AG˹ٷ

STOCK TITAN

[8-K] i3 Verticals, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

C.H. Robinson Worldwide (CHRW) filed an 8-K disclosing the election of Edward G. Feitzinger, 58, to its board of directors, effective 7 Aug 2025. The action creates a new seat and does not reflect any director departure. Feitzinger offers >30 years of global logistics experience, having served as VP Global Logistics at Amazon (2016-2020) and CEO of $4.2 bn UTi Worldwide (2014-2016), where he led 21,000 staff in 59 countries until its acquisition by DSV. Earlier roles include senior positions at Menlo Worldwide, Hewlett-Packard and supply-chain consultancy E2E Analytics. He holds industrial-engineering degrees from Lehigh (BS) and Stanford (MS). A related press release is furnished as Exhibit 99.1; the filing does not outline compensation terms or committee assignments, and no other material events were reported.

C.H. Robinson Worldwide (CHRW) ha presentato un 8-K annunciando l'elezione di Edward G. Feitzinger, 58 anni, nel consiglio di amministrazione, con effetto dal 7 agosto 2025. Questa nomina crea un nuovo seggio e non comporta l'uscita di alcun direttore. Feitzinger vanta oltre 30 anni di esperienza nella logistica globale, avendo ricoperto il ruolo di VP Global Logistics presso Amazon (2016-2020) e di CEO di UTi Worldwide, con un fatturato di 4,2 miliardi di dollari (2014-2016), dove ha guidato 21.000 dipendenti in 59 paesi fino all'acquisizione da parte di DSV. Tra i suoi precedenti incarichi figurano posizioni dirigenziali presso Menlo Worldwide, Hewlett-Packard e la società di consulenza supply-chain E2E Analytics. È in possesso di lauree in ingegneria industriale presso Lehigh (BS) e Stanford (MS). Un comunicato stampa correlato è disponibile come Allegato 99.1; il documento non specifica i termini di compenso né le assegnazioni ai comitati, e non sono stati segnalati altri eventi rilevanti.

C.H. Robinson Worldwide (CHRW) presentó un 8-K donde anunció la elección de Edward G. Feitzinger, 58 años, a su junta directiva, con efecto a partir del 7 de agosto de 2025. Esta acción crea un nuevo puesto y no refleja la salida de ningún director. Feitzinger cuenta con más de 30 años de experiencia en logística global, habiendo sido VP de Logística Global en Amazon (2016-2020) y CEO de UTi Worldwide con ingresos de 4.2 mil millones de dólares (2014-2016), donde dirigió a 21,000 empleados en 59 países hasta su adquisición por DSV. En roles anteriores ocupó cargos senior en Menlo Worldwide, Hewlett-Packard y la consultora de cadena de suministro E2E Analytics. Posee títulos en ingeniería industrial de Lehigh (BS) y Stanford (MS). Un comunicado de prensa relacionado se presenta como Anexo 99.1; el documento no detalla términos de compensación ni asignaciones a comités, y no se reportaron otros eventos materiales.

C.H. Robinson Worldwide (CHRW)8-K� 제출하여 Edward G. Feitzinger, 58�� 2025� 8� 7일부� 이사� 멤버� 선임했다� 발표했습니다. 이번 조치� 새로� 이사� 자리� 신설� 것으�, 기존 이사� 퇴임은 없습니다. Feitzinger� 30� 이상� 글로벌 물류 경험� 보유하고 있으�, Amazon에서 글로벌 물류 부사장(2016-2020)42� 달러 규모� UTi Worldwide CEO(2014-2016)� 역임하며 59개국에서 21,000명의 직원� 이끌었습니다. 이전에 Menlo Worldwide, Hewlett-Packard, 공급� 컨설� 회사 E2E Analytics에서 고위직을 맡았습니�. 그 Lehigh 대학교(학사)Stanford 대학교(석사)에서 산업공학 학위� 받았습니�. 관� 보도자료� 부� 99.1� 제공되며, 이번 보고서에� 보상 조건이나 위원� 배정 내용� 포함되어 있지 않고, 기타 중요� 사건� 보고되지 않았습니�.

