Sezzle COO sells 6,930 shares under 10b5-1 plan
Sezzle Inc. Chief Operating Officer Amin Sabzivand reported an option exercise and related share sales.
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Form Type
4
Rhea-AI Filing Summary
Sezzle Inc. Chief Operating Officer Amin Sabzivand reported an option exercise and related share sales. He exercised 6,930 stock options at an exercise price of 5.23 per share, acquiring the same number of common shares, then sold 6,930 shares in two open-market transactions at weighted average prices of 179.589 and 180.3101 per share. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025, and followed multiple individual trades within the stated price ranges. After these transactions, he directly holds 259,780 shares of Sezzle common stock.
Insider Trade Summary 10b5-1
Exercise and Sale: 6,930 shares ($1.21M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Sabzivand Amin
Role
Chief Operating Officer
Sold
6,930 shs ($1.25M)
Approx. gross sale proceeds
$1.25M
Approx. exercise cost
$36K
Approx. pre-tax spread
$1.21M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 6,930 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.00001 per share | 6,930 | $5.23 | $36K |
| Sale | Common Stock, par value $0.00001 per share | 3,837 | $179.589 | $689K |
| Sale | Common Stock, par value $0.00001 per share | 3,093 | $180.3101 | $558K |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Common Stock, par value $0.00001 per share — 259,780 shares (Direct)
Footnotes (3)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
- F2. The sales were effected in multiple transactions at prices ranging from $179.00 to $179.90, inclusive, on July 1, 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.
- F3. The sales were effected in multiple transactions at prices ranging from $180.04 to $180.83, inclusive, on July 1, 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.
Key Figures
Shares sold: 6,930 shares
First sale tranche: 3,093 shares at 180.3101 per share
Second sale tranche: 3,837 shares at 179.5890 per share
+5 more
8 metrics
Shares sold
6,930 shares
Total common shares sold in open-market transactions on July 1, 2026
First sale tranche
3,093 shares at 180.3101 per share
Open-market sale of Sezzle common stock
Second sale tranche
3,837 shares at 179.5890 per share
Open-market sale of Sezzle common stock
Options exercised
6,930 shares at 5.23 per share
Exercise of stock options into Sezzle common stock
Post-transaction holdings
266,710 shares
Direct Sezzle common stock held after reported transactions
10b5-1 plan adoption date
November 25, 2025
Date reporting person adopted trading plan governing these sales
Option exercisability date
April 7, 2024
Date from which exercised stock options were exercisable
Option expiration date
April 7, 2030
Expiration date of exercised stock options
Key Terms
Rule 10b5-1 trading plan, open-market sale, derivative security, Stock Options, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description notes an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Stock Options financial
"One transaction involves Stock Options with an underlying common stock position"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
weighted average price financial
"The price reported in Column 4 is the weighted average price..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Sezzle (SEZL) COO Amin Sabzivand report?
Sezzle COO Amin Sabzivand reported exercising 6,930 stock options and selling 6,930 common shares. The sales occurred in two open-market transactions on July 1, 2026, at weighted average prices of 179.589 and 180.3101 per share, according to the Form 4 disclosure.
What stock options did Sezzle (SEZL) COO Amin Sabzivand exercise?
He exercised stock options covering 6,930 shares of Sezzle common stock at an exercise price of 5.23 per share. These options, originally exercisable from April 7, 2024, were scheduled to expire on April 7, 2030, and the exercise converted them into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
