Form 4: i3 Verticals CRO Sells Shares

i3 Verticals' Chief Revenue Officer, Paul Christians, sold 3,292 shares of Class A common stock for $23.78 per share.

Summary

• Paul Christians, the Chief Revenue Officer of i3 Verticals, Inc. (IIIV), reported a transaction involving the company's Class A common stock.
• On November 26, 2025, Mr. Christians disposed of 3,292 shares of Class A common stock.
• The shares were sold at a price of $23.78 per share.
• Following this transaction, Mr. Christians beneficially owns 54,818 shares of Class A common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider sale by the Chief Revenue Officer, which represents a relatively small portion of his total holdings and does not inherently signal a strong positive or negative outlook for the company.

Negatives

• The sale of shares by a Chief Revenue Officer, while potentially for personal financial planning, could be perceived by some investors as a slight negative signal regarding future company prospects.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Paul Christians, Chief Revenue Officer of i3 Verticals, Inc., sold 3,292 shares of the company's Class A common stock for $23.78 per share on November 26, 2025. This is a direct transaction by a related party (an officer).

Stakeholder Impact

• Shareholders may interpret the sale of shares by a Chief Revenue Officer differently; some may view it as a neutral event for personal financial planning, while others might perceive it as a slight negative signal regarding future company prospects, though the amount sold is not a large percentage of total holdings.

Key Dates

Keywords

i3 Verticals, IIIV, Paul Christians, Chief Revenue Officer, Insider Trading, Stock Sale, Form 4, Equity Securities