Form 4: i3 Verticals CFO Geoffrey C. Smith Sells 8,404 Shares of Common Stock
SEC Form 4 Filing
Geoffrey C. Smith, CFO of i3 Verticals, Inc., sold 8,404 shares of Class A common stock at an average price of $26.56 on May 15, 2025.
Summary
- On May 15, 2025, Geoffrey C. Smith, the Chief Financial Officer of i3 Verticals, Inc. (IIIV), sold 8,404 shares of Class A common stock.
- The sale was executed at a weighted average price of $26.56 per share, with individual transactions ranging from $26.56 to $26.59.
- Following the transaction, Smith directly owns 55,000 shares of i3 Verticals, Inc.
Sentiment
Score: 5
Explanation: Neutral. This is a standard SEC filing for an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived negatively by some investors, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Geoffrey C. Smith sold 8,404 shares of Class A common stock. |
| 05/15/2025 | Date of signature: Paul Maple, Attorney-in-Fact for Geoffrey C. Smith, signed the document. |
Keywords
i3 Verticals, IIIV, Geoffrey C. Smith, CFO, stock sale, Form 4, insider trading, Class A common stock
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