Sezzle (SEZL) director receives 725-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brehm Kyle M. reported acquisition or exercise transactions in this Form 4 filing.
Sezzle Inc. director Kyle M. Brehm received an equity award of 725 shares of Common Stock. The shares were granted at a price of $0.0000 per share as a stock award rather than a market purchase. Following this grant, he directly holds 24,853 shares of Sezzle common stock.
According to the footnote, this is a restricted stock award that will vest on the one-year anniversary of its vesting commencement date, so the shares are subject to vesting conditions rather than being fully unrestricted immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brehm Kyle M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.00001 per share | 725 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 24,853 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 725 shares
Grant price: $0.0000 per share
Shares after transaction: 24,853 shares
+1 more
4 metrics
Restricted stock award
725 shares
Grant of Common Stock to director Kyle M. Brehm
Grant price
$0.0000 per share
Price for the 725-share stock award
Shares after transaction
24,853 shares
Total Common Stock directly held by Brehm after grant
Par value
$0.00001 per share
Par value of Sezzle Common Stock
Key Terms
restricted stock award, vests, Common Stock, par value $0.00001 per share, Grant, award, or other acquisition
4 terms
restricted stock award financial
"Reflecting a restricted stock award that vests on the one-year anniversary"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vests financial
"award that vests on the one-year anniversary of the vesting commencement date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Sezzle (SEZL) report for Kyle M. Brehm?
Sezzle reported that director Kyle M. Brehm received a grant of 725 shares of Common Stock. The shares were awarded at $0.0000 per share as an equity grant, not an open-market purchase, increasing his direct holdings to 24,853 shares.
Was the Sezzle (SEZL) insider award to Kyle M. Brehm a stock purchase?
No, the transaction was coded as a grant or award acquisition, not a purchase. Brehm received 725 shares of Common Stock at a stated price of $0.0000 per share, indicating an equity compensation grant rather than buying shares on the open market.
What are the vesting terms of Kyle M. Brehm’s Sezzle restricted stock award?
The filing notes that the 725-share award is a restricted stock grant. It vests on the one-year anniversary of the vesting commencement date, meaning Brehm must satisfy the vesting period before the shares become fully unrestricted.
Does the Sezzle Form 4 show any stock sales by Kyle M. Brehm?
The Form 4 data show only an acquisition via grant, with no sale transactions reported. The single transaction is an award of 725 shares of Common Stock, increasing his direct holdings to 24,853 shares and involving no open-market selling activity.