[144] i3 Verticals, Inc. SEC Filing

Rhea-AI Filing Summary

i3 Verticals, Inc. (IIIV) filed a Form 144 reporting an intended sale of 6,882 common shares through Morgan Stanley Smith Barney LLC on 08/12/2025 on NASDAQ for an aggregate market value of $218,868.93. The filing lists total shares outstanding as 32,265,204.

The shares were recorded as acquired on 08/12/2025 via a stock option exercise from the issuer and paid in cash. The filer indicates no securities sold in the past three months and includes the standard representation that the seller is not aware of any undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: Routine insider sale following an option exercise; small transaction relative to outstanding shares, appears immaterial to investors.

The Form 144 documents a planned sale of 6,882 common shares valued at $218,868.93, executed through Morgan Stanley Smith Barney LLC on NASDAQ. The shares were acquired the same day via a stock option exercise and paid in cash. The filer reports nothing sold in the prior three months. There are no earnings figures, debt changes, or other financial metrics in this filing, and the transaction appears to be a standard liquidity event rather than a company-specific development likely to move valuation.

Corporate Governance Expert

TL;DR: Disclosure complies with Rule 144 norms; includes standard attestation about material information and mention of trading-plan representation.

The notice contains the required broker, quantity, aggregate market value, acquisition method (stock option exercise), payment type (cash), and an attestation that the filer is unaware of undisclosed material adverse information. It also notes no securities sold in the prior three months. From a governance and disclosure perspective, the form provides the straightforward details regulators and investors expect for an insider-derived sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6882	218868.93	32265204	08/12/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/12/2025	Stock Option Exercise	Issuer			6882	08/12/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did i3 Verticals (IIIV) report in the Form 144?

The Form 144 reports an intended sale of 6,882 common shares via Morgan Stanley Smith Barney LLC on 08/12/2025 on NASDAQ with an aggregate market value of $218,868.93.

How were the shares acquired for the IIIV sale?

The shares were acquired on 08/12/2025 through a stock option exercise from the issuer, with payment made in cash.

Did the filer report other sales of IIIV in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Who is the broker handling the IIIV transaction?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

What representation does the filer make about material information?

By signing, the filer represents they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.