STOCK TITAN

Tax-withholding share sale by Sezzle (SEZL) general counsel disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sezzle Inc. reported that its General Counsel and Secretary, Kerissa Hollis, executed open-market sales of company common stock on March 3, 2026 to cover tax withholding tied to restricted stock unit vesting.

The Form 4 shows three non-derivative transactions totaling 233 shares of common stock, with reported weighted average prices of $70.9282, $71.4104, and $73.3792 per share. These sales were described as "sell to cover" transactions for tax obligations and not discretionary trades by the reporting person. After these sales, Hollis directly held 12,837 shares of Sezzle common stock.

Positive

  • None.

Negative

  • None.
Insider Hollis Kerissa
Role General Counsel and Secretary
Sold 233 shs ($17K)
Type Security Shares Price Value
Sale Common Stock, par value $0.00001 per share 169 $70.9282 $12K
Sale Common Stock, par value $0.00001 per share 26 $71.4104 $2K
Sale Common Stock, par value $0.00001 per share 38 $73.3792 $3K
Holdings After Transaction: Common Stock, par value $0.00001 per share — 12,901 shares (Direct)
Footnotes (1)
  1. The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. The sales were effected in multiple transactions at prices ranging from $70.02 to $71.00, inclusive, on March 3, 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 $71.09 to $71.98, inclusive, on March 3, 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 $72.60 to $73.55, inclusive, on March 3, 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.
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).
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*
Hollis Kerissa

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 S(1) 169 D $70.9282(2) 12,901 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 26 D $71.4104(3) 12,875 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 38 D $73.3792(4) 12,837 D
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. The sales reported in this line item represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. The sales were effected in multiple transactions at prices ranging from $70.02 to $71.00, inclusive, on March 3, 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.
3. The sales were effected in multiple transactions at prices ranging from $71.09 to $71.98, inclusive, on March 3, 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.
4. The sales were effected in multiple transactions at prices ranging from $72.60 to $73.55, inclusive, on March 3, 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.
Remarks:
/s/ Brady Duane Kafka, as Attorney-in-Fact 03/05/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Sezzle (SEZL) disclose for Kerissa Hollis?

Sezzle reported that General Counsel and Secretary Kerissa Hollis sold 233 shares of common stock on March 3, 2026. The Form 4 states these open-market sales were solely to cover tax withholding from vesting restricted stock units through a predetermined sell-to-cover arrangement.

How many Sezzle (SEZL) shares did Kerissa Hollis sell and at what prices?

Kerissa Hollis sold 233 Sezzle common shares in three transactions at weighted average prices of $70.9282, $71.4104, and $73.3792 per share. Footnotes explain each sale occurred in multiple trades within specified price ranges on March 3, 2026.

Why were Kerissa Hollis’s Sezzle (SEZL) shares sold according to the Form 4?

The filing states Hollis’s sales were made to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units. The transactions are described as sell-to-cover tax sales and explicitly noted as not being discretionary trades by the reporting person.

How many Sezzle (SEZL) shares does Kerissa Hollis hold after the reported sales?

After the March 3, 2026 transactions, the Form 4 reports that Kerissa Hollis directly holds 12,837 shares of Sezzle common stock. This post-transaction ownership figure is shown in the column listing total shares beneficially owned following the final sale.

What type of security was involved in the Sezzle (SEZL) insider transactions?

All reported transactions involve Sezzle Inc. common stock with a par value of $0.00001 per share. The Form 4 identifies these as non-derivative securities, meaning they are actual common shares rather than options, warrants, or other derivative instruments.

Were Kerissa Hollis’s Sezzle (SEZL) share sales direct or indirect ownership transactions?

The Form 4 classifies each transaction as directly owned, using the ownership code “D” and labeling the ownership type as direct. No footnotes indicate any trust, partnership, or other entity holding the shares on Hollis’s behalf in these specific transactions.