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Sezzle Inc.·4

Jul 17, 5:38 PM ET

Paradis Paul 4

Research Summary

AI-generated summary

Updated

Sezzle (SEZL) President Paul Paradis Sells Shares

What Happened
Paul Paradis, President and Director of Sezzle (SEZL), disposed of a total of 18,977 shares in open‑market sales executed July 15–16, 2026. The sales were reported as multiple transactions across those two days at weighted average prices shown per tranche, yielding aggregate proceeds of approximately $3,625,560. The trades were effected pursuant to a Rule 10b5‑1 trading plan adopted November 18, 2025.

Key Details

  • Dates: July 15–16, 2026 (Form 4 filed July 17, 2026). Filing shows no indication of untimely reporting.
  • Tranches and proceeds (weighted avg price reported per line):
    • 7/15: 5,283 shares @ $190.39 = $1,005,821 (multiple executions; prices ranged $190.00–$190.99)
    • 7/15: 2,362 shares @ $191.86 = $453,162 (prices ranged $191.40–$192.14)
    • 7/15: 600 shares @ $192.88 = $115,731 (prices ranged $192.71–$193.27)
    • 7/16: 7,232 shares @ $190.25 = $1,375,879 (prices ranged $190.00–$190.88)
    • 7/16: 900 shares @ $191.21 = $172,085 (prices ranged $191.00–$191.71)
    • 7/16: 500 shares @ $192.19 = $96,093 (prices ranged $192.00–$192.31)
    • 7/16: 1,700 shares @ $193.52 = $328,983 (prices ranged $193.16–$193.90)
    • 7/16: 400 shares @ $194.51 = $77,806 (prices ranged $194.36–$194.67)
  • Total: 18,977 shares sold for ~$3.63 million.
  • Shares owned after transaction: not specified in the information provided in your summary.
  • Notable footnotes: trades were executed under a Rule 10b5‑1 plan (adopted 11/18/2025); the reporting person disclaims beneficial ownership except to the extent of pecuniary interest; each line reflects multiple executions with price ranges and weighted averages.
  • Filing timeliness: Reported on July 17, 2026 for trades on July 15–16—no late‑filing indication in the filing itself.

Context

  • These are open‑market sales under a pre‑arranged 10b5‑1 plan, which typically schedules trades in advance and is common for executives managing planned liquidity or diversification. Sales do not necessarily signal a change in company outlook.
  • For retail investors: purchases are generally more indicative of insider bullishness; routine sales under trading plans are common and can reflect personal financial planning rather than a view on the company’s near‑term prospects.