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TEAM INC (TISI) awards 5,505 Restricted Stock Units to Chief Legal Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Webster James C. reported acquisition or exercise transactions in this Form 4 filing.

TEAM INC executive James C. Webster, EVP and Chief Legal Officer, received a grant of 5,505 Restricted Stock Units, each tied to one share of common stock. After this award, he holds 11,053 RSUs in total. These units vest in three equal installments on May 31, 2027, May 31, 2028, and May 31, 2029, contingent on continued service.

Positive

  • None.

Negative

  • None.
Insider Webster James C.
Role EVP and Chief Legal Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 5,505 $0.00 --
Holdings After Transaction: Restricted Stock Units — 11,053 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock Stock Units vest one-third on each of 5/31/2027, 5/31/2028 and 5/31/2029, subject to continued service through each such date.
RSUs granted 5,505 Restricted Stock Units Grant to EVP and Chief Legal Officer on 2026-06-17
Total RSUs after grant 11,053 Restricted Stock Units Holdings following reported transaction
Grant price per RSU $0.00 per unit Compensation-related award, no cash purchase
Underlying common shares 5,505 shares Each RSU represents one share of common stock
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"Stock Units vest one-third on each of 5/31/2027, 5/31/2028 and 5/31/2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"Stock Units vest one-third on each date, subject to continued service through each such date"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Webster James C.
(Last)(First)(Middle)
13131 DAIRY ASHFORD, SUITE 600
(Street)
SUGAR LAND TEXAS 77478
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TEAM INC [ TISI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/17/2026A5,505 (2) (2)Common Stock5,505$011,053D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of TISI Common Stock
2. Stock Units vest one-third on each of 5/31/2027, 5/31/2028 and 5/31/2029, subject to continued service through each such date.
Remarks:
/s/ James C. Webster06/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TEAM INC (TISI) report for James C. Webster?

TEAM INC reported that EVP and Chief Legal Officer James C. Webster received 5,505 Restricted Stock Units. Each unit represents a contingent right to receive one share of TISI common stock as part of his equity-based compensation package.

How many TEAM INC (TISI) Restricted Stock Units does James C. Webster hold after this filing?

After this grant, James C. Webster holds a total of 11,053 Restricted Stock Units. These RSUs represent potential future shares of TEAM INC common stock, subject to the specified vesting schedule and continued service conditions described in the filing.

What is the vesting schedule for James C. Webster’s TEAM INC (TISI) RSU grant?

The 5,505 Restricted Stock Units vest in three equal parts. One-third vests on May 31, 2027, another third on May 31, 2028, and the final third on May 31, 2029, provided he continues serving through each vesting date.

What does each TEAM INC (TISI) Restricted Stock Unit represent in this Form 4?

Each Restricted Stock Unit granted to James C. Webster represents a contingent right to receive one share of TEAM INC common stock. The units convert into actual shares only as they vest under the terms outlined in the award agreement.

Is James C. Webster’s TEAM INC (TISI) RSU grant an open-market purchase or sale?

The RSU grant is not an open-market purchase or sale. It is a compensation-related award classified as a grant or other acquisition, reported under transaction code A with no cash price per share in this Form 4.