Daily Family entity buys 50K i3 Verticals (IIIV) shares in open market

Rhea-AI Filing Summary

i3 Verticals, Inc. insider activity shows an indirect open-market share purchase tied to CEO Gregory S. Daily. Daily Family Investment, LLC purchased 50,000 shares of Class A common stock in the open market at a weighted average price of $19.23 per share, with individual trades ranging from $18.72 to $19.35.

These 50,000 shares are held by Daily Family Investment, LLC, where Daily serves as tax matters partner, and he disclaims beneficial ownership except for his pecuniary interest. The filing also reports indirect holdings of 134,800 shares via GSD Family Investments, LLC, 82,087 shares via Hardsworth LLC, 10,796 shares held by his daughter, and 88,544 shares held directly, providing a snapshot of his overall equity exposure.

Insights

Equity analyst

CEO-linked entity executes a sizeable open-market buy via family LLC.

The filing shows Daily Family Investment, LLC, associated with CEO Gregory S. Daily, purchasing 50,000 shares of i3 Verticals Class A common stock in the open market at a weighted average price of $19.23 per share. Open-market purchases are active decisions, unlike grants or tax withholdings.

The value of this transaction is significant in absolute terms, but its proportional impact depends on the company’s total share count, which is not detailed here. Footnotes clarify that Daily disclaims beneficial ownership beyond his pecuniary interest, and several indirect entities and a direct holding together illustrate a diversified personal stake.

Because this is a single open-market purchase with no derivatives exercised and no sales reported, it represents a net-buy pattern in the period. Subsequent company filings may further contextualize how this position fits within his longer-term ownership and trading history.

Insider Trade Summary

Net Buyer: 50,000 shares ($961,500)

Net Buy 5 txns

Insider DAILY GREGORY S

Role Chief Executive Officer

Bought 50,000 shs ($962K)

Type	Security	Shares	Price	Value
Purchase	Class A common stock, par value $0.0001 per share	50,000	$19.23	$962K
holding	Class A common stock, par value $0.0001 per share	--	--	--
holding	Class A common stock, par value $0.0001 per share	--	--	--
holding	Class A common stock, par value $0.0001 per share	--	--	--
holding	Class A common stock, par value $0.0001 per share	--	--	--

Holdings After Transaction: Class A common stock, par value $0.0001 per share — 50,000 shares (Indirect, By Daily Family Investment, LLC); Class A common stock, par value $0.0001 per share — 88,544 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.72 to $19.35, inclusive. The reporting person undertakes to provide to i3 Verticals, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer held by Daily Family Investment, LLC, of which the Reporting Person serves as tax matters partner. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Represents shares of Class A Common Stock of the Issuer held by GSD Family Investments, LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by GSD Family Investments, LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Represents shares of Class A Common Stock of the Issuer held by Hardsworth LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by Hardsworth LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Key Figures

Open-market purchase size: 50,000 shares Weighted average purchase price: $19.23 per share Price range of purchases: $18.72–$19.35 per share +4 more

7 metrics

Open-market purchase size 50,000 shares Class A common stock bought by Daily Family Investment, LLC

Weighted average purchase price $19.23 per share Open-market buy on 2026-05-14

Price range of purchases $18.72–$19.35 per share Multiple transactions included in Form 4 footnote

Direct holding after report 88,544 shares Direct ownership of Gregory S. Daily

Indirect holding via GSD Family Investments, LLC 134,800 shares Indirect Class A common stock ownership

Indirect holding via Hardsworth LLC 82,087 shares Indirect Class A common stock ownership

Indirect holding by daughter 10,796 shares Shares held by daughter, disclaimed except pecuniary interest

Key Terms

open-market purchase, weighted average price, indirect beneficial owner, pecuniary interest, +1 more

5 terms

open-market purchase financial

"Daily Family Investment, LLC purchased 50,000 shares of Class A common stock in the open market"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

indirect beneficial owner financial

"may be deemed for purposes of Section 16 to be the indirect beneficial owner"

pecuniary interest financial

"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"

Section 16 of the Securities Exchange Act of 1934 regulatory

"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"

A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DAILY GREGORY S

(Last) (First) (Middle)

40 BURTON HILLS BOULEVARD

SUITE 415

(Street)

NASHVILLE TENNESSEE 37215

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
i3 Verticals, Inc. [ IIIV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock, par value $0.0001 per share	05/14/2026		P		50,000	A	$19.23(1)	50,000	I	By Daily Family Investment, LLC(2)
Class A common stock, par value $0.0001 per share								88,544	D
Class A common stock, par value $0.0001 per share								134,800	I	By GSD Family Investments, LLC(3)
Class A common stock, par value $0.0001 per share								82,087	I	By Hardsworth LLC(4)
Class A common stock, par value $0.0001 per share								10,796	I	By daughter(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.72 to $19.35, inclusive. The reporting person undertakes to provide to i3 Verticals, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

2. Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer held by Daily Family Investment, LLC, of which the Reporting Person serves as tax matters partner. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

3. Represents shares of Class A Common Stock of the Issuer held by GSD Family Investments, LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by GSD Family Investments, LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

4. Represents shares of Class A Common Stock of the Issuer held by Hardsworth LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by Hardsworth LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

5. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Remarks:

	/s/ Paul Maple, Attorney-in-Fact for Gregory S. Daily	05/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did i3 Verticals (IIIV) report for Gregory S. Daily?

i3 Verticals reported that Daily Family Investment, LLC, an entity associated with CEO Gregory S. Daily, purchased 50,000 shares of Class A common stock. The shares were bought in the open market, providing additional indirect equity exposure tied to the company’s chief executive.

At what price did the Daily Family Investment, LLC buy IIIV shares?

The 50,000 IIIV shares were purchased at a weighted average price of $19.23 per share. Individual trades occurred across multiple transactions within a price range from $18.72 to $19.35, as disclosed in the footnote describing the execution prices.

How many i3 Verticals shares are held through Daily Family Investment, LLC after the Form 4?

After the reported transaction, Daily Family Investment, LLC holds 50,000 shares of i3 Verticals Class A common stock. Gregory S. Daily serves as tax matters partner of this entity and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.

What other indirect holdings of IIIV shares are associated with Gregory S. Daily?

The filing lists 134,800 IIIV shares held by GSD Family Investments, LLC, 82,087 shares held by Hardsworth LLC, and 10,796 shares held by his daughter. Daily may be deemed an indirect beneficial owner of some of these holdings, subject to the pecuniary-interest disclaimers in the footnotes.

Does Gregory S. Daily hold any i3 Verticals shares directly?

Yes. The Form 4 shows a direct holding of 88,544 shares of i3 Verticals Class A common stock. This direct position is in addition to various indirect holdings through family-related entities and relatives referenced elsewhere in the filing’s ownership table.

Were any IIIV shares sold or derivatives exercised in this Form 4?

No sales or derivative exercises are reported in this Form 4. The transaction summary shows one open-market purchase totaling 50,000 shares and no sales, gifts, tax withholdings, or option exercises, resulting in a net-buy position for the reported period.