Sezzle (SEZL) CFO Sells 5,484 Shares on 10/06/2025 in 10b5-1 Plan

Karen Hartje, Chief Financial Officer of Sezzle Inc. (SEZL), reported insider sales executed under a Rule 10b5-1 trading plan adopted on 9/20/2024.

Rhea-AI Filing Summary

Karen Hartje, Chief Financial Officer of Sezzle Inc. (SEZL), reported insider sales executed under a Rule 10b5-1 trading plan adopted on 9/20/2024. On 10/06/2025 she sold a total of 5,484 shares in multiple transactions at weighted average prices of $84.3229, $85.3697, $86.4608, and $87.3891. Following these disposals her beneficial ownership is reported as 116,053 shares.

The filing is a Form 4 disclosure of routine, pre-planned sales rather than ad hoc disposals, and it lists the sales were effected pursuant to the 10b5-1 plan. The filing is signed by an attorney-in-fact and provides price ranges and weighted averages for transparency.

Positive

• Sales executed under a Rule 10b5-1 plan, indicating pre-planned transactions adopted on 9/20/2024
• Full disclosure of weighted average prices and ranges for multiple transactions on 10/06/2025
• Reporting person retains substantial ownership at 116,053 shares after the sales

Negative

• None.

Insights

Corporate Governance Expert

Rule 10b5-1 plan sales show pre-planned, compliant insider activity.

These sales were executed under a Rule 10b5-1 trading plan adopted on 9/20/2024, which provides an affirmative defense against insider trading claims when properly structured.

The transactions total 5,484 shares on 10/06/2025 at weighted average prices between $84.3229 and $87.3891. Monitor filings for any amendments or additional plan details within 30 days if requested; the continued beneficial ownership of 116,053 shares maintains significant insider alignment.

Insider Trade Summary

Net Seller: 5,484 shares

Net Sell 4 txns

Insider Hartje Karen

Role Chief Financial Officer

Sold 5,484 shs ($466K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.00001 per share	3,591	$84.3229	$303K
Sale	Common Stock, par value $0.00001 per share	651	$85.3697	$56K
Sale	Common Stock, par value $0.00001 per share	830	$86.4608	$72K
Sale	Common Stock, par value $0.00001 per share	412	$87.3891	$36K

Holdings After Transaction: Common Stock, par value $0.00001 per share — 116,053 shares (Direct)

Footnotes (5)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2024.
2. F2. The sales were effected in multiple transactions at prices ranging from $83.99 to $84.97, inclusive, on October 6, 2025. 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. F3. The sales were effected in multiple transactions at prices ranging from $85.00 to $85.67, inclusive, on October 6, 2025. 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. F4. The sales were effected in multiple transactions at prices ranging from $86.05 to $86.99, inclusive, on October 6, 2025. 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.
5. F5. The sales were effected in multiple transactions at prices ranging from $87.11 to $87.50, inclusive, on October 6, 2025. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sezzle (SEZL) CFO Karen Hartje disclose on Form 4?

She disclosed sales of 5,484 shares executed on 10/06/2025 under a Rule 10b5-1 trading plan, with reported weighted average prices between $84.3229 and $87.3891.

Were Karen Hartje's sales planned under a trading plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on 9/20/2024.

How many shares does the reporting person own after the transactions?

The filing reports 116,053 shares beneficially owned following the reported transactions.

What price information is provided for the sales?

The filing reports weighted average prices of $84.3229, $85.3697, $86.4608, and $87.3891, with disclosed price ranges for each group of trades.

Who signed the Form 4 filing?

The filing is signed on behalf of the reporting person by an attorney-in-fact, Brady Duane Kafka, with a signature date of 10/08/2025.

Does the Form 4 show any derivative transactions?

No. Table II for derivative securities shows no reported derivative acquisitions or dispositions in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 10/08/2025 - 04:34 PM Learn about SEC filing dates

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^*

Hartje Karen

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

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	10/06/2025		S(1)		3,591	D	$84.3229(2)	117,946	D
Common Stock, par value $0.00001 per share	10/06/2025		S(1)		651	D	$85.3697(3)	117,295	D
Common Stock, par value $0.00001 per share	10/06/2025		S(1)		830	D	$86.4608(4)	116,465	D
Common Stock, par value $0.00001 per share	10/06/2025		S(1)		412	D	$87.3891(5)	116,053	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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2024.

2. The sales were effected in multiple transactions at prices ranging from $83.99 to $84.97, inclusive, on October 6, 2025. 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 $85.00 to $85.67, inclusive, on October 6, 2025. 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 $86.05 to $86.99, inclusive, on October 6, 2025. 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.

5. The sales were effected in multiple transactions at prices ranging from $87.11 to $87.50, inclusive, on October 6, 2025. 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	10/08/2025
	** 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.