i3 Verticals, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Recent Sales of Unregistered Securities None. Issuer Purchases of Equity Securities The following table provides information with respect to purchases of shares of the Company’s Class A Common Stock made during the three months ended June 30, 2026 by the Company: ISSUER PURCHASES OF EQUITY SECURITIES Period (a) Total Number of Shares (or Units) Purchased Average Price Paid per Share (or Unit) (a) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs (a) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs 4/1/2026 - 4/30/2026 942,883 $ 21.84 942,883 $ 1,111 5/1/2026 - 5/31/2026 356,175 $ 20.22 356,175 $ 93,908 6/1/2026 - 6/30/2026 1,013,500 $ 19.99 1,013,500 $ 73,648 Total 2,312,558 $ 20.78 2,312,558 $ 73,648 __________________________ a. On February 5, 2026, the Company announced that our Board of Directors had approved the February 2026 Share Repurchase Program providing for the repurchase of up to $60.0 million of outstanding shares of Class A common stock with an expiration date of February 4, 2027, which program replaced the August 2025 Share Repurchase Program. The maximum dollar amount under the February 2026 Share Repurchase Program was expended during the three months ended June 30, 2026, and such program is no longer in effect. On May 12, 2026, the Company announced that our Board of Directors had approved a new share repurchase program providing for the repurchase of up to $100.0 million of outstanding shares of Class A common stock with an expiration date of May 11, 2027, which program replaced the February 2026 Share Repurchase Program. The shares of Class A common stock repurchased during the three months ended June 30, 2026, as reflected in the table above, were repurchased under both of these share repurchase programs. During the three months ended June 30, 2026, the Company purchased 2,312,558 of its outstanding shares of Class A common stock under the February 2026 Share Repurchase Program adopted on February 5, 2026 and the May 2026 Share Repurchase Program adopted on May 12, 2026, at an average price of $20.78 per share for a total cost inclusive of commissions and excise taxes of $48.6 million. When the Company repurchases shares of Common Stock, the amount paid to repurchase the shares in excess of the par or stated value is allocated to additional paid-in-capital unless subject to limitation or the balance in additional paid-in-capital is exhausted. Remaining amounts are recognized as a reduction in retained earnings. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.