Director Paul Paradis sells 19.0K shares of SEZL at $191.05 avg (2026-07-15/16); scheduled 10b5-1 plan; retains 397.2K shares.
Paul Paradis, Director & President, executed 8 separate sales totaling 19.0K shares for $3.6M on 2026-07-15 and 2026-07-16, with a blended average price of $191.05. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-18, meaning the sales were scheduled and not discretionary timing decisions. The sales reduced his holdings from 416.2K to 397.2K shares (-4.6%), but he retains substantial common ownership. At current price of $174.67, the stock trades -10.8% from the 52-week high of $195.71 yet +19.0% over 30 days and +116.4% over 90 days, reflecting significant recent momentum. The company reports strong fundamentals with annual revenue growth of +66.1% and a market cap of $5.9B, though valuation at P/E 39.61 reflects elevated multiples. As a scheduled plan execution, this sale carries no timing signal but represents routine liquidity management by a substantial shareholder.