Teamshares director Hendrix gets 14,000-unit stock grant

The separate Sponsor-held position includes shares subject to forfeiture based on stock-price thresholds and under a 2025 Sponsor Letter Agreement.

Rhea-AI Filing Summary

Teamshares Inc director Richard J. Hendrix received an award of 14,000 restricted stock units on September 29, 2026, vesting in full upon the earlier of the grant’s one-year anniversary or the date of the issuer’s 2027 Annual Meeting. Direct holdings after the award were 14,000 shares. Separately, Live Oak Sponsor V, LLC holds 5,124,547 shares of record; Hendrix is its managing member and holds voting and investment discretion over those securities. He disclaims beneficial ownership except to the extent of his pecuniary interest. Of the Sponsor-held shares, 1,150,000 are subject to forfeiture if certain stock price thresholds are not achieved, and 524,781 are subject to forfeiture as detailed in the Sponsor Letter Agreement dated November 14, 2025.

Insider Trade Summary

Grant/Award: 14,000 shares

Grant/Award 2 txns

Insider HENDRIX RICHARD J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	14,000	$0.00	$0.00
holding	Common Stock F3, F2	--	--	--

Holdings After Transaction: Common Stock — 14,000 shares (Direct); Common Stock — 5,124,547 shares (Indirect, See Footnote)

Footnotes (3)

1. F1. Represents an award of restricted stock units that vest in full upon the earlier of (i) the one-year anniversary of the grant date and (ii) the date of the Issuer's 2027 Annual Meeting.
2. F2. The securities reported herein are held of record by Live Oak Sponsor V, LLC (the "Sponsor"). The Reporting Person is the managing member of the Sponsor and holds voting and investment discretion with respect to the securities held of record by the Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of the securities held of record by the Sponsor. The Reporting Person disclaims any beneficial ownership except to the extent of his pecuniary interest therein.
3. F3. 1,150,000 shares are subject to forfeiture if certain stock price thresholds are not achieved, and 524,781 shares are subject to forfeiture as detailed in the Sponsor Letter Agreement, dated November 14, 2025, between the Issuer (formerly known as Live Oak Acquisition Corp. V) and the Sponsor (the "Sponsor Letter Agreement").

Key Figures

Restricted stock units awarded: 14,000 restricted stock units Direct holdings after award: 14,000 shares Shares held of record by Live Oak Sponsor V, LLC: 5,124,547 shares +2 more

5 metrics

Restricted stock units awarded 14,000 restricted stock units Awarded September 29, 2026

Direct holdings after award 14,000 shares Reported after the award

Shares held of record by Live Oak Sponsor V, LLC 5,124,547 shares Indirect holding reported by Hendrix

Shares subject to forfeiture if stock price thresholds are not achieved 1,150,000 shares Sponsor-held shares

Shares subject to forfeiture under the Sponsor Letter Agreement 524,781 shares Sponsor-held shares; agreement dated November 14, 2025

Key Terms

restricted stock units, beneficial ownership, pecuniary interest, subject to forfeiture

4 terms

restricted stock units financial

"award of restricted stock units that vest in full"

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.

beneficial ownership financial

"disclaims any beneficial ownership except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

subject to forfeiture financial

"shares are subject to forfeiture if certain stock price thresholds are not achieved"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many restricted stock units did TMS director Richard J. Hendrix receive?

Teamshares Inc director Richard J. Hendrix received an award of 14,000 restricted stock units on September 29, 2026. The units vest in full upon the earlier of the one-year anniversary of the grant date and the date of the issuer’s 2027 Annual Meeting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/08/2026 - 09:11 PM EDT Accepted by SEC EDGAR 10/08/2026 - 09:10 PM EDT Learn about SEC filing dates

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^*

HENDRIX RICHARD J

(Last) (First) (Middle)

C/O TEAMSHARES INC.

214 SULLIVAN STREET, 3B

(Street)

NEW YORK NEW YORK 10012

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Teamshares Inc [ TMS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/29/2026		A		14,000(1)	A	$0	14,000	D
Common Stock								5,124,547(3)	I	See Footnote(2)

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:

1. Represents an award of restricted stock units that vest in full upon the earlier of (i) the one-year anniversary of the grant date and (ii) the date of the Issuer's 2027 Annual Meeting.

2. The securities reported herein are held of record by Live Oak Sponsor V, LLC (the "Sponsor"). The Reporting Person is the managing member of the Sponsor and holds voting and investment discretion with respect to the securities held of record by the Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of the securities held of record by the Sponsor. The Reporting Person disclaims any beneficial ownership except to the extent of his pecuniary interest therein.

3. 1,150,000 shares are subject to forfeiture if certain stock price thresholds are not achieved, and 524,781 shares are subject to forfeiture as detailed in the Sponsor Letter Agreement, dated November 14, 2025, between the Issuer (formerly known as Live Oak Acquisition Corp. V) and the Sponsor (the "Sponsor Letter Agreement").

	/s/ Jordyn Ashley, Attorney-in-fact	10/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)