Sezzle (SEZL) General Counsel Hollis Kerissa Sells 266 Shares

What Happened

• Hollis Kerissa, General Counsel and Secretary of Sezzle Inc., had 266 shares forfeited to satisfy withholding tax obligations tied to the vesting of previously awarded restricted stock units (RSUs). The withholding was executed at $66.15 per share for a total value of $17,596. This was a tax-withholding disposition (routine), not an open-market sale intended as a liquidity or investment decision.

Key Details

• Transaction date: 2026-03-20
• Price per share: $66.15; Shares affected: 266; Total value: $17,596
• Transaction code: F (tax withholding to satisfy tax liability on vested awards)
• Footnote: The shares were forfeited to satisfy withholding tax obligations upon RSU vesting (per filing footnote F1)
• Filing date: 2026-03-24 — filed within the standard Form 4 deadline (timely)
• Shares owned after the transaction: not specified in the provided filing summary

Context

• This was a cashless/tax-withholding action related to RSU vesting, a common corporate practice that does not necessarily indicate insider sentiment about the company’s stock. It differs from an outright sale (S) or purchase (P); for retail investors, such transactions are routine administrative events rather than directional bets.