C.H. Robinson Worldwide (CHRW) a déposé un 8-K annonçant l'élection de Edward G. Feitzinger, 58 ans, à son conseil d'administration, avec effet au 7 août 2025. Cette nomination crée un nouveau siège et ne correspond pas à un départ de directeur. Feitzinger possède plus de 30 ans d'expérience en logistique mondiale, ayant été VP Global Logistics chez Amazon (2016-2020) et CEO de UTi Worldwide, chiffre d'affaires de 4,2 milliards de dollars (2014-2016), où il a dirigé 21 000 employés dans 59 pays jusqu'à son acquisition par DSV. Ses précédents postes incluent des fonctions de direction chez Menlo Worldwide, Hewlett-Packard et le cabinet de conseil en chaîne d'approvisionnement E2E Analytics. Il est titulaire de diplômes en génie industriel de Lehigh (BS) et Stanford (MS). Un communiqué de presse associé est fourni en Annexe 99.1 ; le document ne précise pas les conditions de rémunération ni les affectations aux comités, et aucun autre événement important n'a été signalé.

C.H. Robinson Worldwide (CHRW) hat eine 8-K-Meldung eingereicht, in der die Wahl von Edward G. Feitzinger, 58 Jahre alt, in den Vorstand mit Wirkung zum 7. August 2025 bekanntgegeben wird. Diese Maßnahme schafft einen neuen Vorstandssitz und geht nicht mit dem Ausscheiden eines Direktors einher. Feitzinger verfügt über mehr als 30 Jahre Erfahrung in der globalen Logistik und war VP Global Logistics bei Amazon (2016-2020) sowie CEO von UTi Worldwide mit einem Umsatz von 4,2 Mrd. USD (2014-2016), wo er 21.000 Mitarbeiter in 59 Ländern leitete, bis das Unternehmen von DSV übernommen wurde. Zuvor hatte er leitende Positionen bei Menlo Worldwide, Hewlett-Packard und der Supply-Chain-Beratung E2E Analytics inne. Er besitzt Abschlüsse in Industrieingenieurwesen von Lehigh (BS) und Stanford (MS). Eine zugehörige Pressemitteilung ist als Anlage 99.1 beigefügt; die Meldung enthält keine Angaben zu Vergütungsbedingungen oder Ausschusszuweisungen, und es wurden keine weiteren wesentlichen Ereignisse gemeldet.

Positive
  • Board gains proven logistics leader with Amazon and UTi Worldwide C-suite experience, enhancing strategic oversight.
Negative
  • None.

Insights

TL;DR: Seasoned logistics executive joins CHRW board, signaling governance refresh with modest positive impact.

Adding Feitzinger augments the board’s operational depth at a time when freight markets remain volatile. His Amazon and UTi leadership demonstrates scale-management skills and exposure to technology-enabled logistics—capabilities aligned with CHRW’s digitalization push. While board appointments rarely shift near-term financials, this hire strengthens oversight of strategic initiatives such as global expansion and automation. No information on committee assignments or equity grants was provided, so compensation dilution appears minimal. Overall governance risk marginally improves; impact to valuation is incremental but positive.

TL;DR: Hire adds high-profile supply-chain expertise; operational strategy benefits, but market reaction likely muted.

Feitzinger’s Amazon tenure exposed him to cutting-edge fulfillment tech and data-driven network optimization—areas CHRW seeks to bolster against asset-based competitors. His UTi experience offers insight into cross-border forwarding and contract logistics, potentially informing CHRW’s service mix. However, as a single board member he will influence rather than execute strategy, limiting immediate earnings impact. Investors should watch for future technology investments or international partnerships reflecting his influence. Net effect: strategically helpful, financially neutral.

C.H. Robinson Worldwide (CHRW) ha presentato un 8-K annunciando l'elezione di Edward G. Feitzinger, 58 anni, nel consiglio di amministrazione, con effetto dal 7 agosto 2025. Questa nomina crea un nuovo seggio e non comporta l'uscita di alcun direttore. Feitzinger vanta oltre 30 anni di esperienza nella logistica globale, avendo ricoperto il ruolo di VP Global Logistics presso Amazon (2016-2020) e di CEO di UTi Worldwide, con un fatturato di 4,2 miliardi di dollari (2014-2016), dove ha guidato 21.000 dipendenti in 59 paesi fino all'acquisizione da parte di DSV. Tra i suoi precedenti incarichi figurano posizioni dirigenziali presso Menlo Worldwide, Hewlett-Packard e la società di consulenza supply-chain E2E Analytics. È in possesso di lauree in ingegneria industriale presso Lehigh (BS) e Stanford (MS). Un comunicato stampa correlato è disponibile come Allegato 99.1; il documento non specifica i termini di compenso né le assegnazioni ai comitati, e non sono stati segnalati altri eventi rilevanti.

