Form 4: Sezzle Inc. Executive Amin Sabzivand Reports Share Forfeiture for Tax Obligations
SEC Form 4 Filing
Chief Operating Officer of Sezzle Inc., Amin Sabzivand, reports forfeiting shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- On March 15, 2025, Amin Sabzivand, the Chief Operating Officer of Sezzle Inc., forfeited 86 shares of common stock.
- The forfeiture was to satisfy withholding tax obligations related to the vesting of previously awarded restricted stock units.
- Following the transaction, Sabzivand directly owns 46,351 shares of Sezzle Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the transaction where Amin Sabzivand forfeited shares. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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