TISI CFO reports RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Team Inc (TISI) reported an insider transaction by its Chief Financial Officer. On 11/06/2025, 18,703 restricted stock units vested and converted into common stock. To cover taxes, 6,986 shares were withheld at $15.86 per share. Following these transactions, the officer held 42,247 shares directly.
The RSUs vest in three tranches: one‑third on 11/06/2024, one‑third on 11/06/2025, and the remaining one‑third on 11/06/2026, with each RSU delivering one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,703 shares exercised/converted
Mixed
3 txns
Insider
HAIGHT NELSON M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,703 | $0.00 | -- |
| Exercise | Common Stock | 18,703 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,986 | $15.86 | $111K |
Holdings After Transaction:
Restricted Stock Units — 18,703 shares (Direct);
Common Stock — 49,233 shares (Direct)
Footnotes (1)
- Represents vesting of Restricted Stock Units and conversion to Team Common Stock. Represents Stock Units withheld to satisfy tax obligations. Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock. Stock Units vested one-third on 11/6/2024 and 11/6/2025, with last one-third vesting on 11/6/2026, unless earlier terminated in accordance with the Plan. Stock Units will automatically be converted into shares of Common Stock in accordance with the respective vesting schedule.
FAQ
What did Team Inc (TISI) disclose in this Form 4?
The CFO had 18,703 RSUs vest and convert to common stock on 11/06/2025, with 6,986 shares withheld for taxes at $15.86.
What is the RSU vesting schedule for these awards?
The RSUs vest one‑third on 11/06/2024, one‑third on 11/06/2025, and the final one‑third on 11/06/2026.
What position does the reporting person hold at TISI?
The reporting person is the Chief Financial Officer of Team Inc.