Sezzle Inc. activist holder Charles Youakim’s beneficial ownership fell to 13,413,162 common shares, or 39.6% of the class, after he ceased to have voting or dispositive power over 2020 Trust shares. The position still includes Cerro Gordo LLC holdings and options, giving investors a defined breakdown of the reported ownership.

Key Highlights

  • A 2023 restricted stock unit grant vested with respect to 19,737 shares on July 1, 2026.
  • The filing reports 13,413,162 shares of Common Stock beneficially owned, representing 39.6% of Sezzle’s outstanding common stock.
  • Effective September 2, 2026, Charles Youakim ceased to have voting or dispositive power over shares held by the 2020 Trust.

Sezzle Inc. (NASDAQ: SEZL) now has Charles Youakim beneficially owning 13,413,162 common shares, or 39.6% of the class. The change took effect September 2, 2026. Its stated purpose is to report material changes in beneficial ownership and arrangements involving Sezzle common stock.

Youakim’s Beneficial Position

Youakim’s individual holdings account for 12,346,326 shares. That figure includes 67,474 shares tied to the future vesting of currently unvested restricted stock units. Beneficial ownership is calculated using 33,764,222 common shares outstanding as of September 2, 2026, together with the 119,466 shares purchasable through the relevant options.

RSU Settlement Changed Holdings

The 2023 restricted stock unit grant vested with respect to 19,737 shares on July 1, 2026. Sezzle settled that portion by issuing 12,759 common shares on August 10, 2026. The settlement and forfeiture were among the transactions involving Sezzle common stock during the 60 days before the ownership update.