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TEAM (NASDAQ: TEAM) files Rule 144 to resell 7,017 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TEAM reports an intended sale of 7,017 shares of Common Stock under Rule 144, listed as restricted stock to be sold on 05/13/2026 through the issuer. The notice also lists two recent sales by Brian Duffy: 1,222 shares on 02/19/2026 (value $99,409.94) and 982 shares on 02/17/2026 (value $80,327.40).

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice for intended resale of restricted shares.

The filing lists an intended resale of 7,017 shares of Common Stock as restricted stock with an intended sale date of 05/13/2026. Rule 144 notices are administrative disclosures that notify the market of planned resales under resale exemptions.

Prior transactions by Brian Duffy are disclosed: 1,222 shares sold on 02/19/2026 ($99,409.94) and 982 shares sold on 02/17/2026 ($80,327.40). Cash‑flow treatment and purchaser identities are not provided in the excerpt.

Intended resale 7,017 shares to be sold on 05/13/2026 as Restricted Stock
Prior sale by Brian Duffy 1,222 shares sold on 02/19/2026 for $99,409.94
Prior sale by Brian Duffy 982 shares sold on 02/17/2026 for $80,327.40
Rule 144 regulatory
"listed as a resale under Rule 144 for restricted shares"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Securities To Be Sold entry shows 'Restricted Stock' as the security type"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"document header and filer information reference Form 144 filings"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does TEAM's Form 144 disclose about planned sales?

It discloses an intended resale of 7,017 shares of Common Stock classified as restricted stock, with an indicated sale date of 05/13/2026. The form notifies the market of a planned resale under Rule 144 procedures.

Who sold shares recently according to the filing for TEAM?

The filing shows recent dispositions by Brian Duffy: 1,222 shares sold on 02/19/2026 for $99,409.94 and 982 shares sold on 02/17/2026 for $80,327.40. No purchaser identities are listed.

Does the Form 144 state how proceeds will be used?

No use‑of‑proceeds language appears in the provided excerpt. The filing lists share counts, dates, and values for prior sales but does not specify how cash proceeds from the intended resale will be applied.

What is Rule 144 and why is it used in this filing?

Rule 144 provides a resale exemption for restricted or control securities when conditions are met. This filing notifies the market of an intended resale of restricted stock under that rule, with timing and share amounts disclosed.