TISI CFO reports RSU vesting and tax-share withholding

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.

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

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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^*

HAIGHT NELSON M

(Last) (First) (Middle)

13131 DAIRY ASHFORD

SUITE 600

(Street)

SUGAR LAND TX 77478

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

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2025

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

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

X	Form filed by One Reporting Person
	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	11/06/2025		M		18,703(1)	A	(1)	49,233	D
Common Stock	11/06/2025		F		6,986(2)	D	$15.86	42,247	D

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
Restricted Stock Units	(3)	11/06/2025		M			18,703	(4)	11/06/2033	Common Stock	18,703	(3)	18,703	D

Explanation of Responses:

1. Represents vesting of Restricted Stock Units and conversion to Team Common Stock.

2. Represents Stock Units withheld to satisfy tax obligations.

3. Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock.

4. 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.

Remarks:

	/s/ Nelson M. Haight	11/10/2025
	** Signature of Reporting Person	Date
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.

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.

How many TISI shares does the officer own after the transactions?

After the reported transactions, the officer directly owns 42,247 shares.

What was the purpose of the 6,986 share disposition?

Those shares were withheld to satisfy tax obligations at a price of $15.86 per share.

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.

How many shares were acquired due to RSU vesting?

A total of 18,703 shares of common stock were acquired upon RSU vesting.

What position does the reporting person hold at TISI?

The reporting person is the Chief Financial Officer of Team Inc.