Paradis Paul, a director and president, has demonstrated a consistent pattern of selling shares in SEZL, with no recorded purchases across 25 transactions totaling nearly $8.9 million in proceeds. The activity has been concentrated entirely in SEZL, with no trades in other companies. Recent filings show an acceleration in sales, with 22 disposals since July 2025, including a cluster of transactions in late February and early March 2026. On February 26, 2026, Paul sold shares worth over $2.3 million across eight separate filings, with individual transactions ranging from $74,673.60 to $533,832.30. This was followed by additional sales on March 3, 2026, totaling $375,254.43.
The selling trend dates back to mid-2025, with weekly disposals throughout July and August of that year, often in increments between $264,630 and $546,090. Two notable Form 4 filings in 2025—on July 1 and November 12—involved larger transactions, including a $1.19 million sale and a $412,451.10 disposition, both coded as "F" for derivative transactions. The absence of any buy transactions suggests a one-sided reduction in Paul’s position in SEZL, though the reasons remain undisclosed in the filings. The sustained selling activity, particularly the high-volume disposals in early 2026, indicates a continued unwinding of holdings in the company.
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