Director Stephen F. East receives 725-share grant at Sezzle (SEZL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
East Stephen F. reported acquisition or exercise transactions in this Form 4 filing.
Sezzle Inc. director Stephen F. East received an award of 725 shares in the form of restricted stock units at a price of $0.0000 per share, which vest on the one-year anniversary of the vesting commencement date. Following this grant, he holds 4,329 shares directly, plus 1,800 shares held in an IRA and 5,400 shares held in a joint account with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
East Stephen F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.00001 per share | 725 | $0.00 | -- |
| 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 — 4,329 shares (Direct, null);
Common Stock, par value $0.00001 per share — 5,400 shares (Indirect, All shares held in a joint account with spouse.)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 725 shares
Grant price: $0.0000 per share
Direct holdings after grant: 4,329 shares
+2 more
5 metrics
RSU grant size
725 shares
Restricted stock unit award to director Stephen F. East
Grant price
$0.0000 per share
Price per share for RSU award
Direct holdings after grant
4,329 shares
Common stock directly held after reported transactions
IRA indirect holdings
1,800 shares
Common stock held indirectly in an IRA
Joint account holdings
5,400 shares
Common stock held indirectly in joint account with spouse
Key Terms
restricted stock units, IRA, joint account, indirect ownership, +1 more
5 terms
restricted stock units financial
"Reflecting an award of restricted stock units that vest on the one-year anniversary"
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.
IRA financial
"nature_of_ownership": "IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
joint account financial
"All shares held in a joint account with spouse."
indirect ownership financial
"ownership_type": "indirect""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Sezzle Inc. (SEZL) report for Stephen F. East?
Sezzle reported that director Stephen F. East received an award of 725 shares as restricted stock units at a price of $0.0000 per share. This is a compensation-related grant rather than an open-market purchase or sale of Sezzle stock.
What are the terms of Stephen F. East’s restricted stock unit award at Sezzle (SEZL)?
The Form 4 footnote states the 725-share award is in restricted stock units that vest on the one-year anniversary of the vesting commencement date. The transaction price is shown as $0.0000 per share, reflecting a compensation grant rather than a cash purchase.
Does the Sezzle (SEZL) Form 4 show Stephen F. East buying or selling stock on the market?
The filing does not show any open-market buys or sells by Stephen F. East. It reports a grant of 725 restricted stock units and two holding entries for existing indirect positions in an IRA and a joint account with his spouse.
How are Stephen F. East’s indirect Sezzle (SEZL) holdings structured in this Form 4?
The Form 4 lists 1,800 Sezzle shares held indirectly through an IRA and 5,400 shares held indirectly in a joint account with his spouse. These entries are classified as indirect ownership and are separate from his 4,329 directly held shares.