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Sezzle (NASDAQ: SEZL) CFO sells shares to cover taxes, gains RSU grant

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

Rhea-AI Filing Summary

Sezzle Inc. Chief Financial Officer Brading Lee Dickson reported multiple stock transactions in common shares. On March 3, 2026, he sold an aggregate of 1,240 shares in open-market transactions at weighted-average prices of about $70.93, $71.41, and $73.38 to cover tax withholding obligations tied to restricted stock unit vesting, described as non-discretionary "sell to cover" sales. He also received a grant of 29,976 restricted stock units at no cost, which vest over four years, with 25% vesting on the one-year anniversary of the vesting commencement date and the remainder in equal quarterly installments thereafter. After these transactions, he held 321,978 shares of common stock directly.

Positive

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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*
Brading Lee Dickson

(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)
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) 896 D $70.9294(2) 292,346 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 143 D $71.4071(3) 292,203 D
Common Stock, par value $0.00001 per share 03/03/2026 S(1) 201 D $73.3807(4) 292,002 D
Common Stock, par value $0.00001 per share 03/03/2026 A(5) 29,976 A $0 321,978 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 $71.98, 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 $73.55, 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.
5. 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 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 transactions did Sezzle (SEZL) report for its CFO on March 3, 2026?

Sezzle’s Chief Financial Officer Brading Lee Dickson reported selling 1,240 common shares in open-market transactions and receiving 29,976 restricted stock units. The sales were associated with tax withholding obligations, while the RSU award vests over four years based on the disclosed schedule.

Were the Sezzle (SEZL) CFO’s March 3, 2026 stock sales discretionary trades?

The reported stock sales were not discretionary trades. They were conducted as "sell to cover" transactions to satisfy tax withholding obligations arising from restricted stock unit vesting and settlement, according to the filing’s footnote, rather than independent open-market selling decisions by the executive.

At what prices did Sezzle (SEZL) CFO Brading Lee Dickson sell shares on March 3, 2026?

The filing lists weighted-average sale prices of approximately $70.9294, $71.4071, and $73.3807 per share. Footnotes explain these were executed in multiple transactions within specified price ranges and that detailed trade information is available upon request from the reporting person.

What are the vesting terms of the Sezzle (SEZL) CFO’s 29,976 RSU award?

The 29,976 restricted stock units vest over four years. According to the disclosure, 25% vests on the one-year anniversary of the vesting commencement date, and the remaining units vest in equal quarterly installments thereafter until fully vested.

How many Sezzle (SEZL) shares does the CFO hold after the reported Form 4 transactions?

After the reported March 3, 2026 transactions, Brading Lee Dickson directly held 321,978 shares of Sezzle Inc. common stock, as indicated by the "total shares following transaction" figure related to the restricted stock unit award acquisition.

What type of security is involved in the Sezzle (SEZL) CFO’s Form 4 transactions?

All reported transactions involve Sezzle Inc. common stock with a par value of $0.00001 per share. These include open-market sales of existing shares and an acquisition through a grant of restricted stock units that convert into common shares as they vest over time.
Sezzle Inc.

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