STOCK TITAN

Stock option grant and tax share withholding for i3 Verticals (IIIV)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

i3 Verticals, Inc. executive Christopher Laisure reported equity compensation and related tax withholding transactions. On February 11, 2026, 2,456 shares of Class A common stock were withheld at $21.88 per share to cover taxes upon vesting of 5,500 restricted stock units originally granted on February 11, 2025.

On February 10, 2026, Laisure received a grant of 135,000 stock options with a $23.09 exercise price, expiring on February 10, 2036. These options vest in five equal annual installments, subject to his continued service. Following these transactions, he holds 52,341 shares directly, and additional Class A shares are held indirectly through BIS HQ, GP and The Laisure Donor Advised Fund.

Positive

  • None.

Negative

  • None.
Insider LAISURE CHRISTOPHER
Role President - Public Sector
Type Security Shares Price Value
Tax Withholding Class A common stock, par value $0.0001 per share 2,456 $21.88 $54K
Grant/Award Stock Option (Right to Buy) 135,000 $0.00 --
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 — 52,341 shares (Direct); Stock Option (Right to Buy) — 135,000 shares (Direct); Class A common stock, par value $0.0001 per share — 544,714 shares (Indirect, By BIS HQ, GP)
Footnotes (1)
  1. Reflects the shares withheld to cover the payment of taxes following the vesting of 5,500 restricted stock units originally granted on February 11, 2025. The reported securities are held by BIS HQ, GP, a general partnership of which the reporting person is the President. The options vest ratably in five equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.
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*
LAISURE CHRISTOPHER

(Last) (First) (Middle)
40 BURTON HILLS BLVD.
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)
President - Public Sector
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 02/11/2026 F 2,456(1) D $21.88 52,341 D
Class A common stock, par value $0.0001 per share 544,714 I By BIS HQ, GP(2)
Class A common stock, par value $0.0001 per share 35,185 I By The Laisure Donor Advised Fund
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
Stock Option (Right to Buy) $23.09 02/10/2026 A 135,000 (3) 02/10/2036 Class A common stock, par value $0.0001 per share 135,000 $0 135,000 D
Explanation of Responses:
1. Reflects the shares withheld to cover the payment of taxes following the vesting of 5,500 restricted stock units originally granted on February 11, 2025.
2. The reported securities are held by BIS HQ, GP, a general partnership of which the reporting person is the President.
3. The options vest ratably in five equal annual installments beginning 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 Christopher Laisure 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 transactions did Christopher Laisure report for i3 Verticals (IIIV)?

Christopher Laisure reported tax-related withholding of 2,456 Class A shares and a grant of 135,000 stock options. The share withholding covered taxes on vested restricted stock units, while the stock options provide future purchase rights at a fixed exercise price.

Why were 2,456 i3 Verticals (IIIV) shares withheld from Christopher Laisure?

2,456 Class A shares were withheld to pay taxes on the vesting of 5,500 restricted stock units granted February 11, 2025. This tax-withholding disposition did not represent an open-market sale but rather satisfied payroll tax obligations on the equity award.

What are the terms of Christopher Laisure’s 135,000 i3 Verticals (IIIV) stock options?

Laisure received 135,000 stock options with a $23.09 exercise price, expiring February 10, 2036. The options vest in five equal annual installments beginning on the first anniversary of the grant date, contingent on his continued service with the company.

How many i3 Verticals (IIIV) shares does Christopher Laisure own directly and indirectly?

After the reported transactions, Laisure directly owns 52,341 Class A shares. Indirectly, 544,714 shares are held by BIS HQ, GP, where he is President, and 35,185 shares are held by The Laisure Donor Advised Fund, as reported in the filing.

Is Christopher Laisure’s Form 4 transaction in i3 Verticals (IIIV) a stock sale?

The filing shows tax-withholding of 2,456 shares and a stock option grant, not an open-market sale. Shares were withheld to cover tax obligations on vesting RSUs, while the 135,000 options were awarded as equity compensation.

What position does Christopher Laisure hold at i3 Verticals (IIIV)?

Christopher Laisure is reported as an officer of i3 Verticals with the title "President - Public Sector." His Form 4 filing reflects equity compensation and related tax withholding associated with his executive role at the company.