Form 4: Sezzle Inc. Director Paul Paradis Reports Stock Sale
SEC Form 4 Filing
Director and President Paul Paradis reported the sale of 3,000 shares of Sezzle Inc. common stock at a price of $86.42 per share.
Summary
- On May 13, 2025, Paul Paradis, a Director and President of Sezzle Inc., reported a transaction involving the company's common stock.
- Paradis sold 3,000 shares of common stock at a price of $86.42 per share.
- Following the transaction, Paradis directly owns 312,000 shares.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Paradis' spouse on December 2, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to have pre-arranged trading plans to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-12-02 | Date of adoption of Rule 10b5-1 trading plan by the reporting person's spouse. |
| 2025-05-13 | Date of the stock sale transaction. |
| 2025-05-14 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Sezzle Inc., Paul Paradis, Stock Sale, Director, Rule 10b5-1, Insider Trading
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