i3 Verticals (IIIV) director awarded 6,496 restricted stock units

Rhea-AI Filing Summary

i3 Verticals, Inc. director David K. Morgan reported receiving a grant of 6,496 shares of Class A common stock in the form of restricted stock units at a price of $0 per share. After this award, he beneficially owns 20,372 Class A shares directly. The restricted stock units will vest in full on the first anniversary of the grant date, as long as he continues serving with the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MORGAN DAVID K.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock, par value $0.0001 per share	6,496	$0.00	--

Holdings After Transaction: Class A common stock, par value $0.0001 per share — 20,372 shares (Direct)

Footnotes (1)

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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^*

MORGAN DAVID K.

(Last) (First) (Middle)

40 BURTON HILLS BOULEVARD

SUITE 415

(Street)

NASHVILLE TN 37215

(City) (State) (Zip)

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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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

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

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

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	02/10/2026		A		6,496(1)	A	$0	20,372	D

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. Reflects restricted stock units that will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

Remarks:

	/s/ Paul Maple, Attorney-in-Fact for David K. Morgan	02/12/2026
	** 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.

FAQ

What insider transaction did i3 Verticals (IIIV) director David K. Morgan report?

David K. Morgan reported an acquisition of 6,496 shares of i3 Verticals Class A common stock through a grant of restricted stock units at $0 per share. This was recorded as a grant or award transaction on February 10, 2026.

How many i3 Verticals (IIIV) shares does David K. Morgan own after this Form 4?

Following the reported transaction, David K. Morgan beneficially owns 20,372 shares of i3 Verticals Class A common stock directly. This total includes the 6,496 shares received in the February 10, 2026 restricted stock unit grant.

Was the i3 Verticals (IIIV) Form 4 transaction a purchase or a grant?

The transaction was a grant or award, not an open-market purchase. Morgan acquired 6,496 shares of Class A common stock at $0 per share, reported under transaction code "A" for a grant, award, or other acquisition.

What are the vesting terms of David K. Morgan’s i3 Verticals (IIIV) restricted stock units?

The 6,496 restricted stock units will vest in full on the first anniversary of the grant date. Vesting is contingent on David K. Morgan’s continued service with i3 Verticals through that one-year period following the February 10, 2026 grant.

What type of security did i3 Verticals (IIIV) grant to David K. Morgan?

The company granted restricted stock units tied to its Class A common stock, par value $0.0001 per share. Each restricted stock unit represents a right to receive one share of Class A common stock upon vesting, subject to continued service requirements.