Tech — Software
I3 Verticals Executive Compensation (FY25)
IIIV · Nashville, TN · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): March 3, 2026
192 figures on this page: 189 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Total compensation for Gregory Daily, Chief Executive Officer and Chairman, came to $351,182 in fiscal 2025, and Daily's total was 0.3% higher than the $350,250 reported for fiscal 2024. The company reported a chief executive pay ratio of 4:1 for fiscal 2025, against median employee compensation of $80,000. Shareholders recorded 98.3% support for the say-on-pay proposal at the meeting held March 3, 2026 for fiscal 2025. The disclosed peer group includes Agilysys, American Software, BTRS Holdings, Cantaloupe (f.k.a USA Tech.) and Cass Information Systems, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Gregory Daily: $350,250 → $351,182 (0.3% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is I3 Verticals' chief executive and what were they paid?
Total compensation for Gregory Daily, Chief Executive Officer and Chairman, came to $351,182 in fiscal 2025. Daily's total was 0.3% higher than the $350,250 reported for fiscal 2024.
What was I3 Verticals' say-on-pay result?
Shareholders recorded 98.3% support for the say-on-pay proposal at the meeting held March 3, 2026 for fiscal 2025.
Which companies are in I3 Verticals' peer group?
The disclosed peer group includes Agilysys, American Software, BTRS Holdings, Cantaloupe (f.k.a USA Tech.) and Cass Information Systems, among others.
What is I3 Verticals' chief executive pay ratio?
The company reported a chief executive pay ratio of 4:1 for fiscal 2025, against median employee compensation of $80,000.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rick Stanford President | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Clay Whitson Chief Financial Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Paul Christians Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Paul Maple General Counsel Secretary | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Gregory Daily Chief Executive Officer and Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rick Stanford President | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Geoff Smith Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Clay Whitson Chief Strategy Officer (Former Principal Financial Officer) Departed during or after this year | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Paul Christians Chief Revenue Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Paul Maple General Counsel & Secretary | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Gregory Daily Chief Executive Officer and Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Paul Christians Chief Revenue Officer | ◇ | — | ◇ | — | — | — | — | ◇ |
Rick Stanford President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Clay Whitson Chief Strategy Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Geoff Smith Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Gregory Daily Chief Executive Officer and Chairman | ◇ | — | — | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Clay Whitson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Geoff Smith | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Paul Christians | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rick Stanford | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Clay Whitson | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 6/20/2028 | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/13/2034 | |
| Option | ◇ | — | ◇ | 2/11/2031 | |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| Option | ◇ | — | ◇ | 2/13/2033 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/13/2030 | |
| Rick Stanford | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 2/11/2031 | |
| Option | ◇ | — | ◇ | 2/13/2033 | |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/13/2034 | |
| Option | ◇ | — | ◇ | 6/20/2028 | |
| Option | ◇ | — | ◇ | 2/13/2030 | |
| Geoff Smith | Option | ◇ | — | ◇ | 2/13/2034 |
| Option | ◇ | — | ◇ | 11/6/2030 | |
| Option | ◇ | — | ◇ | 6/20/2028 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 6/22/2031 | |
| Option | ◇ | — | ◇ | 2/13/2033 | |
| Option | ◇ | — | ◇ | 2/11/2032 | |
| Option | ◇ | — | ◇ | 2/11/2031 | |
| Option | ◇ | — | ◇ | 2/13/2030 | |
| Option | ◇ | — | ◇ | 6/22/2030 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Paul Christians | Option | ◇ | — | ◇ | 2/11/2032 |
| Option | ◇ | — | ◇ | 2/13/2030 | |
| Option | ◇ | — | ◇ | 5/31/2029 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/13/2033 | |
| Option | ◇ | — | ◇ | 2/13/2034 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
David Morgan Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
David Wilds | ◇ | ◇ | — | — | — | — | ◇ |
Timothy McKenna | ◇ | ◇ | — | — | — | — | ◇ |
Elizabeth Seigenthaler Courtney | ◇ | ◇ | — | — | — | — | ◇ |
John Harrison | ◇ | ◇ | — | — | — | — | ◇ |
Decosta Jenkins | ◇ | ◇ | — | — | — | — | ◇ |
Clay Whitson and Gregory Daily served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board equity retainer | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
- Agilysys AGYS
- American Software symbol not shown
- BTRS Holdings symbol not shown
- Cantaloupe (f.k.a USA Tech.) CTLP
- Cass Information Systems CASS
- eGain Corp. EGAN
- EngageSmart ESMT
- EverCommerce EVCM
- EVO Payments EVOP
- GreenSky symbol not shown
- Hackett Group HCKT
- International Money Express IMXI
- Paya Holdings PAYA
- Perficient PRFT
- Priority Technology PRTH
- PROS Holdings PRO
- Repay Holdings RPAY
- Veritone VERI
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | March 3, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | February 25, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | February 22, 2024 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact I3 Verticals disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where I3 Verticals sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
192 figures on this page: 189 cited to the filing that reported them, 3 calculated from figures it prints.
189 cited to the filing
3 calculated from the filing
Documents cited
- 0001728688-26-000026Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001728688-26-000009CEO Pay Ratio · EXECUTIVE COMPENSATION · EXECUTIVE COMPENSATION COMPENSATION DISCUSSION AND ANALYSIS · Non-Employee Director Compensation · and 2 more sections
- 0001728688-25-000072Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001728688-25-000006Summary Compensation Table
- 0001728688-24-000053
- 0001728688-24-000006Summary Compensation Table
Cite this data
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Velarion, “I3 Verticals executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/IIIV (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers I3 Verticals discloses
The companies named in IIIV's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}