Form 4: Sezzle Inc. COO Amin Sabzivand Sells Shares Under 10b5-1 Trading Plan

Sezzle Inc.'s Chief Operating Officer, Amin Sabzivand, executed sales of common stock on May 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 13, 2025, Amin Sabzivand, the Chief Operating Officer of Sezzle Inc., sold 8,925 shares of common stock at a weighted average price of $90.3442.
• An additional 75 shares were sold at $91.09 per share.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on December 6, 2024.
• Following these transactions, Sabzivand directly owns 268,074 shares of Sezzle Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged trading plan, which is a common and legal practice. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on current inside information. Investors often monitor insider transactions for signals about a company's prospects, but sales under a 10b5-1 plan are generally viewed as less informative.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates

Keywords

Sezzle Inc., Amin Sabzivand, Chief Operating Officer, Stock Sale, Form 4, Rule 10b5-1, Insider Trading, SEZL