Form 4: Sezzle Inc. Director Paul Paradis Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director and President Paul Paradis reports a transaction involving Sezzle Inc. common stock related to tax obligations from vesting restricted stock units.
Summary
- On January 1, 2025, Paul Paradis, a Director and President of Sezzle Inc., reported a transaction involving the company's common stock.
- The transaction involved the forfeiture of 639 shares to satisfy withholding tax obligations related to the vesting of previously awarded restricted stock units.
- Following the transaction, Paradis directly owns 97,437 shares of Sezzle Inc. common stock.
- Paradis also indirectly owns 84,211 shares through Paradis Family LLC and 55,500 shares through his spouse.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, so it doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of the transaction involving the forfeiture of shares. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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