Home / Restatements / Sezzle Inc.
Filed 2026-02-25 路 Form 8-K 路 Accession 0001662991-26-000014 mid
Price before filing: $60.65 (2026-02-24 close, split/dividend-adjusted)
Market cap at flag: $2.11B (2026-02-25) 路 Latest: $4.30B (2026-10-16)
| Window | SEZL | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +1.5% | -7.5% | +9.0% | 2026-03-27 |
| 90 days | +81.3% | +9.5% | +71.8% | 2026-05-26 |
| 180 days | +94.4% | +11.7% | +82.8% | 2026-08-24 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $66 (1 sale)
30 days after: 6 insiders sold $3.6M (26 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-01-05 | Brehm Kyle M. Director | Sale | 1 | $65.55 | $66 | no | Form 4 |
| 2026-02-25: red flag filed | |||||||
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 3,623 | $78.86 | $286K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 4,812 | $79.73 | $384K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 6,598 | $80.91 | $534K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 2,896 | $81.85 | $237K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 2,592 | $82.79 | $215K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 889 | $84.00 | $75K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 2,688 | $85.13 | $229K | yes | Form 4 |
| 2026-02-26 | Paradis Paul Director & President, Director | Sale | 2,302 | $86.10 | $198K | yes | Form 4 |
| 2026-03-03 | Brading Lee Dickson Chief Financial Officer | Sale | 896 | $70.93 | $64K | no | Form 4 |
| 2026-03-03 | Brading Lee Dickson Chief Financial Officer | Sale | 143 | $71.41 | $10K | no | Form 4 |
| 2026-03-03 | Brading Lee Dickson Chief Financial Officer | Sale | 201 | $73.38 | $15K | no | Form 4 |
| 2026-03-03 | Hollis Kerissa General Counsel and Secretary | Sale | 169 | $70.93 | $12K | no | Form 4 |
| 2026-03-03 | Hollis Kerissa General Counsel and Secretary | Sale | 26 | $71.41 | $2K | no | Form 4 |
| 2026-03-03 | Hollis Kerissa General Counsel and Secretary | Sale | 38 | $73.38 | $3K | no | Form 4 |
| 2026-03-03 | Krause Justin SVP FINANCE AND CONTROLLER | Sale | 1,017 | $70.93 | $72K | no | Form 4 |
| 2026-03-03 | Krause Justin SVP FINANCE AND CONTROLLER | Sale | 159 | $71.41 | $11K | no | Form 4 |
| 2026-03-03 | Krause Justin SVP FINANCE AND CONTROLLER | Sale | 228 | $73.38 | $17K | no | Form 4 |
| 2026-03-03 | Paradis Paul Director & President, Director | Sale | 3,811 | $70.93 | $270K | no | Form 4 |
| 2026-03-03 | Paradis Paul Director & President, Director | Sale | 590 | $71.41 | $42K | no | Form 4 |
| 2026-03-03 | Paradis Paul Director & President, Director | Sale | 856 | $73.38 | $63K | no | Form 4 |
| 2026-03-03 | Sabzivand Amin Chief Operating Officer | Sale | 3,710 | $70.93 | $263K | no | Form 4 |
| 2026-03-03 | Sabzivand Amin Chief Operating Officer | Sale | 576 | $71.41 | $41K | no | Form 4 |
| 2026-03-03 | Sabzivand Amin Chief Operating Officer | Sale | 832 | $73.38 | $61K | no | Form 4 |
| 2026-03-03 | Youakim Charles Executive Chairman and CEO, Director, 10% owner | Sale | 5,209 | $70.93 | $369K | no | Form 4 |
Showing 25 of 27 transactions.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-27 to 2026-03-27. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As a result, the Company's Consolidated Statements of Cash Flows for the following periods (collectively, the "Restated Consolidated Statements of Cash Flows") should no longer be relied upon: (1) the year ended December 31, 2024, (2) the three months ended March 31, 2024, and 2025, (3) the six months ended June 30, 2024 and 2025, and (4) the nine months ended September 30, 2024 and 2025."
Quoted from the filing. Source
The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.
Why this score: also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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