IIIV Form 144 Filed for 1,890 Restricted Shares Sale on NASDAQ
Rhea-AI Filing Summary
i3 Verticals, Inc. filed a Form 144 disclosing a proposed sale of 1,890 shares of common stock through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $59,340.90. The sale is expected to be executed on or about 08/29/2025 on NASDAQ.
The filing shows the shares were acquired as restricted stock in two tranches of 945 shares each on 11/16/2023 and 11/16/2024. The issuer’s outstanding shares are reported as 32,265,204. The filer states there were no securities sold by the person in the past three months and includes the required attestation about absence of undisclosed material information.
Positive
- Planned sale clearly disclosed with broker, expected date, and aggregate market value
- Acquisition details provided showing restricted stock dates (11/16/2023 and 11/16/2024) and amounts (945 shares each)
- No sales in the past three months reported for the selling person
Negative
- None.
Insights
Routine insider notice of proposed sale; limited market impact given size relative to shares outstanding.
The Form 144 is a standard regulatory notice describing a planned sale of 1,890 restricted shares via a broker on NASDAQ with an aggregate market value of $59,340.90. The disclosure lists acquisition dates and nature (restricted stock) for two tranches and confirms no sales in the prior three months. Given the small volume versus 32.27 million shares outstanding, this filing appears procedural and unlikely to materially affect company valuation.
Disclosure satisfies Rule 144 procedural requirements; includes required attestations and broker details.
The document provides the necessary seller representation about material information and identifies the broker and expected sale date. It documents that the shares originated from company-issued restricted stock awards. From a governance and compliance perspective, the filing appears complete for a Rule 144 notice.
FAQ
What does i3 Verticals (IIIV) disclose in this Form 144?
How many shares were acquired and when were they granted?
Are there any reported sales of the issuer's securities by the filer in the past three months?
On which exchange will the proposed sale occur and what is the issuer's shares outstanding?
Who is the broker named in the filing for the proposed sale?