Sezzle Inc.·4

Apr 3, 4:12 PM ET

Brading Lee Dickson 4

Research Summary

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Sezzle (SEZL) CFO Brading Lee Dickson Forfeits Shares for Tax Withholding

What Happened
Brading Lee Dickson, Chief Financial Officer of Sezzle Inc. (SEZL), forfeited a total of 1,127 shares of common stock to satisfy tax withholding obligations tied to the vesting of previously awarded restricted stock units (RSUs). On 2026-04-01 he forfeited 426 shares at $63.70 per share for $27,136, and on 2026-04-02 he forfeited 701 shares at $63.76 per share for $44,696 — a combined value of $71,832. These were not open-market sales but tax-withholding dispositions related to RSU vesting.

Key Details

  • Transaction dates and amounts:
    • 2026-04-01: 426 shares @ $63.70 = $27,136 (Disposed; code F)
    • 2026-04-02: 701 shares @ $63.76 = $44,696 (Disposed; code F)
  • Total shares forfeited: 1,127; total value: $71,832.
  • Shares owned after the reported transactions: not disclosed in the Form 4 filing.
  • Footnote: The shares were forfeited to satisfy withholding tax on vested RSUs (F1).
  • Filing: Form 4 filed 2026-04-03; appears to be timely relative to the reported transactions.

Context
Code F transactions indicate shares were withheld/forfeited to cover tax obligations upon vesting (a common, administrative occurrence) rather than a discretionary sale signaling investment sentiment. For retail investors, this is typically routine and does not necessarily reflect the insider’s view on the company’s stock.