Form 4: Sezzle Inc. Director Paul Paradis Sells Shares in Multiple Transactions
SEC Form 4 Filing
Paul Paradis, a director and president of Sezzle Inc., sold a significant number of shares on May 13, 2025, through multiple transactions at varying prices.
Summary
- On May 13, 2025, Paul Paradis, a director and president of Sezzle Inc., executed multiple sales of common stock.
- The sales were conducted at prices ranging from $87.25 to $93.40 per share.
- Mr. Paradis sold shares directly and indirectly through the Paradis Family LLC and shares owned by his spouse.
- The total number of shares sold directly was 51,625.
- The total number of shares sold indirectly through Paradis Family LLC was 1,360.
- The total number of shares sold indirectly by spouse was 34,300.
- Following these transactions, Mr. Paradis directly owns 528,382 shares, indirectly owns 504,066 shares through Paradis Family LLC, and his spouse owns 284,000 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. The information is used by investors to understand the actions of company insiders.
Related Party Transactions
- The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.
Stakeholder Impact
- The stock sales by a director could potentially influence investor sentiment, although the impact is likely to be minimal unless the sales are substantial or part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of the stock sale transactions |
| 05/15/2025 | Date of the Form 4 filing |
Keywords
Form 4, Insider Trading, Stock Sale, Paul Paradis, Sezzle Inc., SEZL, Director, President
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