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Khosla Ventures funds report large Teamshares (TMS) ownership position

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Teamshares Inc filed an initial insider ownership report showing that investment funds affiliated with Khosla Ventures hold a significant stake in the company’s Common Stock. The filing reports indirect ownership of 7,498,171 shares of Common Stock.

According to the disclosure, Khosla Ventures VII, L.P. holds 5,298,177 shares and Khosla Ventures Opportunity I, L.P. holds 2,199,994 shares. Their respective general partners and managing entities, including Khosla Ventures Associates VII, LLC, Khosla Ventures Opportunity Associates I, LLC, VK Services, LLC and Vinod Khosla, may be deemed to share beneficial ownership but each disclaims beneficial ownership except to the extent of any pecuniary interest.

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Insider Khosla Ventures VII, L.P., Khosla Ventures Opportunity I, L.P., Khosla Ventures Associates VII, LLC, Khosla Ventures Opportunity Associates I, LLC, VK Services, LLC, KHOSLA VINOD
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 7,498,171 shares (Indirect, See footnote)
Footnotes (1)
  1. [object Object]
Indirectly owned Common Stock 7,498,171 shares Total shares reported following transaction entry
Khosla Ventures VII, L.P. holdings 5,298,177 shares Common Stock held by Khosla Ventures VII, L.P.
Khosla Ventures Opportunity I, L.P. holdings 2,199,994 shares Common Stock held by Khosla Ventures Opportunity I, L.P.
ten percent owner financial
"is_ten_percent_owner": 1"
Common Stock financial
"Reflects (i) 5,298,177 shares of Common Stock held by"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"may be deemed to share beneficial ownership of the shares reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of their pecuniary interest therein"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Teamshares (TMS) Form 3 filing by Khosla Ventures report?

The Form 3 reports that Khosla Ventures-affiliated funds indirectly hold 7,498,171 shares of Teamshares Common Stock. This establishes them as large, over ten percent, shareholders and discloses the entities through which this ownership is held and managed.

How many Teamshares (TMS) shares does Khosla Ventures VII, L.P. hold?

Khosla Ventures VII, L.P. is reported to hold 5,298,177 shares of Teamshares Common Stock. This position forms the majority of the 7,498,171 total shares reported as indirectly owned through Khosla Ventures-affiliated entities in the filing.

How many Teamshares (TMS) shares does Khosla Ventures Opportunity I, L.P. hold?

Khosla Ventures Opportunity I, L.P. is reported to hold 2,199,994 shares of Teamshares Common Stock. These shares, together with those held by Khosla Ventures VII, L.P., comprise the total indirect stake disclosed in the initial ownership statement.

Who are the general partners for the Khosla Ventures funds holding Teamshares (TMS) stock?

The filing states that Khosla Ventures Associates VII, LLC is the general partner of Khosla Ventures VII, L.P., and Khosla Ventures Opportunity Associates I, LLC is the general partner of Khosla Ventures Opportunity I, L.P., overseeing those respective fund holdings.

What role does VK Services, LLC and Vinod Khosla have in the Teamshares (TMS) holdings?

VK Services, LLC is the sole manager of Khosla Ventures Associates VII, LLC and Khosla Ventures Opportunity Associates I, LLC, and Vinod Khosla is the managing member of VK Services, LLC, so they may be deemed to share beneficial ownership of the reported shares.

Why does the Teamshares (TMS) Form 3 mention a disclaimer of beneficial ownership?

The filing explains that each of Vinod Khosla and VK Services, LLC may be deemed to share beneficial ownership of the shares, but each disclaims beneficial ownership except to the extent of their pecuniary interest, clarifying the economic interest they attribute to themselves.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Khosla Ventures VII, L.P.

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2026
3. Issuer Name and Ticker or Trading Symbol
Teamshares Inc [ TMS ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock7,498,171ISee footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Khosla Ventures VII, L.P.

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Khosla Ventures Opportunity I, L.P.

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Khosla Ventures Associates VII, LLC

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Khosla Ventures Opportunity Associates I, LLC

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
VK Services, LLC

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
KHOSLA VINOD

(Last)(First)(Middle)
2128 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Reflects (i) 5,298,177 shares of Common Stock held by Khosla Ventures VII, LP and (ii) 2,199,994 shares of Common Stock held by Khosla Ventures Opportunity I, LP. The general partner of Khosla Ventures VII, LP is Khosla Ventures Associates VII, LLC. The general partner of Khosla Ventures Opportunity I, LP is Khosla Ventures Opportunity Associates I, LLC. VK Services, LLC is the sole manager of Khosla Ventures Associates VII, LLC and Khosla Ventures Opportunity Associates I, LLC. Vinod Khosla is the managing member of VK Services, LLC. Each of Mr. Khosla and VK Services, LLC may be deemed to share beneficial ownership of the shares reported herein, but each disclaims beneficial ownership except to the extent of their pecuniary interest therein.
Remarks:
Exhibit 24 - Power of Attorney.
Khosla Ventures VII, LP, By: Khosla Ventures Opportunity Associates VII, LLC, General Partner, By: /s/ John Demeter, attorney in fact for Vinod Khosla, Managing Member06/26/2026
Khosla Ventures Opportunity I, LP, By: Khosla Ventures Opportunity Associates I, LLC, General Partner, By: /s/ John Demeter, attorney in fact for Vinod Khosla, Managing Member06/26/2026
Khosla Ventures Associates VII, LLC, By: /s/ John Demeter, attorney in fact for Vinod Khosla, Managing Member06/26/2026
Khosla Ventures Opportunity Associates I, LLC, By: /s/ John Demeter, attorney in fact for Vinod Khosla, Managing Member06/26/2026
VK Services, LLC, By: /s/ John Demeter, attorney in fact for Vinod Khosla, Manager06/26/2026
Vinod Khosla, By: /s/ John Demeter, attorney in fact for Vinod Khosla06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)