Sezzle (SEZL) SVP Finance Justin Krause receives 8,000-share RSU grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Krause Justin reported acquisition or exercise transactions in this Form 4 filing.

Sezzle Inc. reported that SVP Finance and Controller Justin Krause received an equity award of 8,000 shares of common stock in the form of restricted stock units. These RSUs vest over four years, with 25% vesting on the one-year anniversary of the vesting commencement date and the remaining units vesting in equal quarterly installments. Following this grant, Krause directly holds 75,635 shares of Sezzle common stock. This is a compensation-related award rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krause Justin

Role SVP FINANCE AND CONTROLLER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.00001 per share	8,000	$0.00	--

Holdings After Transaction: Common Stock, par value $0.00001 per share — 75,635 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 8,000 shares Post-transaction holdings: 75,635 shares Grant price per share: $0.0000 per share +2 more

5 metrics

RSU grant size 8,000 shares Restricted stock unit award to SVP Finance and Controller

Post-transaction holdings 75,635 shares Common stock directly held after the award

Grant price per share $0.0000 per share Recorded price for RSU grant in Form 4

Initial vesting portion 25% Vests on one-year anniversary of vesting commencement date

Remaining vesting period Four years total After first year, remainder vests in equal quarterly installments

Key Terms

restricted stock units, vesting commencement date, equal quarterly installments, Grant, award, or other acquisition, +1 more

5 terms

restricted stock units financial

"Reflecting an award of restricted stock units that vest over four years."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting commencement date financial

"25% vests on the one-year anniversary of the vesting commencement date,"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

equal quarterly installments financial

"the remainder vests in equal quarterly installments thereafter."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 04:34 PM

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^*

Krause Justin

(Last)

(First)

(Middle)

700 NICOLLET MALL

SUITE 640

(Street)

MINNEAPOLIS

MINNESOTA

55402

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.00001 per share	05/15/2026		A		8,000⁽¹⁾	A	$0	75,635	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflecting an award of restricted stock units that vest over four years. 25% vests on the one-year anniversary of the vesting commencement date, and the remainder vests in equal quarterly installments thereafter.

Remarks:

	/s/ Brady Duane Kafka, as Attorney-in-Fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sezzle (SEZL) report for Justin Krause?

Sezzle reported that SVP Finance and Controller Justin Krause received an award of 8,000 restricted stock units. These units represent common shares granted as equity compensation rather than an open-market purchase, aligning his interests more closely with long-term company performance.

How do Justin Krause’s new Sezzle (SEZL) RSUs vest over time?

The 8,000 restricted stock units vest over four years. 25% vests on the one-year anniversary of the vesting commencement date, with the remaining 75% vesting in equal quarterly installments afterward, encouraging continued service and long-term alignment with Sezzle.

How many Sezzle (SEZL) shares does Justin Krause hold after this Form 4?

After the reported equity award, Justin Krause directly holds 75,635 shares of Sezzle common stock. This figure reflects his position following the 8,000-share restricted stock unit grant disclosed in the Form 4 filing as part of his compensation.

Was Justin Krause’s Sezzle (SEZL) award an open-market stock purchase?

No, the transaction was coded as a grant or award acquisition, not an open-market purchase. The 8,000 shares were granted as restricted stock units at a recorded price of $0.0000 per share, which is typical for equity compensation awards rather than market purchases.

What does the Form 4 code "A" mean in Sezzle (SEZL) insider filings?

In this Sezzle Form 4, the transaction code “A” indicates a grant, award, or other acquisition. For Justin Krause, it reflects the issuance of 8,000 restricted stock units as compensation, rather than a discretionary buy or sell on the open market.