Sezzle COO forfeits 342 shares for withholding taxes
The COO's forfeiture satisfied withholding tax obligations in connection with vesting previously awarded restricted stock units.
Rhea-AI Filing Summary
Sezzle Inc. Chief Operating Officer Sabzivand Amin forfeited 342 common shares on September 21, 2026, to satisfy withholding tax obligations connected with vesting previously awarded restricted stock units. The transaction lists a price of $116.55 per share; Amin’s reported direct holdings afterward were 252,465 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 342 shares
Tax Withholding
1 txn
Insider
Sabzivand Amin
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.00001 per share F1 | 342 | $116.55 | $40K |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 252,465 shares (Direct)
Footnotes (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.
Key Figures
Shares forfeited for withholding taxes: 342 shares
Reported price per share: $116.55 per share
Direct shares held after transaction: 252,465 shares
3 metrics
Shares forfeited for withholding taxes
342 shares
September 21, 2026; connected with restricted stock unit vesting
Reported price per share
$116.55 per share
Transaction reported September 21, 2026
Direct shares held after transaction
252,465 shares
Following the September 21, 2026 transaction
Key Terms
restricted stock units, withholding tax obligations, par value
3 terms
restricted stock units financial
"vesting of previously awarded restricted stock units"
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
"to satisfy withholding tax obligations"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was SEZL's COO's transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.