[Form 4] i3 Verticals, Inc. Insider Trading Activity
Timothy McKenna, a director of i3 Verticals, Inc. (IIIV), reported multiple transactions on 08/12/2025 involving Class A common stock and stock options. The report shows options with exercise prices of $23.65, $21.30 and $19.22 fully vested and 9,141; 10,297; and 11,508 option rights respectively were reported as acquired (Code M) with zero options remaining after the transactions. On the same date the reporting person acquired additional shares and sold shares: a weighted-average sale of 24,064 shares at $31.58 and 6,882 shares sold at a weighted-average $31.81 (range $31.50–$32.09). Following these transactions the filing reports 10,758; 3,876; and 34,822 shares beneficially owned on various lines. The form was signed by an attorney-in-fact on 08/14/2025.
Timothy McKenna, amministratore di i3 Verticals, Inc. (IIIV), ha segnalato il 12/08/2025 più operazioni su azioni ordinarie di Classe A e opzioni. La comunicazione indica opzioni totalmente maturate con prezzi di esercizio di 23,65$, 21,30$ e 19,22$; rispettivamente sono stati acquisiti 9.141, 10.297 e 11.508 diritti di opzione (Codice M), e dopo le operazioni non risultano opzioni residue. Nello stesso giorno la persona segnalante ha acquistato e venduto azioni: una vendita ponderata di 24.064 azioni a 31,58$ e 6.882 azioni vendute a un prezzo medio ponderato di 31,81$ (intervallo 31,50–32,09$). Dopo tali operazioni la dichiarazione riporta il possesso beneficiario di 10.758; 3.876; e 34.822 azioni su varie righe. Il modulo è stato firmato per procura il 14/08/2025.
Timothy McKenna, director de i3 Verticals, Inc. (IIIV), declaró varias transacciones el 12/08/2025 relacionadas con acciones ordinarias Clase A y opciones sobre acciones. El informe muestra opciones totalmente adquiridas con precios de ejercicio de 23,65$, 21,30$ y 19,22$; se reportaron como adquiridos 9.141, 10.297 y 11.508 derechos de opción (Código M) y no quedaron opciones tras las operaciones. Ese mismo día la persona informante compró y vendió acciones: una venta ponderada de 24.064 acciones a 31,58$ y 6.882 acciones vendidas a un precio medio ponderado de 31,81$ (rango 31,50–32,09$). Tras estas transacciones el formulario indica la titularidad beneficiaria de 10.758; 3.876; y 34.822 acciones en distintas líneas. El formulario fue firmado por apoderado el 14/08/2025.
i3 Verticals, Inc. (IIIV) 이사의 한 명인 Timothy McKenna가 2025-08-12에 클래스 A 보통주 및 스톡옵션에 관한 다수의 거래를 보고했습니다. 보고서에는 행사 가격이 23.65달러, 21.30달러, 19.22달러인 옵션이 전부 권리확정(fully vested)됐으며 각각 9,141; 10,297; 11,508개의 옵션 권리가 취득(코드 M)된 것으로 기재되어 있고, 거래 후 남아 있는 옵션은 없습니다. 같은 날 보고자는 추가 주식을 취득하고 주식을 매도했습니다: 가중평균 가격 31.58달러로 24,064주 매도와 가중평균 31.81달러(범위 31.50–32.09달러)로 6,882주 매도가 있었습니다. 이 거래들 이후 신고서에는 여러 항목에 걸쳐 10,758; 3,876; 및 34,822주의 실질적 보유가 보고되어 있습니다. 서류는 2025-08-14에 대리인이 서명했습니다.
Timothy McKenna, administrateur d'i3 Verticals, Inc. (IIIV), a déclaré plusieurs opérations le 12/08/2025 portant sur des actions ordinaires de classe A et des options d'achat d'actions. Le rapport indique des options pleinement acquises avec des prix d'exercice de 23,65$, 21,30$ et 19,22$ ; respectivement 9 141, 10 297 et 11 508 droits d'option ont été déclarés acquis (Code M) et aucune option ne subsiste après les opérations. Le même jour, la personne déclarante a acquis et vendu des actions : une vente pondérée de 24 064 actions à 31,58$ et 6 882 actions vendues à un prix moyen pondéré de 31,81$ (fourchette 31,50–32,09$). Après ces opérations, le dépôt indique une détention bénéficiaire de 10 758 ; 3 876 ; et 34 822 actions sur différentes lignes. Le formulaire a été signé par un mandataire le 14/08/2025.
