STOCK TITAN

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

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

Rhea-AI Filing Summary

Sezzle Inc. executive Justin Krause, SVP Finance and Controller, reported a small tax-related share disposition. In connection with the vesting of previously granted restricted stock units, 45 shares of common stock were forfeited at a value of $163.28 per share to cover withholding taxes. After this non-market, tax-withholding event, Krause directly holds 72,412 shares of Sezzle common stock, so the forfeited amount represents a minor adjustment to his overall equity position.

Positive

  • None.

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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 45 $163.28 $7K
Holdings After Transaction: Common Stock, par value $0.00001 per share — 72,412 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares forfeited for tax withholding 45 shares Tax-withholding disposition on restricted stock unit vesting
Implied value per forfeited share $163.28 per share Value used in 45-share tax-withholding disposition
Shares held after transaction 72,412 shares Direct ownership by Justin Krause following Form 4 event
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.
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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)
06/20/2026
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 share06/20/2026F(1)45D$163.2872,412D
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-Fact06/23/2026
** 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) report for Justin Krause?

Sezzle reported a tax-related share forfeiture by Justin Krause. He forfeited 45 common shares in connection with restricted stock unit vesting to satisfy withholding tax obligations, a routine administrative step rather than an open-market sale or purchase.

Was the Sezzle (SEZL) Form 4 for Justin Krause an open-market sale?

No, the Form 4 does not show an open-market sale. The 45 shares were forfeited to cover tax withholding on vested restricted stock units, recorded with transaction code F, indicating payment of tax liability by delivering securities.

How many Sezzle (SEZL) shares does Justin Krause hold after this Form 4?

After the transaction, Justin Krause holds 72,412 Sezzle shares. The filing shows this direct ownership figure following the 45-share tax-withholding disposition, indicating the transaction was small relative to his remaining position.

What does transaction code F mean in the Sezzle (SEZL) Form 4 filing?

Transaction code F indicates shares used to pay tax or exercise costs. In this case, 45 shares were delivered to satisfy withholding tax obligations tied to vesting restricted stock units, not as part of a discretionary market trade.

Is the Justin Krause Sezzle (SEZL) Form 4 a strong signal about insider sentiment?

This Form 4 mainly reflects a routine tax-withholding event. The 45-share forfeiture is small versus his 72,412-share holding and arises from RSU vesting administration, so it carries limited information about his view of Sezzle’s future performance.