Form 4: Sezzle COO Executes Pre-Arranged Stock Sale Under 10b5-1 Plan

Sezzle Inc.'s Chief Operating Officer, Amin Sabzivand, sold 2,146 shares of common stock for approximately $106.786 per share on May 23, 2025, as part of a pre-established Rule 10b5-1 trading plan.

Summary

• Amin Sabzivand, Chief Operating Officer of Sezzle Inc. (SEZL), reported a transaction on May 23, 2025.
• The transaction involved the disposition (sale) of 2,146 shares of Sezzle Common Stock, par value $0.00001 per share.
• The shares were sold at a weighted average price of $106.786 per share.
• The sales were effected in multiple transactions at prices ranging from $106.67 to $107.00.
• Following this transaction, Mr. Sabzivand beneficially owns 253,928 shares of Sezzle Common Stock.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Sabzivand on December 6, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can be perceived negatively, the fact that it was executed under a pre-arranged 10b5-1 plan mitigates concerns about its implications for the company's immediate prospects.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, which indicates the sale was pre-scheduled and not based on immediate, non-public information, reducing concerns about opportunistic insider selling.

Negatives

• An insider sale, even if pre-planned, represents a reduction in the officer's direct ownership stake in the company.

Risks

• No specific new risks are introduced by this Form 4 filing beyond the general perception of insider selling.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024.
• The sales were effected in multiple transactions at prices ranging from $106.67 to $107.00, inclusive, on May 23, 2025, with the reported price being the weighted average.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual officer's equity management rather than a company-wide strategic move.

Stakeholder Impact

• Shareholders: The sale by a key executive might be viewed with slight caution, but the pre-planned nature (10b5-1) reduces the negative signal often associated with insider selling.

Key Dates

Keywords

Sezzle, SEZL, Form 4, Insider Transaction, Stock Sale, Amin Sabzivand, Chief Operating Officer, 10b5-1 Plan, Equity Securities