secwatch.observer — SEC 8-K summary
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Issuer:     Sezzle Inc. (SEZL)
CIK:        0001662991
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001662991-24-000205
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sezzle appoints Stephen East and Kyle Brehm as directors; Cutter and Lahiff resign
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- Michael Cutter and Paul Alan Lahiff resigned as directors on July 18 and July 20, 2024, effective immediately.
- Appointed Stephen F. East (former Wells Fargo MD/analyst) and Kyle M. Brehm (Fredrikson & Byron attorney) to board effective July 18, 2024.
- East chairs Compensation, Nominating/Governance, and Audit/Risk Committees; Brehm serves as member on all three.
- Each new director gets $60,000 annual retainer plus committee fees; granted 500 RSUs (~$42,165) vesting over ~3.7 years.
- Both directors deemed independent under NASDAQ rules; appointments fill two board vacancies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662991/000166299124000205/0001662991-24-000205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662991/000166299124000205/szl-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001662991-24-000205

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