Director at i3 Verticals (IIIV) receives 6,496-share restricted stock grant

Rhea-AI Filing Summary

i3 Verticals director reports equity award. Director Elizabeth S. Courtney acquired 6,496 shares of Class A common stock on February 10, 2026 through a grant of restricted stock units at a price of $0 per share. Following this award, she beneficially owns 10,372 Class A shares directly.

The restricted stock units will vest in full on the first anniversary of the grant date, as long as she continues to serve with the company. This filing reflects a stock-based compensation grant rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider COURTNEY ELIZABETH S.

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 — 10,372 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^*

COURTNEY ELIZABETH S.

(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 Elizabeth S. Courtney	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) report for Elizabeth S. Courtney?

Elizabeth S. Courtney received a grant of 6,496 shares of i3 Verticals Class A common stock as restricted stock units. The grant was reported as an acquisition at a price of $0 per share on February 10, 2026.

Is the IIIV insider transaction a stock grant or an open-market trade?

The IIIV insider transaction is a stock grant, not an open-market trade. Courtney acquired 6,496 Class A shares via restricted stock units, reported under a grant, award, or other acquisition code, with no purchase price paid per share.

How many i3 Verticals (IIIV) shares does Elizabeth S. Courtney own after this Form 4?

After the reported grant, Elizabeth S. Courtney beneficially owns 10,372 shares of i3 Verticals Class A common stock. These shares are held directly, reflecting the new 6,496-share restricted stock unit award added to her existing holdings.

When do Elizabeth S. Courtney’s IIIV restricted stock units vest?

Courtney’s 6,496 restricted stock units will vest in full on the first anniversary of the grant date. Vesting is conditioned on her continued service with i3 Verticals, meaning she must remain in her role through that one-year period.

What does transaction code "A" mean in the IIIV Form 4 filing?

Transaction code "A" in this IIIV Form 4 indicates a grant, award, or other acquisition of securities. Here, it reflects the issuance of 6,496 restricted stock units to director Elizabeth S. Courtney at a price of $0 per share.