C.H. Robinson Worldwide (CHRW) presentó un 8-K donde anunció la elección de Edward G. Feitzinger, 58 años, a su junta directiva, con efecto a partir del 7 de agosto de 2025. Esta acción crea un nuevo puesto y no refleja la salida de ningún director. Feitzinger cuenta con más de 30 años de experiencia en logística global, habiendo sido VP de Logística Global en Amazon (2016-2020) y CEO de UTi Worldwide con ingresos de 4.2 mil millones de dólares (2014-2016), donde dirigió a 21,000 empleados en 59 países hasta su adquisición por DSV. En roles anteriores ocupó cargos senior en Menlo Worldwide, Hewlett-Packard y la consultora de cadena de suministro E2E Analytics. Posee títulos en ingeniería industrial de Lehigh (BS) y Stanford (MS). Un comunicado de prensa relacionado se presenta como Anexo 99.1; el documento no detalla términos de compensación ni asignaciones a comités, y no se reportaron otros eventos materiales.

C.H. Robinson Worldwide (CHRW)8-K� 제출하여 Edward G. Feitzinger, 58�� 2025� 8� 7일부� 이사� 멤버� 선임했다� 발표했습니다. 이번 조치� 새로� 이사� 자리� 신설� 것으�, 기존 이사� 퇴임은 없습니다. Feitzinger� 30� 이상� 글로벌 물류 경험� 보유하고 있으�, Amazon에서 글로벌 물류 부사장(2016-2020)42� 달러 규모� UTi Worldwide CEO(2014-2016)� 역임하며 59개국에서 21,000명의 직원� 이끌었습니다. 이전에 Menlo Worldwide, Hewlett-Packard, 공급� 컨설� 회사 E2E Analytics에서 고위직을 맡았습니�. 그 Lehigh 대학교(학사)Stanford 대학교(석사)에서 산업공학 학위� 받았습니�. 관� 보도자료� 부� 99.1� 제공되며, 이번 보고서에� 보상 조건이나 위원� 배정 내용� 포함되어 있지 않고, 기타 중요� 사건� 보고되지 않았습니�.

C.H. Robinson Worldwide (CHRW) a déposé un 8-K annonçant l'élection de Edward G. Feitzinger, 58 ans, à son conseil d'administration, avec effet au 7 août 2025. Cette nomination crée un nouveau siège et ne correspond pas à un départ de directeur. Feitzinger possède plus de 30 ans d'expérience en logistique mondiale, ayant été VP Global Logistics chez Amazon (2016-2020) et CEO de UTi Worldwide, chiffre d'affaires de 4,2 milliards de dollars (2014-2016), où il a dirigé 21 000 employés dans 59 pays jusqu'à son acquisition par DSV. Ses précédents postes incluent des fonctions de direction chez Menlo Worldwide, Hewlett-Packard et le cabinet de conseil en chaîne d'approvisionnement E2E Analytics. Il est titulaire de diplômes en génie industriel de Lehigh (BS) et Stanford (MS). Un communiqué de presse associé est fourni en Annexe 99.1 ; le document ne précise pas les conditions de rémunération ni les affectations aux comités, et aucun autre événement important n'a été signalé.

C.H. Robinson Worldwide (CHRW) hat eine 8-K-Meldung eingereicht, in der die Wahl von Edward G. Feitzinger, 58 Jahre alt, in den Vorstand mit Wirkung zum 7. August 2025 bekanntgegeben wird. Diese Maßnahme schafft einen neuen Vorstandssitz und geht nicht mit dem Ausscheiden eines Direktors einher. Feitzinger verfügt über mehr als 30 Jahre Erfahrung in der globalen Logistik und war VP Global Logistics bei Amazon (2016-2020) sowie CEO von UTi Worldwide mit einem Umsatz von 4,2 Mrd. USD (2014-2016), wo er 21.000 Mitarbeiter in 59 Ländern leitete, bis das Unternehmen von DSV übernommen wurde. Zuvor hatte er leitende Positionen bei Menlo Worldwide, Hewlett-Packard und der Supply-Chain-Beratung E2E Analytics inne. Er besitzt Abschlüsse in Industrieingenieurwesen von Lehigh (BS) und Stanford (MS). Eine zugehörige Pressemitteilung ist als Anlage 99.1 beigefügt; die Meldung enthält keine Angaben zu Vergütungsbedingungen oder Ausschusszuweisungen, und es wurden keine weiteren wesentlichen Ereignisse gemeldet.

