Sezzle (SEZL) president Paul Paradis sells 18,977 shares under 10b5-1 plan
Rhea-AI Filing Summary
Sezzle Inc. director and president Paul Paradis reported selling a total of 18,977 shares of common stock on July 15–16, 2026 in eight open-market or private transactions at weighted average prices, with trade ranges from $190.00 to $194.67 per share, pursuant to a Rule 10b5-1 trading plan adopted on November 18, 2025. After these sales, he directly holds 397,218 shares, and also reports indirect holdings of 233,000 shares held by his spouse and 504,066 shares held by Paradis Family LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 18,977 shares ($3,625,560)
Net Sell
10 txns
Insider
Paradis Paul
Role
Director & President
Sold
18,977 shs ($3.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share | 7,232 | $190.2488 | $1.38M |
| Sale | Common Stock, par value $0.00001 per share | 900 | $191.2056 | $172K |
| Sale | Common Stock, par value $0.00001 per share | 500 | $192.185 | $96K |
| Sale | Common Stock, par value $0.00001 per share | 1,700 | $193.5194 | $329K |
| Sale | Common Stock, par value $0.00001 per share | 400 | $194.515 | $78K |
| Sale | Common Stock, par value $0.00001 per share | 5,283 | $190.3882 | $1.01M |
| Sale | Common Stock, par value $0.00001 per share | 2,362 | $191.8553 | $453K |
| Sale | Common Stock, par value $0.00001 per share | 600 | $192.885 | $116K |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 400,718 shares (Direct);
Common Stock, par value $0.00001 per share — 504,066 shares (Indirect, Paradis Family LLC)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025. The sales were effected in multiple transactions at prices ranging from $190.00 to $190.99, inclusive, on July 15, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $191.40 to $192.14, inclusive, on July 15, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $192.71 to $193.27, inclusive, on July 15, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $190.00 to $190.88, inclusive, on July 16, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $191.00 to $191.71, inclusive, on July 16, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $192.00 to $192.31, inclusive, on July 16, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $193.16 to $193.90, inclusive, on July 16, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The sales were effected in multiple transactions at prices ranging from $194.36 to $194.67, inclusive, on July 16, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold: 18,977 shares
Direct holdings after sales: 397,218 shares
Indirect holdings by spouse: 233,000 shares
+4 more
7 metrics
Shares sold
18,977 shares
Total Sezzle common shares sold by Paul Paradis on July 15–16, 2026
Direct holdings after sales
397,218 shares
Direct Sezzle common shares held by Paul Paradis following the last reported sale
Indirect holdings by spouse
233,000 shares
Indirect Sezzle common shares reported as held by Paul Paradis’s spouse as of July 15, 2026
Indirect holdings via LLC
504,066 shares
Indirect Sezzle common shares reported as held through Paradis Family LLC, subject to beneficial ownership disclaimer
Lowest sale range endpoint
$190.00 per share
Lowest price range endpoint for July 2026 Sezzle share sales reported in the footnotes
Highest sale range endpoint
$194.67 per share
Highest price range endpoint for July 2026 Sezzle share sales reported in the footnotes
10b5-1 plan adoption date
November 18, 2025
Date Paul Paradis adopted the Rule 10b5-1 trading plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these shares..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"...except to the extent of his pecuniary interest therein..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sezzle (SEZL) report for Paul Paradis?
Paul Paradis, Sezzle’s director and president, sold 18,977 shares of common stock on July 15–16, 2026. The sales occurred in multiple open-market or private trades at weighted average prices under a Rule 10b5-1 plan.
Were Paul Paradis’s Sezzle (SEZL) stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Paul Paradis on November 18, 2025, and the associated 10b5-1 checkbox is affirmed, indicating pre-arranged trading instructions.
What types of transactions are disclosed in Paul Paradis’s Sezzle (SEZL) insider report?
The report lists eight non-derivative sales of Sezzle common stock coded “S,” described as open-market or private transactions. It also includes two holding entries reflecting indirect ownership through Paradis’s spouse and Paradis Family LLC, with no derivative exercises or gifts reported.