Team Inc's Financial Chief Increases Stake Despite Partial Share Disposal

Rhea-AI Filing Summary

Team CFO Nelson M. Haight reported significant stock transactions on June 21, 2025. The filing reveals two key transactions:

• Acquisition of 8,720 shares of common stock at $0 through the conversion of derivative securities (Transaction Code: M)
• Disposition of 3,179 shares of common stock at $0, likely for tax withholding purposes (Transaction Code: F)

Following these transactions, Haight directly owns 30,530 shares of Team common stock. The transactions occurred at the company's Sugar Land, TX headquarters. This Form 4 filing, submitted on June 23, 2025, reflects changes in the CFO's beneficial ownership position and complies with SEC Section 16(a) reporting requirements.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider HAIGHT NELSON M

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Common Stock	8,720	$0.00	--
Tax Withholding	Common Stock	3,179	$0.00	--

Holdings After Transaction: Common Stock — 33,709 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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)
06/21/2025

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	06/21/2025		M		8,720	A	$0	33,709	D
Common Stock	06/21/2025		F		3,179	D	$0	30,530	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

Explanation of Responses:

Remarks:

	/s/ Nelson M. Haight	06/23/2025
	** 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 insider trading activity occurred at TISI (Team Inc) on June 21, 2025?

On June 21, 2025, TISI's Chief Financial Officer Nelson M. Haight acquired 8,720 shares of Common Stock at $0 (likely through vesting of equity awards) and disposed of 3,179 shares. Following these transactions, Haight owned 30,530 shares directly.

How many shares does TISI CFO Nelson Haight own after the June 2025 transactions?

Following the reported transactions on June 21, 2025, Nelson M. Haight, TISI's Chief Financial Officer, beneficially owned 30,530 shares of Common Stock held in direct ownership (D).

What type of transaction codes were reported in TISI's Form 4 for June 21, 2025?

The Form 4 reported two transaction codes: Code 'M' for the acquisition of 8,720 shares (likely representing exercise or conversion of derivative securities) and Code 'F' for the disposition of 3,179 shares (typically indicates shares withheld for taxes).

What was the transaction price for TISI CFO's stock acquisition on June 21, 2025?

The Form 4 shows that CFO Nelson M. Haight acquired the TISI shares at a price of $0, suggesting these shares were received through equity compensation such as restricted stock units or performance shares rather than open market purchases.