i3 Verticals (IIIV) Director John C. Harrison Receives Award

What Happened

• John C. Harrison, a director of i3 Verticals, received a grant of 6,496 restricted stock units (RSUs) on 2026-02-10. The Form 4 reports an acquisition (award) with no cash price ($0.00) shown — this reflects an equity award rather than a market purchase.

Key Details

• Transaction date: 2026-02-10 (Form 4 filed 2026-02-12)
• Transaction type/code: Award/Grant (A)
• Shares/units granted: 6,496 RSUs
• Reported price: $0.00 (typical for RSU grants — not a cash purchase)
• Vesting: Per the filing footnote, the RSUs "will vest in full on the first anniversary of the grant date," subject to continued service
• Shares owned after transaction: not specified in the excerpt provided
• Timeliness: Filing appears timely (reported within two business days of the transaction date)

Context

• These are restricted stock units (an equity award) that will convert to shares only if vesting conditions are met; there was no immediate sale or cash exercise. Awards to directors are common as compensation and are not the same signal as an open-market purchase or sale.