Form 4: Sezzle CFO Karen Hartje Reports Stock Transaction Following Forward Stock Split
SEC Form 4 Filing
Karen Hartje, CFO of Sezzle Inc., reports a transaction involving common stock to cover withholding tax obligations after a 6-to-1 forward stock split.
Summary
- On April 1, 2025, Karen Hartje, the Chief Financial Officer of Sezzle Inc., reported a transaction involving the company's common stock.
- The transaction involved the forfeiture of 10,440 shares to satisfy withholding tax obligations related to the vesting of previously awarded restricted stock units.
- The price per share for the transaction was $36.34.
- Following the transaction, Hartje beneficially owns 192,684 shares of Sezzle Inc.
- The report also notes that a 6-to-1 forward stock split was effected on March 28, 2025, and all share amounts have been adjusted to reflect this split.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing a routine stock transaction and a previously announced stock split. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. The forward stock split is a corporate action that aims to make shares more accessible to a broader range of investors.
Stakeholder Impact
- The forward stock split may make the stock more accessible to smaller investors.
- The transaction itself has minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Effective date of the 6-to-1 forward stock split. |
| 04/01/2025 | Date of the stock transaction (forfeiture of shares for tax obligations). |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Sezzle, Hartje, CFO, stock transaction, Form 4, forward stock split, beneficial ownership, restricted stock units, withholding tax
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