DAILY GREGORY S 4
4 · i3 Verticals, Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
i3 Verticals (IIIV) CEO Gregory S. Daily Buys 50,000 Shares
What Happened
Gregory S. Daily, CEO of i3 Verticals, purchased 50,000 shares of the company's Class A common stock in open-market transactions on May 14, 2026. The filing reports a weighted-average price of $19.23 per share for a total reported outlay of $961,500. This was a purchase (insider buying), which many investors view as a bullish signal, though the filing does not state Daily’s motivation.
Key Details
- Transaction date: 2026-05-14; Transaction type: P = Purchase (open market).
- Reported price: weighted average $19.23; purchases executed at prices ranging from $18.72 to $19.35 (see footnote).
- Total reported value: $961,500 (50,000 shares × $19.23 avg).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: The $19.23 is a weighted-average price; trades occurred across the $18.72–$19.35 range. Detailed per-trade pricing is available upon request to the issuer or SEC staff.
- F2–F5: Several holdings referenced are owned by family/related LLCs (Daily Family Investment, GSD Family Investments, Hardsworth LLC); Daily disclaims beneficial ownership of those shares except to the extent of his pecuniary interest and may be deemed an indirect owner for Section 16 purposes.
- Filing timeliness: Reported on 2026-05-14 for the same transaction date — appears to be timely.
Context: This was a straight open-market purchase (no option exercise, award, or gift). Purchases by executives can signal confidence but are just one data point; the filing’s footnotes indicate some holdings are via family entities and the detailed per-trade prices are available from the issuer or SEC staff if needed.
Insider Transaction Report
- Purchase
Class A common stock, par value $0.0001 per share
[F1][F2]2026-05-14$19.23/sh+50,000$961,500→ 50,000 total(indirect: By LLC)
- 88,544
Class A common stock, par value $0.0001 per share
- 134,800(indirect: By LLC)
Class A common stock, par value $0.0001 per share
[F3] - 82,087(indirect: By LLC)
Class A common stock, par value $0.0001 per share
[F4] - 10,796(indirect: By daughter)
Class A common stock, par value $0.0001 per share
[F5]
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.72 to $19.35, inclusive. The reporting person undertakes to provide to i3 Verticals, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F2]Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer held by Daily Family Investment, LLC, of which the Reporting Person serves as tax matters partner. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F3]Represents shares of Class A Common Stock of the Issuer held by GSD Family Investments, LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by GSD Family Investments, LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Represents shares of Class A Common Stock of the Issuer held by Hardsworth LLC. The Reporting Person may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by Hardsworth LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F5]The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.