WILDS DAVID M - 10 Dec 2025 Form 4 Insider Report for i3 Verticals, Inc. (IIIV)

Role
Director
Signature
/s/ Paul Maple, Attorney-in-Fact for David M. Wilds
Issuer symbol
IIIV
Transactions as of
10 Dec 2025
Transactions value $
$0
Form type
4
Filing time
12 Dec 2025, 16:51:18 UTC
Previous filing
15 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILDS DAVID M Director 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE /s/ Paul Maple, Attorney-in-Fact for David M. Wilds 12 Dec 2025 0001062406

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIV Class B common stock, par value $0.0001 per share Other $0 -7.55K -100% $0.00 0 10 Dec 2025 By wife F1, F2
transaction IIIV Class B common stock, par value $0.0001 per share Other $0 +7.55K +2.9% $0.00 268K 10 Dec 2025 Direct F1
holding IIIV Class B common stock, par value $0.0001 per share 40.2K 10 Dec 2025 By Front Street Equities, LLC F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IIIV Common Units Sale -$185K -7.55K -100% $24.50 0 10 Dec 2025 Class A common stock, par value $0.0001 per share 7.55K By wife F2, F4, F5
transaction IIIV Common Units Purchase $185K +7.55K +2.9% $24.50 268K 10 Dec 2025 Class A common stock, par value $0.0001 per share 7.55K Direct F4, F5
holding IIIV Common Units 40.2K 10 Dec 2025 Class A common stock, par value $0.0001 per share 40.2K By Front Street Equities, LLC F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer and the Limited Liability Company Agreement of i3 Verticals, LLC, upon a permitted transfer of common units of i3 Verticals, LLC, the transferor must also transfer an equivalent number of shares of the Issuer's Class B common stock, par value $0.0001 per share ("Class B Common Stock") to the transferee. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of Common Units.
F2 This Form 4 shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any securities held solely by the Reporting Person's spouse.
F3 Represents shares of Class B Common Stock held by Front Street Equities, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
F4 The Common Units may be redeemed by the holder at any time for an equal number of shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") or, at the election of i3 Verticals, LLC, cash equal to the volume-weighted average market price of such shares. Upon the redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled. The Common Units have no expiration date.
F5 Represents permitted transfer of Common Units pursuant to the Limited Liability Company Agreement of i3 Verticals, LLC from Reporting Person's wife to Reporting Person for $24.50 per Common Unit.
F6 Represents Common Units held by Front Street Equities, LLC. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of these Common Units in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.