MCKENNA TIMOTHY 4

What Happened
Timothy McKenna, a director of i3 Verticals, received a grant of 6,496 restricted stock units (RSUs) on February 10, 2026. The Form 4 reports the acquisition at $0.00 per share (transaction code A for award/grant); the filing does not list a cash value for the grant. This is an equity award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (filed two days after the transaction, which appears timely under Form 4 rules).
• Reported transaction: 6,496 RSUs granted at $0.00 per share (code A).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: These RSUs "will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer."
• No mention of 10b5-1 plan, immediate sale, tax withholding, or cashless exercise in this filing.

Context
RSUs are a form of compensation that convert into shares only after vesting; they can be forfeited if the grantee leaves before the vesting date. Because this is a grant with a future vesting condition, it does not represent an immediate purchase or sale of shares. Such awards are commonly used for retention and compensation and should be viewed as compensation-related rather than a direct signal of short‑term insider trading intent.