Youakim Charles 4
4 · Sezzle Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Sezzle (SEZL) 10% Owner Youakim Charles Forfeits 6,975 Shares
What Happened
- Youakim Charles, reported as a 10% owner of Sezzle Inc. (SEZL), forfeited 6,975 shares on 2026-04-01 to satisfy tax withholding obligations tied to previously vested restricted stock units (RSUs). The shares were valued at $63.70 each, totaling $444,308. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-03 (filed within the typical 2-business-day window).
- Price per share: $63.70; Shares forfeited: 6,975; Total value: $444,308.
- Reason: Forfeited shares to satisfy withholding tax obligations upon RSU vesting (footnote F1).
- Ownership/voting: Reporting person may be deemed to have voting and dispositive power over the securities (footnote F2).
- Shares owned after transaction: Not specified in the Form 4.
Context
- This was a tax-withholding action (common with RSU vesting) rather than a discretionary sale. Such forfeitures are routine and typically do not indicate a view on the company’s stock price. For retail investors, purchases are generally more informative about insider sentiment than tax-related forfeitures.
Insider Transaction Report
Form 4
Sezzle Inc.SEZL
Youakim Charles
DirectorExecutive Chairman and CEO10% Owner
Transactions
- Tax Payment
Common Stock, par value $0.00001 per share
[F1]2026-04-01$63.70/sh−6,975$444,308→ 12,325,304 total
Holdings
- 947,370(indirect: By LLC)
Common Stock, par value $0.00001 per share
- 1,508,454(indirect: By Trust)
Common Stock, par value $0.00001 per share
[F2]
Footnotes (2)
- [F1]In connection with the vesting of previously awarded restricted stock units, the reporting person forfeited these shares of common stock to satisfy withholding tax obligations.
- [F2]The reporting person may be deemed to have voting and dispositive power over these securities.
Signature
/s/ Brady Duane Kafka, as Attorney-in-Fact|2026-04-03