STANFORD FREDERICK 4

What Happened Frederick Stanford, President of i3 Verticals (IIIV), was granted a 180,000-share derivative award on Feb 10, 2026 (reported as $0 per share in the filing). Separately, on Feb 11, 2026, 4,626 of his shares were withheld to cover taxes related to the vesting of 10,000 restricted stock units; those withheld shares were reported at $21.88 each, totaling $101,217. The grant is an award/derivative acquisition; the withholding is a non-market disposition to satisfy tax obligations.

Key Details

• Transaction dates: Feb 10, 2026 (award/derivative acquisition of 180,000 shares); Feb 11, 2026 (tax withholding disposition of 4,626 shares at $21.88 each).
• Withholding value: 4,626 shares × $21.88 = $101,217 reported as disposition (code F).
• Grant reported as derivative award at $0 per share (code A).
• Shares owned after the transactions: not specified in this filing.
• Footnotes: F1 notes the 4,626 shares were withheld to cover taxes on the vesting of 10,000 RSUs granted Feb 11, 2025. F2 states the options (related to the grant) vest ratably in five equal annual installments beginning on the first anniversary of the grant date, subject to continued service.
• Filing timeliness: Form 4 filed Feb 12, 2026 — transactions on Feb 10–11 were reported within the usual two-business-day window.

Context

• The 180,000-share item is a derivative grant (award/options/RSUs) rather than an open-market purchase; F2 indicates any options tied to the grant vest over five years.
• The 4,626-share transaction is a tax withholding (net share settlement) following RSU vesting, not an open-market sale — such withholdings are routine and technical (coded F).
• These filings are informational and do not, by themselves, indicate managerial intent to buy or sell stock in the open market.