Sezzle (SEZL) CFO Lee Dickson Forfeits 1,405 Shares for Taxes

What Happened
Lee Dickson, Chief Financial Officer of Sezzle Inc. (SEZL), forfeited 1,405 shares of common stock on August 10, 2026 to satisfy withholding tax obligations tied to vested restricted stock units. The shares were valued at $118.00 each, representing $165,790 disposed under transaction code F (tax withholding).

Key Details

• Transaction date: 2026-08-10; Price per share: $118.00; Total value: $165,790.
• Transaction type/code: F — shares forfeited to satisfy tax withholding on vested RSUs (cashless/forfeiture to cover taxes).
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnote: The filing notes that the forfeiture was "in connection with the vesting of previously awarded restricted stock units" to satisfy withholding tax obligations (F1).
• Filing: Form 4 filed 2026-08-12 for the 2026-08-10 transaction — within the typical 2-business-day reporting window (timely).

Context
This was not an open-market sale or a discretionary cash sale; it’s a routine tax-withholding action when RSUs vest. Such forfeitures are standard administrative steps and do not necessarily indicate insider sentiment about the company’s stock.