STOCK TITAN

Team Inc. (TISI) major holders report sale of 1.6M common shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Entities associated with Corre Partners Management, LLC, identified as ten percent owners of Team Inc., reported a sale of 1,604,326 shares of common stock on 2026-08-06 at $35.50 per share. The shares are reported as held through indirect ownership, with additional explanatory notes referenced in an exhibit.

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Negative

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Insights

Analyzing...

Insider Corre Partners Management, LLC, Corre Opportunities Qualified Master Fund, LP, CORRE HORIZON FUND, LP, Corre Horizon II Fund, LP
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 1,604,326 shs ($56.95M)
Type Security Shares Price Value
Sale Common Stock, par value $0.30 per share F1 1,604,326 $35.50 $56.95M
Holdings After Transaction: Common Stock, par value $0.30 per share — 0 shares (Indirect, See footnote)
Footnotes (1)
  1. F1. Notes are included on Exhibit 99.1.
Shares sold 1,604,326 shares Non-derivative common stock sale on 2026-08-06
Sale price per share $35.50 per share Price for the 2026-08-06 common stock sale
Net buy/sell shares 1,604,326 shares sold Net insider trading activity in this Form 4
Reporting persons designated as ten percent owners 4 entities Corre Partners Management, LLC and three affiliated funds
ten percent owner regulatory
"each reporting person is identified as a ten percent owner"
indirect ownership regulatory
"direct_or_indirect field shows I, indicating indirect ownership"
non-derivative financial
"transaction_type is non-derivative for the common stock sale"
Common Stock, par value $0.30 per share financial
"security_title is Common Stock, par value $0.30 per share"

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FAQ

What insider transaction did TEAM INC (TISI) report in this Form 4?

TEAM INC reported that entities associated with Corre Partners sold 1,604,326 shares of common stock on 2026-08-06 at $35.50 per share, as an indirectly held position.

Who are the reporting persons in the TEAM INC (TISI) Form 4 filing?

The filing lists Corre Partners Management, LLC and three affiliated funds as reporting persons. Each is identified as a ten percent owner of Team Inc., indicating significant ownership stakes.

Was the TEAM INC (TISI) insider sale made under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not selected, and the footnotes provided do not state that the sale occurred under a trading plan.

How many TEAM INC (TISI) shares were sold and at what price?

A total of 1,604,326 shares of Team Inc. common stock were sold at a price of $35.50 per share. The transaction is coded as a sale of non-derivative securities.

Is the TEAM INC (TISI) Form 4 sale direct or indirect ownership?

The reported sale reflects indirect ownership, with the nature of ownership marked as “See footnote.” The filing notes that additional explanatory responses are included in Exhibit 99.1.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Corre Partners Management, LLC

(Last)(First)(Middle)
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEAM INC [ TISI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.30 per share08/06/2026S1,604,326D$35.5$0ISee footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Corre Partners Management, LLC

(Last)(First)(Middle)
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(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*
Corre Opportunities Qualified Master Fund, LP

(Last)(First)(Middle)
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(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*
CORRE HORIZON FUND, LP

(Last)(First)(Middle)
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(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*
Corre Horizon II Fund, LP

(Last)(First)(Middle)
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(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. Notes are included on Exhibit 99.1.
Remarks:
Exhibit List: Exhibit 99.1 Explanation of Responses
Corre Opportunities Qualified Master Fund, LP By: Corre Partners Advisors, LLC, its general partner /s/ John Barrett, Managing Member08/10/2026
Corre Partners Management, LLC /s/ John Barrett, Managing Member08/10/2026
Corre Horizon Fund, LP By: Corre Partners Advisors, LLC, its general partner /s/ John Barrett, Managing Member08/10/2026
Corre Horizon II Fund, LP By: Corre Partners Advisors, LLC, its general partner /s/ John Barrett, Managing Member08/10/2026
** 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 4 (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 4: SEC 1474 (03-26)