135,000 stock options granted to i3 Verticals (NASDAQ: IIIV) CRO

Rhea-AI Filing Summary

i3 Verticals Chief Revenue Officer Paul Christians reported routine equity compensation activity. On February 10, 2026, he was granted 135,000 stock options with an exercise price of $23.09 per share, vesting in five equal annual installments starting on the first anniversary of the grant.

On February 11, 2026, 3,878 shares of Class A common stock were withheld to cover taxes upon vesting of 10,000 restricted stock units originally granted on February 11, 2025. After these transactions, he directly beneficially owned 37,372 shares of Class A common stock and 135,000 stock options.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CHRISTIANS PAUL

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A common stock, par value $0.0001 per share	3,878	$21.88	$85K
Grant/Award	Stock Option (Right to Buy)	135,000	$0.00	--

Holdings After Transaction: Class A common stock, par value $0.0001 per share — 37,372 shares (Direct); Stock Option (Right to Buy) — 135,000 shares (Direct)

Footnotes (1)

1. Reflects the shares withheld to cover the payment of taxes following the vesting of 10,000 restricted stock units originally granted on February 11, 2025. 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.

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^*

CHRISTIANS PAUL

(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)
	Chief Revenue Officer

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		3,878(1)	D	$21.88	37,372	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
Stock Option (Right to Buy)	$23.09	02/10/2026		A		135,000		(2)	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 10,000 restricted stock units originally granted on February 11, 2025.

2. 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 Paul Christians	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 IIIV executive Paul Christians report?

Paul Christians reported a grant of 135,000 stock options and tax-related share withholding. The options were granted on February 10, 2026, and 3,878 shares were withheld on February 11, 2026 to cover taxes on vesting restricted stock units.

How many i3 Verticals (IIIV) stock options were granted to the CRO?

The Chief Revenue Officer received 135,000 stock options. These options have an exercise price of $23.09 per share and vest in five equal annual installments starting on the first anniversary of the February 10, 2026 grant date.

What was the purpose of the 3,878 IIIV shares disposed of by Paul Christians?

The 3,878 shares were withheld to pay taxes due on vesting restricted stock units. They relate to the vesting of 10,000 RSUs originally granted on February 11, 2025, and are categorized as a tax-withholding disposition, not an open-market sale.

How many IIIV shares does the CRO own after these Form 4 transactions?

After the reported transactions, Paul Christians beneficially owned 37,372 shares of Class A common stock. This reflects his direct holdings following the 3,878-share tax withholding tied to restricted stock unit vesting disclosed in the filing.

What are the vesting terms of the 135,000 IIIV stock options?

The 135,000 stock options vest ratably in five equal annual installments. Vesting begins on the first anniversary of the February 10, 2026 grant date, and requires Paul Christians’ continued service with i3 Verticals to receive each installment.

What is the exercise price of Paul Christians’ newly granted IIIV options?

The newly granted stock options have an exercise price of $23.09 per share. They cover 135,000 shares of Class A common stock and were awarded on February 10, 2026 as part of equity compensation reported in the Form 4.