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.
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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.
Insider Trade Summary
| 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 |
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
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What did Team Inc (TISI) disclose in this Form 4?
What is the RSU vesting schedule for these awards?
What position does the reporting person hold at TISI?
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