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

Executive Director and President of Sezzle Inc., Paul Paradis, gifted 1,560 shares of common stock to his spouse on November 15, 2024.

Summary

• Paul Paradis, Executive Director and President of Sezzle Inc., reported a transaction on November 15, 2024.
• The transaction involved the transfer of 1,560 shares of Sezzle Inc. common stock to his spouse.
• Following the transaction, Mr. Paradis directly owns 72,872 shares.
• The shares were transferred as a gift, and Mr. Paradis disclaims beneficial ownership of the shares held by his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of a share transfer, with no indication of positive or negative sentiment.

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 routine filing related to changes in beneficial ownership by a company executive and is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• The transaction is a common type of personal financial activity for executives and is not unusual.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a personal transfer of shares by an executive.

Key Dates

Keywords

Sezzle Inc., Paul Paradis, share transfer, executive director, beneficial ownership, common stock, gift