East Stephen F. 4
Research Summary
AI-generated summary
Sezzle (SEZL) Director Stephen F. East Receives 725 RSUs
What Happened
- Stephen F. East, a director of Sezzle Inc. (SEZL), received an award of 725 restricted stock units (RSUs) on May 15, 2026. The grant is recorded at $0 per share (total recorded value $0) and is an equity compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-15 (Form 4 filed 2026-05-19).
- Transaction type/code: Award/Grant (A) — 725 RSUs @ $0.00.
- Vesting: Per the filing footnote, the RSUs vest on the one-year anniversary of the vesting commencement date.
- Shares owned after transaction: Not specified in the Form 4.
- Timeliness: Filed May 19, 2026 — within the standard two business-day Form 4 reporting window for a May 15 transaction.
Context
- RSUs are compensation awards that convert into shares only upon vesting; they are not an immediate cash purchase or sale. Such awards are common for directors and executives and reflect company compensation practices rather than direct buying/selling of shares.