Sezzle Inc. (SEZL) SVP Justin Krause forfeits 1,571 shares for taxes
Rhea-AI Filing Summary
Sezzle Inc. executive Justin Krause, SVP Finance and Controller, reported a Code F transaction involving company common stock. In connection with the vesting of previously awarded restricted stock units, 1,571 shares were forfeited at a reference price of $118.00 per share to satisfy withholding tax obligations, rather than sold in the open market. Following this tax-withholding disposition, Krause directly holds 70,841 shares of Sezzle Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,571 shares
Net Sell
1 txn
Insider
Krause Justin
Role
SVP FINANCE AND CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.00001 per share F1 | 1,571 | $118.00 | $185K |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 70,841 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares forfeited for tax withholding: 1,571 shares
Reference price per share: $118.00 per share
Shares held after transaction: 70,841 shares
+1 more
4 metrics
Shares forfeited for tax withholding
1,571 shares
Common stock delivered or withheld to satisfy withholding tax obligations on RSU vesting
Reference price per share
$118.00 per share
Price associated with the 1,571-share Code F tax-withholding disposition
Shares held after transaction
70,841 shares
Direct holdings of Justin Krause following the August 10, 2026 transaction
Code F share count
1,571 shares
Total shares involved in payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units, withholding tax obligations, Code F
3 terms
restricted stock units financial
"In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited"
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"
Code F financial
"reported a Code F transaction involving company common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sezzle Inc. (SEZL) report for Justin Krause?
Sezzle reported that executive Justin Krause had 1,571 shares of common stock forfeited in a Code F transaction to cover withholding tax obligations arising from vesting restricted stock units, rather than through an open-market sale.
Did Justin Krause sell Sezzle (SEZL) stock on the open market in this Form 4?
No, the Form 4 shows a Code F transaction where 1,571 shares were forfeited to meet withholding tax obligations on vested restricted stock units, not an open-market purchase or sale.
What are Justin Krause’s Sezzle (SEZL) holdings after the reported transaction?
After the tax-withholding disposition of 1,571 shares, Justin Krause directly holds 70,841 shares of Sezzle Inc. common stock, as reported in the Form 4 filing for the August 10, 2026 transaction.
What does a Code F transaction mean in the Sezzle (SEZL) Form 4 for Justin Krause?
The Code F entry indicates shares were delivered or withheld to pay a tax liability. Here, 1,571 shares of Sezzle common stock were forfeited to cover withholding taxes on the vesting of restricted stock units.