CEO Charles Youakim was paid $1,100,403 in fiscal year 2025, ↓ down 50.5% from fiscal year 2024, the 1st percentile of its disclosed peer group (SEC filing 0001662991-26-000167 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$1,241,660 Amin Sabzivand total, FY2025 Chief Operating Officer — highest-paid officer; CEO Charles Youakim: $1,100,403 | 1st CEO (Charles Youakim) pay percentile vs peers | — CEO-to-median pay ratio | 98.91% Say-on-pay support, latest vote |
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SEZL's next annual pay disclosure, estimated October 9, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Amin Sabzivand | $368,955 | $218,778 | $463,920 | $0 | $169,007 | $0 | $21,000 | $1,241,660 |
| Chief Operating Officer | ||||||||
| Charles Youakim | 548,653 | 55,157 | 0 | 0 | 496,408 | 0 | 185 | 1,100,403 |
| Executive Chairman and Chief Executive Officer | ||||||||
| Paul Paradis | 370,994 | 18,649 | 0 | 0 | 167,833 | 0 | 21,002 | 578,478 |
| Executive Director and President | ||||||||
| Karen Hartje | 303,987 | 0 | 0 | 0 | 0 | 0 | 41,135 | 345,122 |
| former Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Amin Sabzivand | $1,241,660 | $3,475,197 | — | ↓ −2,233,537 |
| Charles Youakim | 1,100,403 | 2,224,113 | 1,943,439 | ↓ −1,123,710 |
| Paul Paradis | 578,478 | 1,572,295 | 1,224,797 | ↓ −993,817 |
| Karen Hartje | 345,122 | 1,432,434 | 1,010,314 | ↓ −1,087,312 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Data as of October 9, 2026 · Source: 0001662991-26-000167 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).
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One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Karen Webster | Independent Director | — |
| Kyle Brehm | Independent Director | $137,325 |
| Mike Cutter | Former director (through FY2024) | — |
| Paul Lahiff | Former director (through FY2024) | — |
| Paul Purcell | Former director (through FY2024) | — |
| Stephen East | Independent Director | $152,742 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Amin Sabzivand | RSU | 2025-03-20 | — | — | 12,000 | — | $463,920 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Amin Sabzivand | $463,920 | $0 | $0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Paul Paradis | RSU | 59,208 | — | $3,758,524 |
| Charles Youakim | RSU | 98,688 | — | 6,264,714 |
| Amin Sabzivand | RSU | 93,750 | — | 5,951,250 |
| Paul Paradis | RSU | 37,500 | — | 2,380,500 |
| Amin Sabzivand | RSU | 29,610 | — | 1,879,643 |
| Amin Sabzivand | RSU | 12,000 | — | 761,760 |
| Charles Youakim | Option | 40,512 | 11.38 | — |
Our executive compensation program has been designed to motivate, reward, attract, and retain a highly talented team of executive officers. The program seeks to align executive compensation with our annual and longer-term business objectives.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | False |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-06-10 | 22,065,307 | 195,097 | 47,550 | 98.91% | Passed |
| 2024 | 2024-11-19 | — | — | — | — | — |
| 2022 | 2022-05-31 | 99,535,261 | 445,163 | 4,256,339 | 95.49% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-06-10 | 98.91%a |
| 2024 | 2024-11-19 | —b |
| 2022 | 2022-05-31 | 95.49%c |
a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote AGAINST this proposal and broker non-votes will have no effect.”.
b. Voting standard not stated in the filing.
