Sezzle Inc. (SEZL) COO forfeits shares to cover RSU tax withholding

Rhea-AI Filing Summary

Sezzle Inc.’s Chief Operating Officer Amin Sabzivand had shares withheld for taxes tied to vesting compensation. In connection with the vesting of previously awarded restricted stock units, 342 shares of common stock were forfeited at a price of $163.28 per share to satisfy withholding tax obligations. This was reported as a tax-withholding disposition, not an open-market sale, and Sabzivand now holds 259,780 common shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sabzivand Amin

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.00001 per share	342	$163.28	$56K

Holdings After Transaction: Common Stock, par value $0.00001 per share — 259,780 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withholding shares: 342 shares Withholding price: $163.28 per share Post-transaction holdings: 259,780 shares +2 more

5 metrics

Tax-withholding shares 342 shares Shares forfeited to satisfy withholding tax obligations

Withholding price $163.28 per share Value used for 342 withheld shares

Post-transaction holdings 259,780 shares Common shares held directly after transaction

Transaction code F Payment of tax liability by delivering securities

Transaction direction dispose Classified as tax-withholding disposition

Key Terms

restricted stock units, withholding tax obligations, tax-withholding disposition, Common Stock, par value $0.00001 per share, +1 more

5 terms

restricted stock units financial

"In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares"

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.

withholding tax obligations financial

"forfeited these shares of common stock to satisfy withholding tax obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock, par value $0.00001 per share financial

"security_title": "Common Stock, par value $0.00001 per share""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

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Form 4 Insider Transactions: What Each Field Means →

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 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)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.00001 per share	06/20/2026		F(1)		342	D	$163.28	259,780	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	06/23/2026
	** 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)

FAQ

What insider transaction did Sezzle Inc. (SEZL) report for Amin Sabzivand?

Sezzle reported that COO Amin Sabzivand forfeited 342 common shares as a tax-withholding disposition. The shares were withheld in connection with vesting restricted stock units to satisfy withholding tax obligations, rather than sold on the open market.

Was the Sezzle (SEZL) Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 342 shares were forfeited to cover withholding taxes triggered by vesting restricted stock units awarded as part of compensation.

How many Sezzle (SEZL) shares were withheld for Amin Sabzivand’s taxes?

A total of 342 Sezzle common shares were withheld for taxes. The filing reports these shares at $163.28 per share in connection with the vesting of previously awarded restricted stock units used to satisfy withholding obligations.

How many Sezzle Inc. (SEZL) shares does Amin Sabzivand hold after this Form 4?

After the tax-withholding disposition, Amin Sabzivand directly holds 259,780 Sezzle common shares. This post-transaction balance reflects the forfeiture of 342 shares to satisfy withholding taxes on vesting restricted stock units.

What does transaction code F mean in the Sezzle (SEZL) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 342 Sezzle shares were forfeited to satisfy withholding tax obligations related to vesting restricted stock units for the Chief Operating Officer.