Sezzle Inc. (SEZL) grants 3,500 restricted stock units to general counsel

Rhea-AI Filing Summary

Sezzle Inc. reported that its General Counsel, Rajeev Khurana, received an equity award tied to common stock. The filing shows an acquisition of 3,500 shares of common stock at a stated price of $0.0000 per share, recorded as a grant or award. A related footnote explains that this reflects an award of restricted stock units that vest over four years, with 25% vesting on the one-year anniversary of the vesting commencement date and the remaining units vesting in equal quarterly installments thereafter. Following this award, Khurana is shown as directly holding 3,500 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Khurana Rajeev

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.00001 per share	3,500	$0.00	--

Holdings After Transaction: Common Stock, par value $0.00001 per share — 3,500 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU award size: 3,500 shares Stated transaction price: $0.0000 per share Post-transaction holdings: 3,500 shares +2 more

5 metrics

RSU award size 3,500 shares Common stock underlying restricted stock unit award to General Counsel

Stated transaction price $0.0000 per share Recorded price for the 3,500-share grant/award transaction

Post-transaction holdings 3,500 shares Total common shares shown as directly held after the award

Initial vesting portion 25% Portion of RSUs vesting on the one-year anniversary of commencement

Vesting period 4 years Restricted stock units vest over four years in total

Key Terms

restricted stock units, vesting commencement date, transaction code "A", par value

4 terms

restricted stock units financial

"Reflecting an award of restricted stock units that vest over four years."

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.

vesting commencement date financial

"25% vest on the one-year anniversary of the vesting commencement date, and the remainder vest"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

transaction code "A" financial

"transaction_code": "A", "transaction_code_description": "Grant, award, or other acquisition""

par value financial

"Common Stock, par value $0.00001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Khurana Rajeev

(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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2026

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	06/20/2026		A		3,500(1)	A	$0	3,500	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. Reflecting an award of restricted stock units that vest over four years. 25% vest on the one-year anniversary of the vesting commencement date, and the remainder vest in equal quarterly installments thereafter.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	06/23/2026
	** 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)

FAQ

What insider transaction did Sezzle (SEZL) report for Rajeev Khurana?

Sezzle reported that General Counsel Rajeev Khurana received an equity award linked to 3,500 shares of common stock. The award is recorded as a grant or other acquisition, not an open-market purchase or sale, and represents his reported direct holdings after the transaction.

How many Sezzle (SEZL) shares were granted to the General Counsel?

The filing shows an acquisition of 3,500 shares of Sezzle common stock for Rajeev Khurana. This amount comes from an award of restricted stock units and represents his total direct holdings following the reported grant, according to the Form 4 data.

What is the vesting schedule for Rajeev Khurana’s Sezzle restricted stock units?

The restricted stock units vest over four years. According to the footnote, 25% of the units vest on the one-year anniversary of the vesting commencement date, with the remaining 75% vesting in equal quarterly installments after that initial one-year mark.

Was the Sezzle (SEZL) insider transaction a market purchase or sale?

No, the transaction is categorized as a grant, award, or other acquisition, not a market trade. The Form 4 identifies transaction code “A” and a price of $0.0000 per share, indicating a compensation-related equity award rather than an open-market purchase or sale.

What role does Rajeev Khurana hold at Sezzle (SEZL) in this Form 4?

Rajeev Khurana is identified as an officer of Sezzle, serving as General Counsel. The reported transaction records his receipt of an equity award connected to 3,500 shares of common stock, which is a form of compensation tied to his executive role at the company.