c. Approved under the standard stated in the filing — “Abstentions have the same effect as a vote "AGAINST" the matter.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Stephen EastIndependent · Compensation (Chair) · Nominating and Corporate Governance (Chair) · Audit and Risk (Chair) | $90,000 | $59,862 | $0 | $0 | $2,880 | $152,742 |
| Kyle BrehmIndependent · Compensation · Nominating and Corporate Governance · Audit and Risk | 75,000 | 59,862 | 0 | 0 | 2,463 | 137,325 |
| Paul ParadisEmployee director | — | — | — | — | — | 0 |
| Charles YouakimEmployee director · Board Chair · Independent Non-Executive Director (Chair) | — | — | — | — | — | 0 |
| Bryan HuntIndependent · Compensation · Nominating and Corporate Governance · Audit and Risk · Partial-year service · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 3,750 / 7,500 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $165,000 |
| Equity awards (grant-date value) | $119,724 |
| All other compensation | $5,343 |
| Total cost of the board | $290,067 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Sezzle Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Sezzle Inc..
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock Inc.(1) | 2025 | Laurence Fink | $1,500,000 | $24,600,184 | $0 | $0 | $37,749,569 |
| 2 | Sezzle Inc. | 2025 | Charles Youakim | 548,653 | 0 | 0 | 496,408 | 1,100,403 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Sezzle Inc. | 90% | RSU 100 | not disclosed | FW Cook |
| BlackRock Inc.(1) | not disclosed | PSU 74 · RSU 26 | No | Semler Brossy |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Amin Sabzivand | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Summary Compensation Table” · page 34. As printed: 1,241,660. Filing ↗machine: span 434728–434737 |
| 2 | Section 01, Charles Youakim | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Summary Compensation Table” · page 34. As printed: 1,100,403. Filing ↗machine: span 409400–409409 |
| 3 | Section 01, Paul Paradis | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Summary Compensation Table” · page 34. As printed: 578,478. Filing ↗machine: span 418289–418296 |
| 4 | Section 01, Karen Hartje | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Summary Compensation Table” · page 34. As printed: 345,122. Filing ↗machine: r8 · c27 · span 426149–426156 |
| 5 | Section 03, Amin Sabzivand RSU | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 6 | Section 08, Stephen East | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Director Compensation”. As printed: 152,742. Filing ↗machine: span 227102–227349 |
| 7 | Section 08, Kyle Brehm | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Director Compensation”. As printed: 137,325. Filing ↗machine: span 224281–224417 |
| 8 | Section 08, Paul Paradis | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 9 | Section 08, Charles Youakim | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 08, Bryan Hunt | 10-K | 2026-10-09 | 0001662991-26-000167 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 11 | Section 06, 2025 vote | Form 8-K | 2025-06-13 | 0001662991-25-000145 | Item 5.07 · say-on-pay result. As reported: 98.91% (votes for as printed: 22,065,307). Filing ↗ |
| 12 | Section 06, 2024 vote | Form 8-K | 2024-11-22 | 0001662991-24-000308 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 13 | Section 06, 2022 vote | Form 8-K | 2022-06-06 | 0001662991-22-000020 | Item 5.07 · say-on-pay result. As reported: 95.49%. Filing ↗ |
| 14 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 15 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 16 | Section 09b board cost (computed) | Computed | — | — | Cash 165,000 + equity 119,724 + all other 5,343 = 290,067, summed across the director compensation table rows.machine: formula: Σ = 290,067 |
| 17 | BlackRock Inc.(1), Section 10b CEO total | DEF 14A | 2026-04-10 | 0001308179-26-000262 | CEO total compensation as printed in BlackRock Inc.(1)'s own proxy. As printed: 37,749,569. Filing ↗machine: span 1984856–1984866 |
| 18 | Sezzle Inc. (subject), Section 10b CEO total | 10-K | 2026-10-09 | 0001662991-26-000167 | CEO total compensation as printed in Sezzle Inc.'s own proxy. As printed: 1,100,403. Filing ↗machine: span 409400–409409 |
| 19 | Section 10a, BlackRock Inc.(1) reciprocity | DEF 14A | — | 0001308179-26-000262 | BlackRock Inc.(1)'s most recent proxy was read; its disclosed peer group does not include Sezzle Inc.. Filing ↗ |
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