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i3 Verticals (IIIV) director granted 6,496 restricted shares

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

Rhea-AI Filing Summary

i3 Verticals, Inc. director Timothy McKenna reported an award of 6,496 shares of Class A common stock on February 10, 2026. The shares are in the form of restricted stock units that vest in full on the first anniversary of the grant date, assuming he continues serving the company. Following this grant, he beneficially owns 10,372 shares directly.

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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*
MCKENNA TIMOTHY

(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 10,372 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 Timothy McKenna 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 Timothy McKenna report?

Timothy McKenna reported an award of 6,496 Class A common shares. These were granted as restricted stock units with no cash paid per share, increasing his directly held beneficial ownership to 10,372 shares after the transaction.

Was the i3 Verticals (IIIV) insider transaction a market purchase or a grant?

The transaction was a grant of shares, not a market purchase. It is coded as an acquisition from a grant or award, with 6,496 restricted stock units issued at a price of $0 per share to director Timothy McKenna.

When do Timothy McKenna’s restricted stock units in i3 Verticals (IIIV) vest?

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

How many i3 Verticals (IIIV) shares does Timothy McKenna own after this Form 4?

After the reported grant, Timothy McKenna beneficially owns 10,372 shares of Class A common stock. These shares are held directly, reflecting the addition of 6,496 granted restricted stock units to his existing share position.

What is the transaction code used in Timothy McKenna’s Form 4 for i3 Verticals (IIIV)?

The transaction uses code “A,” indicating a grant, award, or other acquisition. This code reflects that 6,496 shares were granted as restricted stock units, rather than bought or sold in an open market transaction.
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