i3 Verticals (IIIV) insider gets 15,000 shares from RSU vesting

i3 Verticals, Inc. (IIIV) reported that its General Counsel and Secretary acquired Class A common stock through the vesting of performance-based restricted stock units.

Rhea-AI Filing Summary

i3 Verticals, Inc. (IIIV) reported that its General Counsel and Secretary acquired Class A common stock through the vesting of performance-based restricted stock units. On 11/14/2025, 15,000 shares of Class A common stock were acquired at a price of $0 following the Compensation Committee’s determination that specified adjusted diluted earnings per share targets were achieved. After this transaction, the reporting person beneficially owned 48,269 shares of Class A common stock directly. Performance-based restricted stock units relating to an additional 10,000 shares of Class A common stock remain eligible to vest based on performance for future fiscal years.

Insider Trade Summary

Grant/Award: 15,000 shares

Grant/Award 1 txn

Insider MAPLE PAUL

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock, par value $0.0001 per share	15,000	$0.00	$0.00

Holdings After Transaction: Class A common stock, par value $0.0001 per share — 48,269 shares (Direct)

Footnotes (1)

1. F1. Represents performance-based restricted stock units which vest based on the achievement of certain adjusted diluted earnings per share targets, which, on November 14, 2025, the Compensation Committee of the Board of Directors of the Issuer determined were achieved. Such performance-based restricted stock units were originally granted on September 2, 2022. Performance-based restricted stock units with respect to 10,000 shares of Class A common stock of the Issuer remain eligible to vest in respect of performance for future fiscal years.

FAQ

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What did i3 Verticals (IIIV) disclose in this Form 4 filing?

The filing reports that the General Counsel and Secretary of i3 Verticals, Inc. acquired 15,000 shares of Class A common stock on 11/14/2025 through the vesting of performance-based restricted stock units.

How many i3 Verticals (IIIV) shares did the insider acquire and at what price?

The insider acquired 15,000 shares of Class A common stock at a stated price of $0, reflecting the vesting of previously granted performance-based restricted stock units.

How many i3 Verticals (IIIV) shares does the reporting person own after this transaction?

Following the reported transaction, the reporting person beneficially owned 48,269 shares of i3 Verticals Class A common stock in direct ownership.

What performance condition triggered the vesting of the i3 Verticals (IIIV) restricted stock units?

The 15,000 performance-based restricted stock units vested after the Compensation Committee determined on 11/14/2025 that specified adjusted diluted earnings per share targets had been achieved.

When were the vested i3 Verticals (IIIV) performance-based restricted stock units originally granted?

The performance-based restricted stock units that vested into 15,000 shares of Class A common stock were originally granted on September 2, 2022.

Are there additional i3 Verticals (IIIV) performance-based restricted stock units that may vest in the future?

Yes. Performance-based restricted stock units relating to 10,000 shares of Class A common stock remain eligible to vest based on performance for future fiscal years.

What is the role of the insider who filed this i3 Verticals (IIIV) Form 4?

The reporting person is an officer of i3 Verticals, serving as General Counsel and Secretary.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 11/17/2025 - 04:13 PM Learn about SEC filing dates

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^*

MAPLE PAUL

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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	11/14/2025		A		15,000(1)	A	$0	48,269	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. Represents performance-based restricted stock units which vest based on the achievement of certain adjusted diluted earnings per share targets, which, on November 14, 2025, the Compensation Committee of the Board of Directors of the Issuer determined were achieved. Such performance-based restricted stock units were originally granted on September 2, 2022. Performance-based restricted stock units with respect to 10,000 shares of Class A common stock of the Issuer remain eligible to vest in respect of performance for future fiscal years.

Remarks:

	/s/ Paul Maple	11/17/2025
	** 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.