[Form 4] Sezzle Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sezzle Inc. insider filing (Form 4) — Justin Krause, SVP Finance and Controller, reported a transaction dated 09/30/2025. The filing discloses the forfeiture of 1,269 shares of common stock upon vesting of previously awarded restricted stock units to satisfy withholding tax obligations at an implied price of $84.19 per share. After the withholding, Mr. Krause beneficially owned 83,878 shares. The form was signed by an attorney-in-fact on behalf of the reporting person. The filing contains no derivative transactions and provides an explanation that the shares were forfeited solely to satisfy tax withholding.

Positive

• Timely and complete disclosure of the withholding transaction on Form 4, including share counts and price.
• Clear explanation that the shares were forfeited solely to satisfy tax withholding on vested RSUs.

Negative

• Reduction in beneficial ownership of 1,269 shares (withheld) decreasing reported holdings to 83,878 shares.

Insights

Securities Compliance Analyst

TL;DR: Routine insider disclosure showing tax-withholding forfeiture of vested RSUs; no open-market sale or derivative activity reported.

This Form 4 records a common, administrative transaction: the withholding of vested restricted stock units to cover tax obligations. The filing identifies the exact share count withheld (1,269) and the withholding price ($84.19), and it updates the reporting persons beneficial ownership to 83,878 shares. From a compliance standpoint, the report is timely and complete for the disclosed non-derivative event. There is no indication of market-facing sales or other dispositions that would signal cashing out or a change in control.

Corporate Governance Specialist

TL;DR: Administrative RSU withholding disclosed; immaterial to ownership structure based on reported numbers.

The transaction is described as a forfeiture of shares to satisfy withholding taxes tied to RSU vesting, which is standard compensation administration. The filing shows a modest reduction in beneficial holdings but does not report any derivative positions or additional compensation grants. For investors monitoring insider activity, this entry should be interpreted as routine payroll tax handling rather than an intentional disposition for liquidity or signaling.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Krause Justin

(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)
	SVP FINANCE AND CONTROLLER

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		F(1)		1,269	D	$84.19	83,878	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. 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.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	09/30/2025
	** 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.
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 transaction did Justin Krause report on Form 4 for SEZL?

The filing reports the forfeiture of 1,269 common shares on 09/30/2025 to satisfy withholding taxes on vested restricted stock units.

How many Sezzle (SEZL) shares does the reporting person own after the transaction?

The reporting person beneficially owned 83,878 shares following the reported transaction.

Was this Form 4 related to an open-market sale for Justin Krause (SEZL)?

No. The Form 4 indicates the shares were forfeited to satisfy tax withholding on RSU vesting, not sold on the open market.

What price was used for the withheld shares in the SEZL Form 4?

The filing lists a price of $84.19 per share for the 1,269 withheld shares.

Are there any derivative transactions reported in this Form 4 for SEZL?

No derivative securities are reported; the filing contains only the non-derivative withholding transaction.