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Sezzle (SEZL) COO offloads 5,118 shares to cover RSU tax withholding

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

Rhea-AI Filing Summary

Sezzle Inc. reported that Chief Operating Officer Amin Sabzivand sold a total of 5,118 shares of common stock on March 3, 2026 in three open-market transactions. These sales were made to cover tax withholding obligations arising from the vesting and settlement of restricted stock units and, according to the disclosure, did not represent discretionary transactions by the executive.

The weighted average sale prices were $70.9292, $71.4119, and $73.3794 per share, with the underlying trades executed within disclosed price ranges. Following these transactions, Sabzivand directly held 223,465 shares of Sezzle common stock.

Positive

  • None.

Negative

  • None.
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*
Sabzivand Amin

(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 Operating Officer
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) 3,710 D $70.9292(2) 224,873 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 576 D $71.4119(3) 224,297 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 832 D $73.3794(4) 223,465 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 $72.00, 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.
4. The sales were effected in multiple transactions at prices ranging from $72.60 to $73.56, 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) COO Amin Sabzivand report?

Amin Sabzivand reported selling 5,118 Sezzle common shares on March 3, 2026. The shares were sold in three open-market transactions to cover tax withholding obligations tied to restricted stock unit vesting and settlement, rather than as discretionary sales in the open market.

Why did Sezzle (SEZL) COO Amin Sabzivand sell 5,118 shares?

The sales were made to cover tax withholding obligations from vesting and settlement of restricted stock units. The filing states these were “sell to cover” transactions, meaning shares were automatically sold to satisfy taxes, and they did not represent discretionary trading decisions by the executive.

At what prices did Sezzle (SEZL) COO Amin Sabzivand’s Form 4 sales occur?

The reported weighted average prices were $70.9292, $71.4119, and $73.3794 per share. Footnotes explain that actual trades occurred in multiple transactions within price ranges from $70.02 to $73.56 on March 3, 2026, with detailed breakdowns available upon request.

How many Sezzle (SEZL) shares does Amin Sabzivand hold after the reported sales?

After the March 3, 2026 transactions, Amin Sabzivand directly held 223,465 shares of Sezzle common stock. The Form 4 lists this direct ownership figure following the final open-market sale used to satisfy tax withholding related to restricted stock unit vesting.

Were Amin Sabzivand’s Sezzle (SEZL) stock sales discretionary trades?

No. The filing states the shares were sold to cover tax withholding obligations through a “sell to cover” arrangement. It explicitly notes that these transactions were undertaken to satisfy taxes on restricted stock unit vesting and do not represent discretionary sales by the reporting person.
Sezzle Inc.

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