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Vertical Data corrects Nickel’s option to 773,750 shares

The amendment’s footnote says 726,250 of the 1,500,000 shares originally subject to the option were canceled under a September 5, 2025 adjustment agreement.

(Moderate)

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Form Type
3/A

Rhea-AI Filing Summary

Vertical Data Inc. amended its Form 3 for Head of Business Development Jesse Nickel, correcting his status to officer and the direct stock option’s underlying share count from 771,750 to 773,750 common shares. The option has a $0.05 exercise price and expires October 1, 2034. The filing states that 25% vested immediately, with the remaining 75% vesting ratably monthly over three years. Nickel’s 165,000 directly held common shares reported in the original Form 3 are unchanged.

Insider Nickel Jesse
Role Head of Business Development
Type Security Shares Price Value
holding Stock Option (Right to Buy) F1, F2 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 773,750 contracts (Direct)
Footnotes (2)
  1. F1. 25% of the granted options vested immediately upon issuance, with the remaining 75% vesting ratably on a monthly basis over the three-year vesting period.
  2. F2. This Amendment amends the number of shares underlying the stock option, which the original Form 3 reported as 771,750. Of the 1,500,000 shares originally subject to the option, 726,250 were cancelled under the Stock Option Adjustment Letter Agreement dated September 5, 2025, leaving 773,750 outstanding on the date of event requiring this statement.
Option underlying shares 773,750 common shares Amended amount
Previously reported option underlying shares 771,750 shares Amount reported in the original Form 3
Exercise price $0.05 per share Stock option
Option expiration October 1, 2034 Stock option
Vesting schedule 25% immediately; remaining 75% ratably monthly over three years Granted options
Shares originally subject to the option 1,500,000 shares Before cancellations described in the footnote
Canceled option shares 726,250 shares Under the Stock Option Adjustment Letter Agreement dated September 5, 2025
Directly held common shares 165,000 shares Reported in the original Form 3 and unchanged
underlying security financial
"underlying security title: Common Stock"
vested immediately financial
"25% of the granted options vested immediately upon issuance"
ratably financial
"remaining 75% vesting ratably on a monthly basis"
Rule 16a-1(f) regulatory
"officer of the issuer within the meaning of Rule 16a-1(f)"
Stock Option Adjustment Letter Agreement technical
"cancelled under the Stock Option Adjustment Letter Agreement"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does Jesse Nickel’s VDTA stock option cover?

The amended Form 3 lists Jesse Nickel’s direct stock option as covering 773,750 common shares. The option has a $0.05 exercise price and expires October 1, 2034.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Nickel Jesse

(Last)(First)(Middle)
C/O VERTICAL DATA INC.
1980 FESTIVAL PLAZA DRIVE, SUITE 300

(Street)
LAS VEGAS NEVADA 89135

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
01/12/2026
3. Issuer Name and Ticker or Trading Symbol
Vertical Data Inc. [ VDTA ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/23/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Head of Business Development
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) (1)10/01/2034Common Stock773,750(2)$0.05D
Explanation of Responses:
1. 25% of the granted options vested immediately upon issuance, with the remaining 75% vesting ratably on a monthly basis over the three-year vesting period.
2. This Amendment amends the number of shares underlying the stock option, which the original Form 3 reported as 771,750. Of the 1,500,000 shares originally subject to the option, 726,250 were cancelled under the Stock Option Adjustment Letter Agreement dated September 5, 2025, leaving 773,750 outstanding on the date of event requiring this statement.
Remarks:
This Amendment No. 1 amends the Form 3 filed March 23, 2026 to correct Item 4 and the Table II line. The original Form 3 reported the reporting person's relationship to the issuer as "Other - Head of Business Development." The reporting person is an officer of the issuer within the meaning of Rule 16a-1(f), and the Officer box is checked accordingly. The 165,000 shares of common stock held directly, as reported in Table I of the original Form 3, are unchanged and are not repeated here, in accordance with General Instruction 8.
/s/ Jesse Nickel10/05/2026
** Signature of Reporting PersonDate
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 5 (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.
* Form 3: SEC 1473 (03-26)

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