Form 4: i3 Verticals Executive Covers Taxes on RSU Vesting

i3 Verticals' President of Public Sector, Christopher Laisure, had 5,903 shares withheld to cover tax obligations following the vesting of restricted stock units.

Summary

• Christopher Laisure, President Public Sector of i3 Verticals, Inc. (IIIV), reported a transaction on November 14, 2025.
• The transaction involved the withholding of 5,903 shares of Class A common stock to cover tax payments.
• This withholding occurred following the vesting of 15,000 performance-based restricted stock units, originally granted on September 2, 2022.
• The shares were withheld at a price of $30.75 per share.
• Following this transaction, Christopher Laisure directly beneficially owns 54,797 shares of Class A common stock.
• Additionally, Laisure indirectly beneficially owns 544,714 shares through BIS HQ, GP, a general partnership where he serves as President.
• An additional 35,185 shares are indirectly beneficially owned through The Laisure Donor Advised Fund.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes following the vesting of performance-based compensation. It does not reflect a change in management's view of the company's prospects.

Positives

• The vesting of 15,000 performance-based restricted stock units indicates that performance targets were likely met, which is generally a positive sign for the company's operational achievements.

Negatives

• No direct negatives are indicated by this routine tax-related transaction.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with equity compensation plans.

Related Party Transactions

• Christopher Laisure indirectly beneficially owns 544,714 shares through BIS HQ, GP, a general partnership of which he is the President.
• Christopher Laisure indirectly beneficially owns 35,185 shares through The Laisure Donor Advised Fund.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related transaction and not a discretionary sale by an insider.
• Employees: No direct impact indicated by this filing.
• Customers: No direct impact indicated by this filing.
• Suppliers: No direct impact indicated by this filing.
• Creditors: No direct impact indicated by this filing.

Key Dates

Keywords

i3 Verticals, IIIV, Form 4, insider transaction, stock vesting, restricted stock units, tax withholding, corporate governance