MAPLE PAUL 4

What Happened

• Paul Maple, General Counsel and Secretary of i3 Verticals (IIIV), received a 135,000-share derivative award on 2026-02-10 (grant recorded at $0 per share). The filing also shows a tax-withholding disposition on 2026-02-11 in which 3,349 shares were disposed at $21.88 per share for proceeds of $73,276 to satisfy taxes on the vesting of earlier restricted stock units (7,500 RSUs).

Key Details

• Grant: 135,000 derivative shares (code A) on 2026-02-10, $0.00 per share (no immediate cash outlay shown).
• Tax withholding sale: 3,349 shares disposed (code F) on 2026-02-11 at $21.88 for $73,276.
• Footnote F1: Shares withheld to cover taxes from vesting of 7,500 RSUs originally granted 2/11/2025.
• Footnote F2: The granted options (derivative award) vest ratably in five equal annual installments beginning on the first anniversary of the grant, subject to continued service.
• Filing date: 2026-02-12 for a reportable event on 2026-02-10 — filing appears timely (no late filing indicated).
• Shares owned after the transactions were not provided in the excerpt.

Context

• The 135,000-share grant is a derivative award subject to multi-year vesting, so these shares/options are not all immediately tradable. The 3,349-share disposition was a routine tax-withholding action tied to prior RSU vesting and should not be read as a market-timing sale. Derivative grants and tax-withholdings are common forms of insider compensation and do not alone indicate the insider’s personal buy/sell sentiment.