from vesting restricted stock units, rather than being sold on the open market.

Was the Sezzle (SEZL) Form 4 transaction a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 6,973 shares were forfeited back to satisfy withholding tax obligations triggered by the vesting of previously granted restricted stock units.

How many Sezzle (SEZL) shares does Amin Sabzivand hold after this Form 4 transaction?

After the reported tax-withholding disposition, Amin Sabzivand directly holds 252,807 shares of Sezzle common stock. This figure reflects his post-transaction ownership reported in the Form 4 following the forfeiture of 6,973 shares for tax purposes.

What price per share was used in Amin Sabzivand’s Sezzle (SEZL) tax-withholding transaction?

The transaction used a value of $118.00 per share for the 6,973 shares forfeited. This price is applied in connection with the payment of tax liability arising from the vesting of previously awarded restricted stock units.

What triggered the share forfeiture reported in Sezzle (SEZL) COO Amin Sabzivand’s Form 4?

The forfeiture was triggered by the vesting of previously granted restricted stock units. To satisfy the resulting withholding tax obligations, 6,973 shares of Sezzle common stock were forfeited rather than retained as part of his equity award.

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^*

Sabzivand Amin

(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)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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	08/10/2026		F(1)		6,973	D	$118	252,807	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/ Justin Krause, as Attorney-in-Fact	08/12/2026
	** 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)