Form 4: Sezzle Inc. Executive Director Paul Paradis Transfers Shares to Spouse

Executive Director and President of Sezzle Inc., Paul Paradis, transferred 4,026 shares of common stock to his spouse on November 18, 2024.

Summary

• Paul Paradis, Executive Director and President of Sezzle Inc., reported a transaction involving the transfer of 4,026 shares of common stock to his spouse.
• The transaction occurred on November 18, 2024, with the shares being disposed of at a price of $400.
• Following the transaction, Mr. Paradis directly owns 68,846 shares, and his spouse indirectly owns the 4,026 shares.
• Mr. Paradis disclaims beneficial ownership of the shares held by his spouse.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transfer and does not indicate any positive or negative sentiment towards the company.

Management Comments

• The reporting person disclaims beneficial ownership of the securities held by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders when they make transactions involving their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is a personal transfer of shares and does not reflect on the company's performance or standing in the industry.

Related Party Transactions

• The transfer of shares to the spouse of Paul Paradis is a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a personal transfer of shares by an executive.

Key Dates

Keywords

Sezzle Inc., Paul Paradis, stock transfer, beneficial ownership, executive director, Form 4, insider trading