Sezzle (SEZL) President Paul Paradis Forfeits 7,110 Shares for Taxes

What Happened
Paul Paradis, President and a director of Sezzle Inc. (SEZL), forfeited 7,110 shares of Sezzle common stock on August 10, 2026 to satisfy withholding tax obligations tied to the vesting of previously awarded restricted stock units. The shares were valued at $118.00 each, for a total withholding value of $838,980. This was a tax-withholding/forfeiture action, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (timely filing).
• Transaction type/code: F — payment of exercise price or tax liability (shares forfeited to cover withholding).
• Shares forfeited: 7,110 at $118.00 per share; total value ~ $838,980.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 confirms the forfeiture was to satisfy withholding on vested RSUs; F2 states the reporting person disclaims beneficial ownership except for pecuniary interest.

Context
This transaction reflects standard tax withholding when restricted stock units vest — the company retains/forfeits some shares to cover taxes. Such forfeitures are routine and do not, by themselves, indicate a buy or sell decision about the company’s prospects.