Form 4: Sezzle Inc. Executive Amin Sabzivand Reports Stock Forfeiture for Tax Obligations After Stock Split

Chief Operating Officer Amin Sabzivand of Sezzle Inc. reports forfeiting shares to cover tax obligations following a 6-to-1 forward stock split.

Summary

• On April 1, 2025, Amin Sabzivand, the Chief Operating Officer of Sezzle Inc., reported a transaction involving common stock.
• Sabzivand forfeited 19,800 shares of common stock to satisfy withholding tax obligations related to the vesting of previously awarded restricted stock units.
• The forfeiture occurred at a price of $36.34 per share.
• Following the transaction, Sabzivand beneficially owns 286,074 shares of Sezzle Inc.
• A 6-to-1 forward stock split was effected by Sezzle Inc. on March 28, 2025, and the reported amounts have been adjusted to reflect this split.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock forfeiture for tax obligations) and a stock split, which are neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock. This filing indicates a routine transaction related to tax obligations upon vesting of restricted stock units.

Stakeholder Impact

• The stock forfeiture has a minor dilutive effect on existing shareholders.
• The forward stock split may make the stock more accessible to smaller investors.

Key Dates

Keywords

Form 4, Sezzle Inc., Amin Sabzivand, Stock Forfeiture, Stock Split, Beneficial Ownership, COO, Tax Obligations