Sezzle director withholds shares for tax on RSU vesting

Sezzle Inc. director and president Paul Paradis reported a code F transaction on common stock on 2026-08-10.

Rhea-AI Filing Summary

Sezzle Inc. director and president Paul Paradis reported a code F transaction on common stock on 2026-08-10. In connection with vesting of previously awarded restricted stock units, 7,110 shares were forfeited at $118 per share to satisfy withholding tax obligations. After this tax-withholding disposition, Paradis directly holds 390,108 shares of common stock. He also reports indirect holdings of 504,066 shares through Paradis Family LLC and 233,000 shares held by his spouse, with beneficial ownership of the LLC-held shares disclaimed except to the extent of his pecuniary interest.

Insider Trade Summary

Tax Withholding: 7,110 shares

Tax Withholding 3 txns

Insider Paradis Paul

Role Director & President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.00001 per share F1	7,110	$118.00	$839K
holding	Common Stock, par value $0.00001 per share F2	--	--	--
holding	Common Stock, par value $0.00001 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.00001 per share — 390,108 shares (Direct); Common Stock, par value $0.00001 per share — 504,066 shares (Indirect, Paradis Family LLC); Common Stock, par value $0.00001 per share — 233,000 shares (Indirect, By spouse)

Footnotes (2)

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.
2. F2. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

Key Figures

Shares withheld for tax: 7,110 shares Withholding price per share: $118.00 per share Direct holdings after transaction: 390,108 shares +2 more

5 metrics

Shares withheld for tax 7,110 shares Forfeited on 2026-08-10 to satisfy withholding tax obligations on RSU vesting

Withholding price per share $118.00 per share Value used for the 7,110-share tax-withholding disposition

Direct holdings after transaction 390,108 shares Common stock directly held by Paul Paradis after the 2026-08-10 transaction

Indirect holdings via Paradis Family LLC 504,066 shares Indirect ownership with beneficial ownership disclaimed except for pecuniary interest

Indirect holdings by spouse 233,000 shares Common stock held indirectly through spouse as reported in the Form 4

Key Terms

restricted stock units, withholding tax obligations, beneficial ownership, pecuniary interest

4 terms

restricted stock units financial

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

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

"shares of common stock to satisfy withholding tax obligations"

beneficial ownership financial

"The reporting person disclaims beneficial ownership of these shares except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein"

FAQ

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

What did Sezzle (SEZL) director Paul Paradis report in this Form 4?

Paul Paradis reported a code F disposition of 7,110 Sezzle common shares on 2026-08-10, forfeited to cover tax withholding tied to vesting of previously awarded restricted stock units.

How many Sezzle (SEZL) shares were withheld for taxes from Paul Paradis?

Paradis had 7,110 shares of Sezzle common stock forfeited at $118 per share to satisfy withholding tax obligations arising from vesting restricted stock units.

What are Paul Paradis’s direct Sezzle (SEZL) holdings after this transaction?

Following the tax-withholding disposition, Paul Paradis directly holds 390,108 shares of Sezzle common stock as reported in the Form 4 for the 2026-08-10 transaction.

What indirect Sezzle (SEZL) ownership does Paul Paradis report?

Paradis reports indirect ownership of 504,066 shares held through Paradis Family LLC and 233,000 shares held by his spouse, with beneficial ownership of the LLC shares disclaimed except for his pecuniary interest.

Was the Sezzle (SEZL) Form 4 transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not checked, and no footnote states that the reported tax-withholding disposition occurred under a pre-arranged trading plan.

What does transaction code F mean in the Sezzle (SEZL) Form 4 for Paul Paradis?

Code F indicates shares were delivered or withheld for payment of tax liability. Here, 7,110 shares were forfeited to satisfy withholding taxes on vested restricted stock units.

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

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Available on EDGAR 08/12/2026 - 05:25 PM Accepted by SEC EDGAR 08/12/2026 - 05:24 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^*

Paradis Paul

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director & President

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)		7,110	D	$118	390,108	D
Common Stock, par value $0.00001 per share								504,066	I	Paradis Family LLC(2)
Common Stock, par value $0.00001 per share								233,000	I	By spouse

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.

2. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

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)