Sezzle CEO forfeits shares for RSU tax withholding

Sezzle Inc. Executive Chairman and CEO Charles Youakim reported a code F transaction involving 6,978 shares of common stock on 2026-08-10.

Rhea-AI Filing Summary

Sezzle Inc. Executive Chairman and CEO Charles Youakim reported a code F transaction involving 6,978 shares of common stock on 2026-08-10. These shares were forfeited to satisfy withholding tax obligations upon the vesting of previously awarded restricted stock units, at a reference price of $118.00 per share. Following this tax-withholding disposition, he held 12,346,326 shares of common stock directly.

In addition to direct holdings, Youakim is reported as having indirect ownership of 947,370 shares through Cerro Gordo LLC and 1,508,454 shares held by the Charles G. Youakim 2020 Irrevocable GST Trust, over which he may be deemed to have voting and dispositive power.

Insider Trade Summary

Tax Withholding: 6,978 shares

Tax Withholding 3 txns

Insider Youakim Charles

Role Executive Chairman and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.00001 per share F1	6,978	$118.00	$823K
holding	Common Stock, par value $0.00001 per share	--	--	--
holding	Common Stock, par value $0.00001 per share F2	--	--	--

Holdings After Transaction: Common Stock, par value $0.00001 per share — 12,346,326 shares (Direct); Common Stock, par value $0.00001 per share — 947,370 shares (Indirect, Cerro Gordo LLC); Common Stock, par value $0.00001 per share — 1,508,454 shares (Indirect, By Charles G. Youakim 2020 Irrevocable GST Trust)

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 may be deemed to have voting and dispositive power over these securities.

Key Figures

Shares forfeited for tax withholding: 6,978 shares Reference price per share: $118.00 per share Direct holdings after transaction: 12,346,326 shares +3 more

6 metrics

Shares forfeited for tax withholding 6,978 shares Code F disposition on 2026-08-10 to satisfy withholding tax obligations on vested RSUs

Reference price per share $118.00 per share Price associated with the 6,978 shares forfeited for RSU-related tax withholding

Direct holdings after transaction 12,346,326 shares Direct Sezzle common stock held by Charles Youakim following the code F disposition

Indirect holdings via Cerro Gordo LLC 947,370 shares Indirect ownership of Sezzle common stock reported through Cerro Gordo LLC

Indirect holdings via GST Trust 1,508,454 shares Shares held by the Charles G. Youakim 2020 Irrevocable GST Trust with deemed voting and dispositive power

Exercise price or tax liability transactions 1 transaction, 6,978 shares Summary of code F activity related to tax-liability payment using Sezzle common stock

Key Terms

restricted stock units, withholding tax obligations, voting and dispositive power, indirect ownership, +1 more

5 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

"forfeited these shares of common stock to satisfy withholding tax obligations"

voting and dispositive power financial

"The reporting person may be deemed to have voting and dispositive power over these securities"

indirect ownership financial

"total_shares_following_transaction 947370.0000, direct_or_indirect I, nature_of_ownership Cerro Gordo LLC"

code F transaction financial

"transaction_code F, transaction_action tax-withholding disposition, transaction_code_description Payment of tax liability"

FAQ

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

What transaction did Sezzle Inc. (SEZL) CEO Charles Youakim report on August 10, 2026?

Charles Youakim reported a code F transaction on 2026-08-10 involving 6,978 shares of Sezzle Inc. common stock. The shares were forfeited to cover withholding tax obligations tied to vesting restricted stock units at $118.00 per share.

Did the Sezzle (SEZL) Form 4 reflect an open-market sale by Charles Youakim?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 6,978 shares were withheld or forfeited to satisfy tax liabilities triggered by RSU vesting, using a reference price of $118.00 per share.

How many Sezzle (SEZL) shares does Charles Youakim hold directly after this Form 4 event?

After the reported tax-withholding disposition, Charles Youakim directly held 12,346,326 shares of Sezzle common stock. This figure reflects his direct ownership following the forfeiture of 6,978 shares for RSU-related tax obligations.

What indirect Sezzle (SEZL) shareholdings are associated with Charles Youakim?

The filing lists 947,370 shares indirectly held through Cerro Gordo LLC and 1,508,454 shares held by the Charles G. Youakim 2020 Irrevocable GST Trust. He may be deemed to have voting and dispositive power over the trust-held shares.

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

Code F indicates shares were delivered or withheld for payment of tax liability or exercise price. Here, a footnote specifies the 6,978 shares were forfeited solely to satisfy withholding tax obligations from RSU vesting.

Was a Rule 10b5-1 trading plan involved in this Sezzle (SEZL) Form 4 transaction?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed. There is no footnote stating the transaction was executed under a pre-arranged trading plan, and the disposition relates to RSU tax withholding.

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

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Available on EDGAR 08/12/2026 - 05:26 PM Accepted by SEC EDGAR 08/12/2026 - 05:26 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^*

Youakim Charles

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman and CEO

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)		6,978	D	$118	12,346,326	D
Common Stock, par value $0.00001 per share								947,370	I	Cerro Gordo LLC
Common Stock, par value $0.00001 per share								1,508,454	I	By Charles G. Youakim 2020 Irrevocable GST Trust(2)

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 may be deemed to have voting and dispositive power over these securities.

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)