Team Inc (TISI) CFO discloses 9,175 restricted stock units in initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
TEAM INC Chief Financial Officer Clinton William Roeder filed an initial statement of beneficial ownership. He reports holding 9,175 restricted stock units, each representing a right to receive one share of TISI common stock. These RSUs vest in three equal installments on May 31, 2027, 2028, and 2029, subject to continued service. The filing shows no directly owned common shares at this time.
Positive
- None.
Negative
- None.
Insights
Routine Form 3 showing a new RSU award and no trades.
This Form 3 from TEAM INC records CFO Clinton William Roeder’s initial beneficial ownership position. It shows an award of 9,175 restricted stock units, each convertible into one share of common stock, with no open-market buying or selling.
The RSUs vest one-third annually on May 31, 2027, May 31, 2028, and May 31, 2029, conditioned on continued service. This is standard long-term incentive compensation meant to align the executive’s interests with shareholders, without implying any view on the current share price.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Roeder Clinton William
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 9,175 shares (Direct, null);
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock. The restricted stock units vest one-third on each of 5/31/27, 5/31/28 and 5/31/29, subject to continued service through each such date. On June 22, 2026, the reporting person received an award of 9,175 restricted stock units.
Key Figures
Restricted stock units: 9,175 units
Underlying common stock: 9,175 shares
Directly owned common stock: 0 shares
+3 more
6 metrics
Restricted stock units
9,175 units
Award reported on Form 3 for CFO
Underlying common stock
9,175 shares
One share of TISI common stock per RSU
Directly owned common stock
0 shares
Total common shares following reported holdings
Vesting date 1
May 31, 2027
First one-third of RSUs vest
Vesting date 2
May 31, 2028
Second one-third of RSUs vest
Vesting date 3
May 31, 2029
Final one-third of RSUs vest
Key Terms
Restricted Stock Units, contingent right, vest, beneficial ownership
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock."
vest financial
"The restricted stock units vest one-third on each of 5/31/27, 5/31/28 and 5/31/29, subject to continued service through each such date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficial ownership financial
"Initial statement of beneficial ownership position reported for the CFO."
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.
FAQ
What does the TEAM INC (TISI) Form 3 filing report for the CFO?
The Form 3 shows CFO Clinton William Roeder’s initial beneficial ownership. It reports an award of 9,175 restricted stock units, each tied to one share of TISI common stock, with no directly owned common shares disclosed.
How many restricted stock units does the TEAM INC CFO hold according to this Form 3?
The filing reports that the TEAM INC CFO holds 9,175 restricted stock units. Each unit represents a contingent right to receive one share of TISI common stock if vesting conditions tied to continued service are met.
When do the 9,175 TEAM INC restricted stock units vest for the CFO?
The restricted stock units vest in three equal installments. One-third vests on May 31, 2027, another third on May 31, 2028, and the final third on May 31, 2029, assuming the CFO continues service through each date.
Did the TEAM INC CFO buy or sell any TISI common stock in this Form 3?
No open-market purchases or sales are reported. The Form 3 reflects holdings only: zero directly owned common shares and an award of 9,175 restricted stock units, which are equity compensation rather than a market transaction.
What is the relationship between the TEAM INC RSUs and common stock in this filing?
Each restricted stock unit represents a contingent right to receive one share of TEAM INC common stock. Delivery of shares depends on the RSUs vesting over time, with vesting tied to the CFO’s continued service through specified future dates.