Youakim Charles 4
Research Summary
AI-generated summary
Sezzle (SEZL) 10% Owner Youakim Charles Receives Award of 28,000 RSUs
What Happened
Youakim Charles, disclosed as a 10% owner of Sezzle Inc. (SEZL), received an award of 28,000 restricted stock units (RSUs) on May 15, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), reflecting a compensatory equity grant rather than a market purchase.
Key Details
- Transaction date: 2026-05-15; Price per share reported: $0.00; Amount: 28,000 shares (award/grant, code A).
- Shares owned after the transaction: not disclosed in the filing.
- Vesting: See footnote — these RSUs vest over four years (25% vests on the one‑year anniversary of the vesting commencement date; the remainder vests in equal quarterly installments thereafter).
- Footnote also states the reporting person may be deemed to have voting and dispositive power over these securities.
- Filing: Form 4 filed on 2026-05-19 reporting the 2026-05-15 grant (the filing date is four days after the transaction date; the filing does not state an exception or a delayed reporting code).
Context
This was an equity award (RSUs), not an open-market purchase or sale. RSU grants are typically compensation and vest over time, so they do not represent an immediate cash investment or sale. As a reported 10% owner, Charles is a significant holder, and such awards can increase aligned ownership over the vesting period, but they do not alone signal market buying intent.