0001728688FALSE00017286882025-08-072025-08-07


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549  
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 7, 2025
 
 
i3 Logo - no verticals word.jpg
i3 Verticals, Inc.
(Exact name of registrant as specified in its charter)  
 

 
Delaware
001-38532
82-4052852
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
40 Burton Hills Blvd., Suite 415
Nashville, TN
37215
(Address of principal executive offices)
(Zip Code)
(615) 465-4487
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.0001 Par ValueIIIVNasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company.  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




As provided in General Instruction B.2 of Form 8-K, the information contained in Item 2.02 and 7.01 of this Current Report on Form 8-K (including Exhibits 99.1 and 99.2 hereto) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02.    Results of Operations and Financial Condition.
On August 7, 2025, i3 Verticals, Inc. (the “Company”) issued a press release announcing the results of its operations for the three and nine months ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 hereto and is hereby incorporated by reference into this Item 2.02.
Item 7.01.    Regulation FD Disclosure.

The Company has also prepared a supplemental presentation (the “Supplemental Presentation”) providing certain supplemental financial information for the three and nine months ended June 30, 2025. A copy of the Supplemental Presentation is furnished as Exhibit 99.2 hereto and is hereby incorporated by reference into this Item 7.01. A copy of the Supplemental Presentation is also available on the Investors section of the Company’s website, www.i3verticals.com.

Item 8.01. Other Events.
On August 7, 2025, the Company’s Board of Directors approved a new share repurchase program for the Company’s Class A common stock, under which the Company may repurchase up to $50 million of outstanding shares of Class A common stock (exclusive of fees, commissions or other expenses related to such repurchases). This new share purchase program replaces the Company’s prior share repurchase program which terminates on August 8, 2025.
This share repurchase program will terminate on the earlier of September 30, 2026, or when the maximum dollar amount under the authorization has been expended. Pursuant to this authorization, repurchases may be made from time to time in the open market, through privately negotiated transactions, or otherwise, including under Rule 10b5-1 plans. In addition, any repurchases under this share repurchase program will be subject to prevailing market conditions, liquidity and cash flow considerations, applicable securities laws requirements (including under Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as applicable), compliance with contractual restrictions under the Company’s credit facility, and other factors. This share repurchase program does not require the Company to acquire any particular amount of shares of Class A common stock, and may be extended, modified, suspended or discontinued at any time at the Company’s discretion.
Item 9.01.     Financial Statements and Exhibits.

(d) Exhibits:
Exhibit No.Description
99.1
Press release issued by i3 Verticals, Inc. on August 7, 2025
99.2
Supplemental Presentation
104Cover Page Interactive Date File (embedded within the Inline XBRL document).





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 7, 2025

i3 VERTICALS, INC.
By:
/s/ Geoff Smith
Name:
Geoff Smith
Title:
Chief Financial Officer
(Principal Financial Officer and Principal Accounting Officer)

FAQ

Who was appointed to C.H. Robinson's board on August 7 2025?

The company elected Edward G. Feitzinger, former Amazon VP of Global Logistics and ex-CEO of UTi Worldwide.

Does the appointment of Edward Feitzinger replace an existing director at CHRW?

No. Feitzinger fills a newly created seat; no directors departed according to the 8-K.

What relevant experience does Feitzinger bring to C.H. Robinson?

He led Amazon’s global logistics (2016-2020) and was CEO of $4.2 bn freight forwarder UTi Worldwide, operating in 59 countries.

Were compensation terms or committee assignments disclosed for the new director?

The 8-K does not disclose any compensation package or committee appointments for Mr. Feitzinger.

Is there any other material event in CHRW's August 7 2025 8-K?

No additional material events were reported; the filing solely covers the board appointment and related exhibit.
I3 Verticals

NASDAQ:IIIV

IIIV Rankings

IIIV Latest News

IIIV Latest SEC Filings

IIIV Stock Data

685.21M
23.76M
2.15%
113.64%
11%
Software - Infrastructure
Services-business Services, Nec
United States
NASHVILLE