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Sezzle (SEZL) SVP Justin Krause forfeits 1,269 shares for tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sezzle Inc. senior vice president of finance and controller Justin Krause reported routine share forfeitures tied to equity compensation. On two dates, he surrendered a total of 1,269 shares of common stock to cover withholding taxes due on vesting of previously awarded restricted stock units. These transactions were coded as tax-withholding dispositions rather than open-market sales. After these entries, he directly held 79,457 shares of Sezzle common stock.

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Insider Krause Justin
Role SVP FINANCE AND CONTROLLER
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.00001 per share 754 $63.76 $48K
Tax Withholding Common Stock, par value $0.00001 per share 515 $63.70 $33K
Holdings After Transaction: Common Stock, par value $0.00001 per share — 79,457 shares (Direct)
Footnotes (1)
  1. [object Object]
Tax-withholding shares total 1,269 shares Total shares forfeited for tax withholding across both transactions
First tax-withholding block 754 shares at $63.76 Disposal on 2026-04-02 to satisfy tax obligations
Second tax-withholding block 515 shares at $63.70 Disposal on 2026-04-01 to satisfy tax obligations
Direct holdings after latest transaction 79,457 shares Direct Sezzle common stock held after 2026-04-02 entry
Direct holdings after earlier transaction 80,211 shares Direct Sezzle common stock held after 2026-04-01 entry
Tax-withholding transaction count 2 transactions Both coded F, tax-withholding dispositions on consecutive dates
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.
Common Stock, par value $0.00001 per share financial
"security_title": "Common Stock, par value $0.00001 per share""
SEC Form 4
FORM 4UNITED 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*
Krause Justin

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP FINANCE AND CONTROLLER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.00001 per share04/01/2026F(1)515D$63.780,211D
Common Stock, par value $0.00001 per share04/02/2026F(1)754D$63.7679,457D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Sezzle (SEZL) executive Justin Krause report?

Justin Krause reported forfeiting Sezzle common shares to cover taxes on vested restricted stock units. The Form 4 shows tax-withholding dispositions, not open-market trades, reflecting routine equity compensation processing rather than discretionary buying or selling activity in the company’s stock.

How many Sezzle (SEZL) shares were forfeited for tax withholding?

Krause forfeited 1,269 Sezzle common shares in total for tax withholding. The filing lists 754 shares on one date and 515 shares on another, both classified as tax-withholding dispositions related to the vesting of previously granted restricted stock units.

At what prices were the Sezzle (SEZL) tax-withholding shares valued?

The tax-withholding shares were valued at $63.76 and $63.70 per share. These per-share values are used for calculating the tax obligation on the vested restricted stock units, rather than representing prices from discretionary market purchases or sales by the executive.

How many Sezzle (SEZL) shares does Justin Krause hold after these transactions?

Following the reported tax-withholding dispositions, Krause holds 79,457 Sezzle common shares directly. This post-transaction balance indicates he retains a substantial equity stake, and the reported forfeitures represent only a small portion of his overall holdings in the company.

What does the Form 4 tax-withholding disposition mean for Sezzle (SEZL) investors?

The tax-withholding dispositions reflect shares surrendered to satisfy tax obligations on vested restricted stock units. They are not open-market sales and usually signal routine administration of equity compensation programs, rather than a change in the insider’s view of Sezzle’s prospects or valuation.
Sezzle Inc.

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