[Form 4] Sezzle Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sezzle Inc. insider sale recorded on Form 4. Paul Paradis, who is identified as a director and president of Sezzle Inc. (SEZL), reported a disposition of 3,000 shares of the company's common stock on 09/09/2025 at a price of $88.67 per share. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person’s spouse on December 2, 2024. The form shows post-transaction beneficial ownership figures, including 233,000 shares listed as indirectly owned by spouse, 528,382 shares listed as directly owned, and 504,066 shares held indirectly by Paradis Family LLC. The reporting person disclaims beneficial ownership of certain shares except for pecuniary interest. The report was signed by an attorney-in-fact on 09/11/2025.

Positive

• Transaction executed under a Rule 10b5-1 trading plan, indicating pre-arranged trading intent
• Complete disclosure of direct and indirect holdings including amounts for spouse and Paradis Family LLC
• Form signed by attorney-in-fact, showing the filing was executed and submitted

Negative

• Insider disposed of 3,000 shares, which is a reduction in beneficial holdings
• Filing includes disclaimers that limit clarity on ultimate beneficial ownership beyond pecuniary interest

Insights

Financial Analyst

TL;DR: Routine insider disposition under an established 10b5-1 plan; disclosure clarifies current direct and indirect holdings.

The Form 4 documents a sale of 3,000 common shares at $88.67 executed under a Rule 10b5-1 plan adopted by the reporting person’s spouse on December 2, 2024. The filing supplies specific post-transaction holdings: 233,000 shares indirectly listed by spouse, 528,382 shares directly owned, and 504,066 shares indirectly owned by Paradis Family LLC. This is a standard Section 16 disclosure that provides transparency about the reporting person’s equity positions and a pre-arranged trading plan. No earnings or corporate operational data are included in the filing.

Corporate Governance Expert

TL;DR: Disclosure follows required insider-reporting procedures and cites a spouse-adopted 10b5-1 plan; includes ownership disclaimers.

The Form 4 indicates compliance with Section 16 reporting obligations and notes the transaction was pursuant to a spouse’s Rule 10b5-1 trading plan, which the filing explicitly references. The report also includes a formal disclaimer regarding beneficial ownership of certain shares and identifies indirect ownership through Paradis Family LLC. The signature by an attorney-in-fact and the clear identification of relationship and titles (Director & President) align with standard governance disclosures.

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^*

Paradis Paul

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director & President

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

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	09/09/2025		S(1)		3,000	D	$88.67	233,000	I	By spouse
Common Stock, par value $0.00001 per share								528,382	D
Common Stock, par value $0.00001 per share								504,066	I	Paradis Family LLC(2)

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's spouse on December 2, 2024.

2. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	09/11/2025
	** 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 did Paul Paradis report on the Form 4 for SEZL?

The Form 4 reports a disposition of 3,000 shares of Sezzle Inc. common stock on 09/09/2025 at $88.67 per share.

Was the sale part of a Rule 10b5-1 trading plan for SEZL filings?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person’s spouse on December 2, 2024.

What beneficial ownership did the Form 4 disclose for Paul Paradis?

Post-transaction holdings disclosed include 233,000 shares indirectly by spouse, 528,382 shares directly owned, and 504,066 shares indirectly owned via Paradis Family LLC.

Does the Form 4 include any disclaimers about ownership for SEZL?

Yes. The reporting person disclaims beneficial ownership of certain shares except to the extent of his pecuniary interest therein.

When was the Form 4 signed and by whom?

The Form 4 shows a signature by Brady Duane Kafka, as Attorney-in-Fact, dated 09/11/2025.