Monitor for the actual sale on Form 4 and any subsequent insider selling patterns. The trust is closely tied to the CEO/Chairman, so this signals potential insider distribution at current levels.
Price Chart
Executive Summary
The Charles G. Youakim 2020 GST Trust, an affiliate of Sezzle Inc. (SEZL), filed a Form 144 notice of intent to sell 350,000 common shares with an approximate market value of $41,027,000. The trust is the reporting owner, and the sale is to be executed through J.P. Morgan Securities LLC. This represents a material insider selling event given the large share count and dollar value.
Key Facts
- Form 144 filed on 2026-10-09 by the Charles G. Youakim 2020 GST Trust, an affiliate of Sezzle Inc.
- Proposed sale of 350,000 shares of common stock.
- Estimated aggregate market value of the proposed sale is $41,027,000.
- Broker for the sale is J.P. Morgan Securities LLC.
- The trust's total holdings are reported as 33,675,014 shares, so the proposed sale represents approximately 1.04% of the trust's position.
- Shares were acquired as a gift from Charles G. Youakim on 03/20/2020.
Financial Impact
Proposed sale of 350,000 shares valued at approximately $41 million, representing about 1% of the trust's holdings.
Risk Factors
- Insider selling by a trust associated with the CEO/Chairman could signal reduced conviction or a need for liquidity.
- The proposed sale is large in absolute dollar terms ($41M) and may pressure the stock if executed in the open market.
- Form 144 is only an intent to sell; the sale may not occur, but the filing itself is a negative signal.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001968582-26-001048 |
| Document: 0001968582-26-001048-index.html | 0001968582-26-001048 |
| Document: 0001968582-26-001048.txt | 0001968582-26-001048 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $132.12 | awaiting T+5 | — | $127.44 (−3.54%) |
Oct 19, 2026 7d ago | Press Release | $128.05 $126.01 | ▼ −1.59% | ▼ −1.45% | $127.44 (−0.48%) |
Oct 9, 2026 17d ago | DEF 14A | $130.48 $128.05 | ▼ −1.86% | ▼ −0.37% | $127.44 (−2.33%) |
Oct 9, 2026 17d ago | 144 | $130.48 $128.05 | ▼ −1.86% | ▼ −0.37% | $127.44 (−2.33%) |
Oct 9, 2026 17d ago | 144 | $130.48 $128.05 | ▲ +1.86% | ▲ +0.37% | $127.44 (+2.33%) |
Oct 8, 2026 18d ago | 8-K | $128.64 $127.65 | ▼ −0.77% | ▲ +1.20% | $127.44 (−0.93%) |
Oct 6, 2026 20d ago | Press Release | $112.84 $130.05 | ▲ +15.25% | ▲ +15.39% | $127.44 (+12.94%) |
Sep 29, 2026 27d ago | Press Release | $107.97 $112.84 | ▲ +4.51% | ▲ +2.56% | $127.44 (+18.03%) |
Aug 28, 2026 8w ago | Insider Cluster | $120.55 $118.35 | ▼ −1.82% | ▼ −1.68% | $127.44 (+5.72%) |
Aug 28, 2026 8w ago | 8-K | $120.55 $118.35 | ▼ −1.82% | ▼ −1.68% | $127.44 (+5.72%) |
US Market Status
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