Paradis Paul 4
4 · Sezzle Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Sezzle (SEZL) President Paul Paradis Receives 20,000-Share Award
What Happened
- Paul Paradis, President and a director of Sezzle Inc. (SEZL), received a grant of 20,000 restricted stock units (RSUs) on 2026-05-15. The reported acquisition price is $0, so no cash was paid at grant; these RSUs convert to common shares only as they vest.
Key Details
- Transaction type: Award/Grant (code A).
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (filed within the SEC’s two-business-day window for Form 4s).
- Shares/units granted: 20,000 RSUs at $0.00 per share (total reported value at grant: $0).
- Vesting: 25% vests on the one‑year anniversary of the vesting commencement date; remaining 75% vests in equal quarterly installments over the following three years (footnote F1).
- Beneficial ownership: Paradis disclaims beneficial ownership of the RSUs except to the extent of his pecuniary interest (footnote F2).
- Shares owned after transaction: Not specified in the provided filing.
Context
- RSUs are a form of equity compensation that deliver shares upon vesting; they are not immediately tradable shares and involve no outlay at grant. Such awards are common for executive compensation and do not by themselves indicate market sentiment.
- The report disclaims full beneficial ownership, which is a standard clarification about economic vs. legal ownership.
Insider Transaction Report
Form 4
Sezzle Inc.SEZL
Paradis Paul
DirectorDirector & President
Transactions
- Award
Common Stock, par value $0.00001 per share
[F1]2026-05-15+20,000→ 468,995 total
Holdings
- 504,066(indirect: By LLC)
Common Stock, par value $0.00001 per share
[F2] - 233,000(indirect: By Spouse)
Common Stock, par value $0.00001 per share
Footnotes (2)
- [F1]Reflecting an award of restricted stock units that vest over four years. 25% vests on the one-year anniversary of the vesting commencement date, and the remainder vests in equal quarterly installments thereafter.
- [F2]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.
Signature
/s/ Brady Duane Kafka, as Attorney-in-Fact|2026-05-19