Timothy McKenna, Direktor von i3 Verticals, Inc. (IIIV), meldete am 12.08.2025 mehrere Transaktionen mit Class-A-Stammaktien und Aktienoptionen. Der Bericht weist vollständig unverfallbare Optionen mit Ausübungspreisen von 23,65$, 21,30$ und 19,22$ aus; jeweils wurden 9.141, 10.297 bzw. 11.508 Optionsrechte als erworben (Code M) gemeldet, und nach den Transaktionen blieben keine Optionen mehr. Am selben Tag erwarb die meldende Person zusätzliche Aktien und verkaufte Aktien: ein gewichteter Verkauf von 24.064 Aktien zu 31,58$ und 6.882 Aktien zu einem gewichteten Durchschnittspreis von 31,81$ (Spanne 31,50–32,09$). Nach diesen Vorgängen gibt die Einreichung einen wirtschaftlichen Besitz von 10.758; 3.876; und 34.822 Aktien in verschiedenen Positionen an. Das Formular wurde am 14.08.2025 von einem Bevollmächtigten unterschrieben.
- Options vested fully on the first anniversary of the grant date, per the filing
- Reporting includes weighted-average sale pricing and a footnote offering transaction-level details, supporting disclosure completeness
- Substantial insider sales reported (24,064 shares at $31.58 weighted-average and 6,882 shares at $31.81 weighted-average), reducing beneficial holdings
- No additional context provided about intent behind sales (liquidity vs. other), limiting investor insight
Insights
TL;DR: Insiders exercised vested options and executed share sales on 08/12/2025; overall activity appears routine rather than transformative.
The filing documents multiple option exercises (codes labeled M) for 9,141, 10,297 and 11,508 option rights at exercise prices of $23.65, $21.30 and $19.22 that vested fully on the first anniversary of the grant date. Concurrently, substantial open-market sales occurred: 24,064 shares at a weighted-average $31.58 and 6,882 shares at a weighted-average $31.81 (sales ranged $31.50–$32.09). These combined option-to-share transactions suggest typical insider liquidity events rather than corporate changes. No new material corporate actions, financing or disclosures of agreements are present in the Form 4 text.
TL;DR: Director reported standard insider exercises and sales; disclosures meet Section 16 content requirements.
The report discloses that options vested fully per the grant terms and were exercised (or otherwise reported under Code M) on 08/12/2025, with corresponding acquisitions recorded. The filer also reported multiple share dispositions, including aggregated weighted-average sale pricing and an explicit footnote offering to supply per-transaction sale details. The form is signed by an attorney-in-fact, indicating proper execution. There are no indications of related-party transactions or other governance issues in the filing text provided.
Timothy McKenna, amministratore di i3 Verticals, Inc. (IIIV), ha segnalato il 12/08/2025 più operazioni su azioni ordinarie di Classe A e opzioni. La comunicazione indica opzioni totalmente maturate con prezzi di esercizio di 23,65$, 21,30$ e 19,22$; rispettivamente sono stati acquisiti 9.141, 10.297 e 11.508 diritti di opzione (Codice M), e dopo le operazioni non risultano opzioni residue. Nello stesso giorno la persona segnalante ha acquistato e venduto azioni: una vendita ponderata di 24.064 azioni a 31,58$ e 6.882 azioni vendute a un prezzo medio ponderato di 31,81$ (intervallo 31,50–32,09$). Dopo tali operazioni la dichiarazione riporta il possesso beneficiario di 10.758; 3.876; e 34.822 azioni su varie righe. Il modulo è stato firmato per procura il 14/08/2025.
