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[Form 4] Sezzle Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Sezzle Inc. insider transaction by Amin Sabzivand (Chief Operating Officer) shows a disposition on 09/30/2025 when 7,744 shares of common stock were forfeited to satisfy tax withholding related to the vesting of previously awarded restricted stock units. The reported price per share for the withholding was $84.19, and the filing lists 235,559 shares beneficially owned by the reporting person following the transaction. The Form 4 was signed by an attorney-in-fact and identifies the reporting person as an officer.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Officer forfeited vested RSUs to cover taxes, reducing holdings by 7,744 shares to 235,559 shares; transaction appears administrative.

The Form 4 documents a routine tax-withholding disposal tied to vested restricted stock units rather than an open-market sale. The transaction date is 09/30/2025 with a recorded per-share price of $84.19 and a reported disposal of 7,744 shares, leaving 235,559 shares beneficially owned. Because the filing specifies forfeiture to satisfy withholding obligations, this is an administrative equity reduction rather than a liquidity-driven sale and generally has limited informational content regarding changes in the officer's view of company prospects.

TL;DR: This Form 4 reflects standard RSU withholding; signature by attorney-in-fact is properly noted.

The disclosure notes the forfeiture resulted from vesting-related tax withholding, which is a common method companies use to meet statutory tax obligations on equity compensation. The form identifies the reporting person as Chief Operating Officer and includes a signature by an attorney-in-fact dated 09/30/2025. No additional derivative transactions or amendments are reported. From a governance perspective, the filing documents compliance with Section 16 reporting requirements without indicating unusual insider behavior.

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).
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)
09/30/2025
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 09/30/2025 F(1) 7,744 D $84.19 235,559 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 09/30/2025
** 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.
Sezzle Inc.

NASDAQ:SEZL

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1.78B
16.65M
51.62%
32.21%
9.48%
Credit Services
Services-business Services, Nec
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United States
MINNEAPOLIS