Sezzle President's Spouse Sells 3K Shares under 10b5-1 Plan

Rhea-AI Filing Summary

Sezzle (NASDAQ:SEZL) filed a routine Form 4 disclosing a small insider transaction. Director & President Paul Paradis’ spouse sold 3,000 shares on 06/24/2025 at $148.62 per share under a pre-arranged Rule 10b5-1 plan, totaling roughly $0.45 million. Following the sale, the Paradis household still beneficially owns about 1.3 million shares across direct, spousal and LLC holdings. No other material changes or new information were reported.

Insights

Insider Trading Analyst

Director & President's spouse sold 3,000 shares at $148.62 through a pre-planned 10b5-1 sale, maintaining substantial family holdings.

This Form 4 filing reveals that Paul Paradis, who serves as both Director and President of Sezzle Inc. (SEZL), reported that his spouse sold 3,000 shares of common stock on June 24, 2025, at a price of $148.62 per share. This transaction represents a relatively small proportion of the family's overall holdings in the company. The sale was executed under a Rule 10b5-1 trading plan that was established on December 2, 2024, approximately seven months prior to the transaction.

Following this transaction, Paradis's spouse still maintains 266,000 shares, while Paradis himself directly holds 528,382 shares. Additionally, the Paradis Family LLC controls another 504,066 shares, though the filing notes that Paradis disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

The total family holdings after this transaction remain substantial at 1,298,448 shares, indicating that this sale likely represents routine portfolio management rather than a significant reduction in their position. The implementation of a 10b5-1 plan suggests the transaction was part of a predetermined trading strategy, which typically helps insiders avoid accusations of trading based on material non-public information by establishing the trading parameters in advance.

Insider Trade Summary

Net Seller: 3,000 shares ($445,860)

Net Sell 3 txns

Insider Paradis Paul

Role Director & President

Sold 3,000 shs ($446K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.00001 per share	3,000	$148.62	$446K
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 — 266,000 shares (Indirect, By spouse); Common Stock, par value $0.00001 per share — 528,382 shares (Direct)

Footnotes (1)

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on December 2, 2024. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Paradis Paul

(Last) (First) (Middle)

700 NICOLLET MALL

SUITE 640

(Street)

MINNEAPOLIS MN 55402

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sezzle Inc. [ SEZL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director & President

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.00001 per share	06/24/2025		S(1)		3,000	D	$148.62	266,000	I	By spouse
Common Stock, par value $0.00001 per share								528,382	D
Common Stock, par value $0.00001 per share								504,066	I	Paradis Family LLC(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on December 2, 2024.

2. 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.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	06/26/2025
	** Signature of Reporting Person	Date
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.
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