Form 4: Sezzle Inc. Director Paul Paradis Reports Stock Transaction Following Forward Stock Split

Director and President Paul Paradis 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, Paul Paradis, a Director and President of Sezzle Inc., reported a transaction on Form 4.
• The transaction involved the forfeiture of 12,240 shares of common stock 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, Paradis directly owns 578,382 shares of common stock.
• Paradis also indirectly owns 505,266 shares through Paradis Family LLC and 333,000 shares through his spouse.
• Effective March 28, 2025, Sezzle Inc. executed a 6-to-1 forward stock split, and all share amounts reported have been adjusted to reflect this split.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares forfeited for tax purposes.
• The forward stock split affects the number of shares owned by all shareholders, but not the overall value of their holdings.

Key Dates

Keywords

Form 4, Sezzle Inc., Paul Paradis, stock transaction, forward stock split, beneficial ownership, restricted stock units, withholding tax