T. Rowe Price holds 705,316 shares of I3 Verticals (NASDAQ: IIIV) per 13G/A

Rhea-AI Filing Summary

I3 VERTICALS INC‑CLASS A reports a Schedule 13G/A showing T. Rowe Price Investment Management, Inc. beneficially owns 705,316 shares, representing 3.2% of the class. The filing lists 696,329 shares with sole voting power and 705,316 shares with sole dispositive power. The filer includes a statement denying beneficial ownership of the securities.

Insights

Institutional Ownership Analyst

Large asset manager reports a 3.2% stake with sole voting and dispositive control.

The filing shows T. Rowe Price Investment Management, Inc. holds 705,316 shares (3.2%) with 696,329 shares listed as sole voting power and 705,316 as sole dispositive power.

Ownership is reported under Schedule 13G/A and the filer includes a declaration denying beneficial ownership; the filing therefore records reported positions and voting/dispositive figures without attributing economic ownership per the filer's statement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

I3 VERTICALS INC-CLASS A

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

02/28/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

T. Rowe Price Investment Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 696,329.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 705,316.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

705,316.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: I3 VERTICALS INC-CLASS A
(b)	Address of issuer's principal executive offices: 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE, TN, 37215
Item 2.
(a)	Name of person filing: T. Rowe Price Investment Management, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 46571Y107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 705316
(b)	Percent of class: 3.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 696329
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 705316
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Investment Management, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	03/06/2026

FAQ

What stake does T. Rowe Price hold in IIIV?

T. Rowe Price Investment Management, Inc. holds 705,316 shares, representing 3.2% of IIIV's Class A common stock. The filing lists voting and dispositive powers tied to these shares.

How many shares does T. Rowe Price have voting authority over?

The filing shows 696,329 shares as subject to sole voting power by T. Rowe Price. This figure is the number reported for voting control in the Schedule 13G/A.

Does the filing state T. Rowe Price is the beneficial owner?

No; the filing expressly includes a statement in which T. Rowe Price denies being the beneficial owner of the securities. The denial appears within the Schedule 13G/A text.

What form was filed for this ownership disclosure?

The disclosure was made on a Schedule 13G/A, an amendment to an earlier 13G filing, reporting passive or qualifying institutional holdings and related voting/dispositive figures.

What dates appear in the filing for IIIV ownership?

The document header shows 02/28/2026 and the signature line is dated 03/06/2026, which frame the filing and its execution by the filer.