Sabzivand Amin 4
Research Summary
AI-generated summary
Sezzle COO Amin Forfeits 6,976 Shares for Tax Withholding
What Happened
- Sabzivand Amin, Chief Operating Officer of Sezzle Inc. (SEZL), had 6,976 vested restricted stock units forfeited to satisfy withholding tax obligations. The shares were valued at $63.70 each, for a total disposition of $444,371. This was a tax-withholding disposal (routine) rather than an open-market sale.
Key Details
- Transaction date and price: April 1, 2026 — 6,976 shares at $63.70 per share; total value $444,371.
- Transaction code: F — shares forfeited/surrendered to cover tax withholding on vested RSUs.
- Footnote: The filing states the shares were forfeited in connection with the vesting of previously awarded RSUs to satisfy withholding tax obligations.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Form 4 filed Apr 3, 2026; no late filing indicated in the report.
Context
- This was a tax-withholding event tied to RSU vesting (a common, routine insider transaction) — the shares were surrendered to cover taxes rather than sold on the open market, so it should not be interpreted as a directional trade signal.