[SCHEDULE 13G] Vertical Data Inc. Passive Investment Disclosure (>5%)

Rhea-AI Filing Summary

Vertical Data Inc. Schedule 13G reports that Jesse Nickel beneficially owns 1,225,286 shares of Common Stock, representing 8.3% of the class. The filing shows Nickel has sole voting and sole dispositive power over the 1,225,286 shares.

Insights

Corporate Governance Analyst

Large passive stake disclosed: 1,225,286 shares (8.3%).

Schedule 13G filings record beneficial ownership by investors who may be passive holders; this filing lists sole voting and dispositive power for Jesse Nickel over 1,225,286 shares. The position size is meaningful relative to total class at 8.3%.

Ownership implications depend on whether Nickel acts alone or with others; future filings (e.g., Schedule 13D) would show active intent. Subsequent SEC filings may clarify changes in status or intentions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Vertical Data Inc.

(Name of Issuer)

Common stock, par value $0.001 per share

(Title of Class of Securities)

92490D105

(CUSIP Number)

02/26/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 92490D105

1

Names of Reporting Persons

Nickel Jesse

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

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,225,286.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,225,286.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,225,286.00

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)

8.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vertical Data Inc.
(b)	Address of issuer's principal executive offices: 1980 FESTIVAL PLAZA DRIVE SUITE 300, LAS VEGAS, NEVADA, 89135
Item 2.
(a)	Name of person filing: Jesse Nickel
(b)	Address or principal business office or, if none, residence: 1980 FESTIVAL PLAZA DRIVE SUITE 300, LAS VEGAS, NEVADA, 89135
(c)	Citizenship: Canada
(d)	Title of class of securities: Common stock, par value $0.001 per share
(e)	CUSIP Number(s): 92490D105
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: 1,225,286
(b)	Percent of class: 8.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,225,286
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,225,286
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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 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.

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.

Nickel Jesse

Signature:	Jesse Nickel
Name/Title:	Head of Business Development
Date:	03/30/2026