Sezzle president sells 26,400 shares in 10b5-1 plan
Sezzle Inc. director and president Paul Paradis reported open-market sales of 26,400 shares of common stock on June 18, 2026, at weighted average prices in the low $160s per share.
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Form Type
4
Rhea-AI Filing Summary
Sezzle Inc. director and president Paul Paradis reported open-market sales of 26,400 shares of common stock on June 18, 2026, at weighted average prices in the low $160s per share. These sales were made under a Rule 10b5-1 trading plan adopted on November 18, 2025. After the transactions, he directly holds 416,195 shares, and the filing also shows indirect holdings of 233,000 shares held by his spouse and 504,066 shares held by Paradis Family LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary 10b5-1
Net Seller: 26,400 shares
Net Sell
7 txns
Insider
Paradis Paul
Role
Director & President
Sold
26,400 shs ($4.26M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share | 15,553 | $160.2591 | $2.49M |
| Sale | Common Stock, par value $0.00001 per share | 1,612 | $161.2213 | $260K |
| Sale | Common Stock, par value $0.00001 per share | 3,239 | $162.7631 | $527K |
| Sale | Common Stock, par value $0.00001 per share | 5,806 | $163.4268 | $949K |
| Sale | Common Stock, par value $0.00001 per share | 190 | $164.11 | $31K |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.00001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.00001 per share — 416,195 shares (Direct);
Common Stock, par value $0.00001 per share — 504,066 shares (Indirect, Paradis Family LLC);
Common Stock, par value $0.00001 per share — 233,000 shares (Indirect, By spouse)
Footnotes (6)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
- F2. The sales were effected in multiple transactions at prices ranging from $160.00 to $160.99, inclusive, on June 18, 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 $161.00 to $161.59, inclusive, on June 18, 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.
- F4. The sales were effected in multiple transactions at prices ranging from $162.00 to $162.94, inclusive, on June 18, 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.
- F5. The sales were effected in multiple transactions at prices ranging from $163.02 to $164.01, inclusive, on June 18, 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.
- F6. 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.
Key Figures
Shares sold: 26,400 shares
Direct holdings after sale: 416,195 shares
Indirect holdings via spouse: 233,000 shares
+2 more
5 metrics
Shares sold
26,400 shares
Total common shares sold on June 18, 2026
Direct holdings after sale
416,195 shares
Common stock held directly by Paul Paradis after transactions
Indirect holdings via spouse
233,000 shares
Common stock held indirectly by spouse
Indirect holdings via LLC
504,066 shares
Common stock held indirectly by Paradis Family LLC
Sample sale price
$160.2591 per share
One weighted average sale price reported on June 18, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, Section 16, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
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.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
open-market sale financial
"Sale in open market or private transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sezzle (SEZL) director Paul Paradis report?
Paul Paradis reported selling 26,400 shares of Sezzle common stock in open-market transactions on June 18, 2026. The trades were executed at weighted average prices in the low $160s per share under a pre-arranged Rule 10b5-1 trading plan.
What is Paul Paradis’s remaining Sezzle (SEZL) ownership after this Form 4?
After the June 18, 2026 sales, Paul Paradis directly holds 416,195 Sezzle shares. The filing also reports indirect holdings of 233,000 shares held by his spouse and 504,066 shares held by Paradis Family LLC, subject to his beneficial ownership disclaimer.
How are Paul Paradis’s indirect Sezzle (SEZL) holdings structured?
The Form 4 shows 233,000 shares held indirectly through his spouse and 504,066 shares held indirectly via Paradis Family LLC. A footnote states he disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
