Sezzle (SEZL) 10% Owner Youakim Charles Forfeits 6,978 Shares

What Happened

Youakim Charles, reported as a 10% owner of Sezzle Inc. (SEZL), forfeited 6,978 shares on Aug 10, 2026 to satisfy withholding tax obligations related to previously awarded restricted stock units (RSUs). The shares are reported at $118.00 each for a total value of $823,404. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (appears timely).
• Shares forfeited/withheld: 6,978 at $118.00 each; total value ≈ $823,404.
• Transaction code: F — shares forfeited/withheld to satisfy tax liability on vested RSUs (footnote F1).
• Footnote F2: Reporting person may be deemed to have voting and dispositive power over these securities.
• Shares owned after the transaction: not specified in the summary data provided.

Context

This was a routine tax-withholding action following RSU vesting (a common "sell to cover" or forfeiture to satisfy taxes), not a market sale that signals a trading intention. As a 10% owner, filings can reflect institutional holdings or compensation arrangements rather than typical executive buy/sell sentiment. No evidence in the filing suggests late reporting.