Team Inc (TISI) director group reports purchase of 14,034 common shares

Rhea-AI Filing Summary

Team Inc (TISI) reported insider share purchases by a director-level investor group affiliated with Corre funds. On 12/01/2025, the group bought 13,334 shares of common stock at $14.83 per share, and on 12/03/2025 they purchased another 700 shares at $14.89 per share, totaling 14,034 shares acquired. After these transactions, the group beneficially owned 1,601,330 shares, reported as held indirectly. The filing notes that additional explanatory details are provided in Exhibit 99.1.

SEC Form 4

FORM 4

UNITED 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
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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 NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TEAM INC [ TISI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.30 per share	12/01/2025		P		13,334	A	$14.83(1)	1,600,630	I	See footnote(2)
Common Stock, par value $0.30 per share	12/03/2025		P		700	A	$14.89(3)	1,601,330	I	See footnote(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% 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

40TH FLOOR

(Street)

NEW YORK NY

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% 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 NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% 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 NY 10017

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Notes are included on Exhibit 99.1.

2. Notes are included on Exhibit 99.1

3. Notes are included on Exhibit 99.1.

4. 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 Member	12/03/2025
	Corre Partners Management, LLC /s/ John Barrett, Managing Member	12/03/2025
	Corre Horizon Fund, LP By: Corre Partners Advisors, LLC, its general partner /s/ John Barrett, Managing Member	12/03/2025
	Corre Horizon II Fund, LP By: Corre Partners Advisors, LLC, its general partner /s/ John Barrett, Managing Member	12/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions were reported for Team Inc (TISI) in this Form 4?

The filing reports that an investor group affiliated with Corre funds purchased 13,334 Team Inc common shares at $14.83 per share on 12/01/2025 and 700 shares at $14.89 per share on 12/03/2025, for a total of 14,034 shares acquired.

What type of security did the Corre-related entities buy in Team Inc (TISI)?

They bought common stock of Team Inc, with a par value of $0.30 per share, in two open-market purchase transactions.

How many Team Inc (TISI) shares are beneficially owned after the reported transactions?

Following the reported purchases, the group reported 1,601,330 Team Inc common shares as beneficially owned on an indirect basis.

What is the relationship of the reporting persons to Team Inc (TISI)?

The reporting persons are identified as having a relationship to Team Inc as Directors, with the Form 4 indicating the director box is checked and the 10% owner box unchecked.

Were any derivative securities reported for Team Inc (TISI) in this Form 4?

The section for derivative securities is included but contains no specific entries, indicating no derivative security acquisitions or dispositions were reported in this excerpt.

Where can investors find more detail on the Form 4 transactions for Team Inc (TISI)?

The filing states that additional explanatory notes are provided in Exhibit 99.1, labeled as the Explanation of Responses.