Paradis Paul 4
4 · Sezzle Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Sezzle (SEZL) President Paul Paradis Sells 26,400 Shares
What Happened
Paul Paradis, President and Director of Sezzle Inc. (SEZL), sold a total of 26,400 shares in multiple open‑market transactions on February 26, 2026, for aggregate proceeds of about $2,156,532. The sales were reported in eight tranches: 3,623 @ $78.86 ($285,719); 4,812 @ $79.73 ($383,653); 6,598 @ $80.91 ($533,832); 2,896 @ $81.85 ($237,047); 2,592 @ $82.79 ($214,585); 889 @ $84.00 ($74,674); 2,688 @ $85.13 ($228,818); and 2,302 @ $86.10 ($198,204). These were sales (S) — typically considered routine liquidity rather than a purchase/endorsement of the stock.
Key Details
- Transaction date: February 26, 2026 (filed March 2, 2026); filing appears timely (filed within required business days).
- Prices/ranges: per footnotes, the underlying transactions occurred in multiple trades at prices ranging approximately $78.33 to $86.51 on Feb 26; the filing lists weighted‑average prices per tranche.
- Total shares sold: 26,400; total proceeds: ~$2.16 million.
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Nov 18, 2025 (F1). The filer disclaims beneficial ownership except to the extent of pecuniary interest (F10). Footnotes F2–F9 note the sales were split into multiple transactions at the price ranges shown and that the reporting person will provide full breakdowns upon request.
- Transaction code: S = Sale.
Context
A 10b5‑1 plan indicates the trades were pre‑arranged and typically reduce the likelihood the sales reflect short‑term views about the company; such plans are commonly used by insiders to sell shares on a predetermined schedule. For retail investors, purchases generally carry stronger signaling value than routine sales; this filing documents liquidity taken by an insider under an established plan rather than a new purchase or option exercise.
Insider Transaction Report
- Sale
Common Stock, par value $0.00001 per share
[F1][F2]2026-02-26$78.86/sh−3,623$285,719→ 510,539 total - Sale
Common Stock, par value $0.00001 per share
[F1][F3]2026-02-26$79.73/sh−4,812$383,653→ 505,727 total - Sale
Common Stock, par value $0.00001 per share
[F1][F4]2026-02-26$80.91/sh−6,598$533,832→ 499,129 total - Sale
Common Stock, par value $0.00001 per share
[F1][F5]2026-02-26$81.85/sh−2,896$237,047→ 496,233 total - Sale
Common Stock, par value $0.00001 per share
[F1][F6]2026-02-26$82.79/sh−2,592$214,585→ 493,641 total - Sale
Common Stock, par value $0.00001 per share
[F1][F7]2026-02-26$84.00/sh−889$74,674→ 492,752 total - Sale
Common Stock, par value $0.00001 per share
[F1][F8]2026-02-26$85.13/sh−2,688$228,818→ 490,064 total - Sale
Common Stock, par value $0.00001 per share
[F1][F9]2026-02-26$86.10/sh−2,302$198,204→ 487,762 total
- 504,066(indirect: By LLC)
Common Stock, par value $0.00001 per share
[F10] - 233,000(indirect: By Spouse)
Common Stock, par value $0.00001 per share
Footnotes (10)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025.
- [F10]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.
- [F2]The sales were effected in multiple transactions at prices ranging from $78.33 to $79.29, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F3]The sales were effected in multiple transactions at prices ranging from $79.36 to $80.28, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F4]The sales were effected in multiple transactions at prices ranging from $80.36 to $81.35, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F5]The sales were effected in multiple transactions at prices ranging from $81.38 to $82.32, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F6]The sales were effected in multiple transactions at prices ranging from $82.47 to $83.31, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F7]The sales were effected in multiple transactions at prices ranging from $83.72 to $84.66, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F8]The sales were effected in multiple transactions at prices ranging from $84.72 to $85.70, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
- [F9]The sales were effected in multiple transactions at prices ranging from $85.80 to $86.51, inclusive, on February 26, 2026. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.