STOCK TITAN

Sezzle (SEZL) COO forfeits 6,976 shares to cover RSU tax withholding

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

Rhea-AI Filing Summary

Sezzle Inc. Chief Operating Officer Sabzivand Amin reported a routine tax-related share disposition. In connection with the vesting of previously awarded restricted stock units, he forfeited 6,976 shares of common stock at a value of $63.70 per share to cover withholding tax obligations. After this non-market transaction, he continues to directly own 215,122 shares of Sezzle common stock.

Positive

  • None.

Negative

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Insider Sabzivand Amin
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.00001 per share 6,976 $63.70 $444K
Holdings After Transaction: Common Stock, par value $0.00001 per share — 215,122 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares forfeited for tax withholding 6,976 shares Tax-withholding disposition on RSU vesting
Per-share value of forfeited shares $63.70 per share Value used in tax-withholding disposition
Shares held after transaction 215,122 shares Direct ownership following Form 4 transaction
restricted stock units financial
"In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
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)6,976D$63.7215,122D
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) COO Sabzivand Amin report?

Sezzle COO Sabzivand Amin reported a tax-withholding disposition of 6,976 common shares. These shares were forfeited to satisfy tax obligations arising from the vesting of previously awarded restricted stock units, rather than sold in the open market.

How many Sezzle (SEZL) shares were involved in the COO’s Form 4 filing?

The Form 4 shows that 6,976 Sezzle common shares were forfeited. This occurred when restricted stock units vested and shares were surrendered to meet withholding tax requirements, as described in the filing’s footnote.

At what value were the Sezzle (SEZL) shares withheld for taxes?

The 6,976 forfeited shares were valued at $63.70 per share. This price is used in the Form 4 to reflect the value of shares surrendered to cover withholding tax obligations upon restricted stock unit vesting.

How many Sezzle (SEZL) shares does the COO hold after this transaction?

After the tax-withholding disposition, Sabzivand Amin directly holds 215,122 shares of Sezzle common stock. This figure reflects his direct ownership following the forfeiture of shares to satisfy tax obligations tied to RSU vesting.

Was the Sezzle (SEZL) COO’s Form 4 transaction an open-market sale?

No. The filing describes the event as a tax-withholding disposition, where shares were forfeited to cover withholding tax obligations on vested restricted stock units. It does not represent an open-market sale initiated for investment purposes.