Timothy McKenna, director de i3 Verticals, Inc. (IIIV), declaró varias transacciones el 12/08/2025 relacionadas con acciones ordinarias Clase A y opciones sobre acciones. El informe muestra opciones totalmente adquiridas con precios de ejercicio de 23,65$, 21,30$ y 19,22$; se reportaron como adquiridos 9.141, 10.297 y 11.508 derechos de opción (Código M) y no quedaron opciones tras las operaciones. Ese mismo día la persona informante compró y vendió acciones: una venta ponderada de 24.064 acciones a 31,58$ y 6.882 acciones vendidas a un precio medio ponderado de 31,81$ (rango 31,50–32,09$). Tras estas transacciones el formulario indica la titularidad beneficiaria de 10.758; 3.876; y 34.822 acciones en distintas líneas. El formulario fue firmado por apoderado el 14/08/2025.
i3 Verticals, Inc. (IIIV) 이사의 한 명인 Timothy McKenna가 2025-08-12에 클래스 A 보통주 및 스톡옵션에 관한 다수의 거래를 보고했습니다. 보고서에는 행사 가격이 23.65달러, 21.30달러, 19.22달러인 옵션이 전부 권리확정(fully vested)됐으며 각각 9,141; 10,297; 11,508개의 옵션 권리가 취득(코드 M)된 것으로 기재되어 있고, 거래 후 남아 있는 옵션은 없습니다. 같은 날 보고자는 추가 주식을 취득하고 주식을 매도했습니다: 가중평균 가격 31.58달러로 24,064주 매도와 가중평균 31.81달러(범위 31.50–32.09달러)로 6,882주 매도가 있었습니다. 이 거래들 이후 신고서에는 여러 항목에 걸쳐 10,758; 3,876; 및 34,822주의 실질적 보유가 보고되어 있습니다. 서류는 2025-08-14에 대리인이 서명했습니다.
Timothy McKenna, administrateur d'i3 Verticals, Inc. (IIIV), a déclaré plusieurs opérations le 12/08/2025 portant sur des actions ordinaires de classe A et des options d'achat d'actions. Le rapport indique des options pleinement acquises avec des prix d'exercice de 23,65$, 21,30$ et 19,22$ ; respectivement 9 141, 10 297 et 11 508 droits d'option ont été déclarés acquis (Code M) et aucune option ne subsiste après les opérations. Le même jour, la personne déclarante a acquis et vendu des actions : une vente pondérée de 24 064 actions à 31,58$ et 6 882 actions vendues à un prix moyen pondéré de 31,81$ (fourchette 31,50–32,09$). Après ces opérations, le dépôt indique une détention bénéficiaire de 10 758 ; 3 876 ; et 34 822 actions sur différentes lignes. Le formulaire a été signé par un mandataire le 14/08/2025.
Timothy McKenna, Direktor von i3 Verticals, Inc. (IIIV), meldete am 12.08.2025 mehrere Transaktionen mit Class-A-Stammaktien und Aktienoptionen. Der Bericht weist vollständig unverfallbare Optionen mit Ausübungspreisen von 23,65$, 21,30$ und 19,22$ aus; jeweils wurden 9.141, 10.297 bzw. 11.508 Optionsrechte als erworben (Code M) gemeldet, und nach den Transaktionen blieben keine Optionen mehr. Am selben Tag erwarb die meldende Person zusätzliche Aktien und verkaufte Aktien: ein gewichteter Verkauf von 24.064 Aktien zu 31,58$ und 6.882 Aktien zu einem gewichteten Durchschnittspreis von 31,81$ (Spanne 31,50–32,09$). Nach diesen Vorgängen gibt die Einreichung einen wirtschaftlichen Besitz von 10.758; 3.876; und 34.822 Aktien in verschiedenen Positionen an. Das Formular wurde am 14.08.2025 von einem Bevollmächtigten unterschrieben.
FAQ
What transactions did Timothy McKenna report on Form 4 for IIIV?
How many option rights vested and what were their exercise prices?
What sale prices were reported for the share dispositions?
Who signed the Form 4 filing for Timothy McKenna?
Did the filing indicate any remaining options after the reported transactions?
