i3 Verticals (IIIV) CRO Paul Christians Sells Shares

What Happened Paul Christians, Chief Revenue Officer of i3 Verticals, sold 6,122 shares of IIIV stock in an open-market disposition on March 6, 2026. The weighted-average sale price reported was $23.23 per share, resulting in proceeds of approximately $142,214. This filing reports a sale (disposition), which is a routine insider transaction and does not by itself indicate the insider's view of the company.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
• Price: weighted average $23.23 per share; sales occurred at prices ranging from $23.06 to $23.46 (see footnote).
• Shares sold: 6,122; total proceeds ≈ $142,214.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The reported price is a weighted average; the seller states they will provide a breakdown of the number of shares sold at each price on request.
• Timeliness: Form 4 was filed 2026-03-09 for a 2026-03-06 transaction; the filing itself does not state that it was late. Form 4s are generally due within two business days—confirm with the SEC filing record if timing is a concern.

Context This was an open-market sale of previously held shares (transaction code S). Sales by insiders can be routine (e.g., diversification, personal liquidity, tax obligations) and are not inherently a signal about company fundamentals. Retail investors should consider this trade alongside other insider activity, company news, and financials before drawing conclusions.