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Sezzle Inc. (SEZL) director Paradis sells 26,400 shares in plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sezzle Inc. Director & President Paul Paradis reported open-market sales of Sezzle common stock under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2025. On February 26, 2026, he sold a total of 26,400 shares in multiple transactions.

The reported sales were executed at weighted-average prices ranging from about $78.33 to $86.51 per share. After these sales, Paradis directly owned 487,762 shares of Sezzle common stock. The filing also reports indirect holdings of 504,066 shares through Paradis Family LLC and 233,000 shares held by his spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

  • None.

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).
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)
02/26/2026
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 02/26/2026 S(1) 3,623 D $78.8626(2) 510,539 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 4,812 D $79.7283(3) 505,727 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 6,598 D $80.9082(4) 499,129 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 2,896 D $81.8532(5) 496,233 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 2,592 D $82.7875(6) 493,641 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 889 D $83.9973(7) 492,752 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 2,688 D $85.1258(8) 490,064 D
Common Stock, par value $0.00001 per share 02/26/2026 S(1) 2,302 D $86.1008(9) 487,762 D
Common Stock, par value $0.00001 per share 504,066 I Paradis Family LLC(10)
Common Stock, par value $0.00001 per share 233,000 I By spouse
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 on November 18, 2025.
2. The sales were effected in multiple transactions at prices ranging from $78.33 to $79.29, inclusive, on February 26, 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 $79.36 to $80.28, inclusive, on February 26, 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 $80.36 to $81.35, inclusive, on February 26, 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. The sales were effected in multiple transactions at prices ranging from $81.38 to $82.32, inclusive, on February 26, 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.
6. The sales were effected in multiple transactions at prices ranging from $82.47 to $83.31, inclusive, on February 26, 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.
7. The sales were effected in multiple transactions at prices ranging from $83.72 to $84.66, inclusive, on February 26, 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.
8. The sales were effected in multiple transactions at prices ranging from $84.72 to $85.70, inclusive, on February 26, 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.
9. The sales were effected in multiple transactions at prices ranging from $85.80 to $86.51, inclusive, on February 26, 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.
10. 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 03/02/2026
** 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

How many Sezzle (SEZL) shares did Paul Paradis sell in this Form 4?

Paul Paradis reported selling a total of 26,400 shares of Sezzle common stock. The shares were sold in multiple open-market transactions on February 26, 2026, with each trade reported separately and priced using weighted-average sale prices.

At what prices did Paul Paradis sell Sezzle (SEZL) stock on February 26, 2026?

The reported Sezzle share sales occurred at weighted-average prices ranging from about $78.33 to $86.51 per share. Footnotes explain that each price represents the weighted average for multiple trades executed within narrower price ranges throughout the trading day.

What is Paul Paradis’s remaining direct ownership in Sezzle (SEZL) after these sales?

After the reported transactions, Paul Paradis directly owned 487,762 shares of Sezzle common stock. This figure reflects his direct holdings immediately following the last open-market sale reported on February 26, 2026 in the Form 4 filing data.

Does Paul Paradis have indirect holdings of Sezzle (SEZL) shares?

Yes. The filing lists 504,066 shares held indirectly through Paradis Family LLC and 233,000 shares held by his spouse. Paradis disclaims beneficial ownership of these indirect shares except to the extent of his pecuniary interest, as noted in a footnote.

Were the Sezzle (SEZL) stock sales by Paul Paradis made under a 10b5-1 plan?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Paul Paradis on November 18, 2025. Such plans allow pre-arranged trading schedules intended to reduce concerns about trading on material nonpublic information.

What role does Paul Paradis hold at Sezzle (SEZL) in this Form 4?

Paul Paradis is identified as a Director & President of Sezzle Inc. in the Form 4 data. This means the reported transactions involve a senior executive and board member, which is why they must be disclosed under Section 16 insider reporting rules.
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