Geoffrey C. Smith, Chief Financial Officer of i3 Verticals, Inc. (NASDAQ:IIIV), a technology and services company, filed a statement of changes in beneficial ownership on September 22, 2026, reporting a share disposition tied to the vesting of restricted stock units originally granted on September 20, 2024.

Key Highlights

  • Reporting person: Geoffrey C. Smith, Chief Financial Officer of i3 Verticals, Inc.
  • Transaction date: September 20, 2026, with the filing signed and submitted on September 22, 2026.
  • Shares withheld: 1,476 shares of Class A common stock (par value $0.0001 per share) were disposed of at $14.78 per share to cover tax obligations upon RSU vesting.
  • RSU origin: The 1,476 withheld shares relate to 3,750 restricted stock units originally granted on September 20, 2024.
  • Remaining ownership: Following the transaction, Smith directly holds 54,819 shares of Class A common stock.
  • Transaction code: The disposition was recorded under transaction code F, indicating shares withheld by the issuer for tax withholding purposes.

Geoffrey C. Smith's RSU Vesting and Tax Withholding at i3 Verticals

According to the filing, Smith's disposition of 1,476 shares on September 20, 2026, was not an open-market sale. The filing states that the transaction "reflects the shares withheld to cover the payment of taxes following the vesting of 3,750 restricted stock units originally granted on September 20, 2024." The shares were withheld at a price of $14.78 each, and the transaction was coded F, which under SEC reporting conventions denotes tax-withholding by the issuer rather than a voluntary market sale.

i3 Verticals, Inc. is identified in the filing as the issuer, trading on NASDAQ under the symbol IIIV, and is headquartered at 40 Burton Hills Blvd., Suite 415, Nashville, Tennessee 37215. Smith is listed as an officer in the capacity of Chief Financial Officer. The filing was submitted by Paul Maple, Attorney-in-Fact for Geoffrey C. Smith, and is a filing by one reporting person. No derivative securities transactions were reported in Table II of the filing. Following the reported withholding, Smith's direct beneficial ownership in the company stands at 54,819 shares of Class A common stock.

What Was Disclosed

The filing reports that i3 Verticals CFO Geoffrey C. Smith had 1,476 shares of Class A common stock withheld at $14.78 per share on September 20, 2026, for tax purposes upon the vesting of restricted stock units granted in 2024, leaving him with direct ownership of 54,819 shares.