Team Inc (TISI) CFO vests 18,703 RSUs; tax withheld at $15.86
Team Inc (TISI) reported an insider transaction by its Chief Financial Officer.
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
Exercise
3 txns
Insider
HAIGHT NELSON M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,703 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,703 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,986 | $15.86 | $111K |
Holdings After Transaction:
Restricted Stock Units — 18,703 contracts (Direct);
Common Stock — 42,247 shares (Direct)
Footnotes (4)
- F1. Represents vesting of Restricted Stock Units and conversion to Team Common Stock.
- F2. Represents Stock Units withheld to satisfy tax obligations.
- F3. Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.
- F4. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.