Director Michael J. Caliel filed a Form 4 with the SEC on October 27, 2026, reporting the acquisition of 25,293 shares of Team Inc common stock on October 24, 2026, through the vesting of a restricted stock unit award.

Key Highlights

  • Reporting person: Michael J. Caliel, a Director of Team Inc (NYSE:TISI)
  • Transaction date: October 24, 2026
  • Shares acquired: 25,293 shares of common stock, coded as a purchase (P) and acquired (A) at a price of $0
  • Nature of transaction: According to the filing, the shares represent "vesting of the remainder of a restricted stock unit award"
  • Resulting ownership: Following the transaction, Caliel directly beneficially owns 116,984 shares of Team Inc common stock

Team Inc Director Caliel Reports RSU Vesting of 25,293 Shares on October 24, 2026

According to the Form 4 filed on October 27, 2026, Michael J. Caliel, a Director of Team Inc (NYSE:TISI), reported a change in his beneficial ownership of the company's common stock. The transaction, dated October 24, 2026, involved the acquisition of 25,293 shares, recorded under transaction code "P" and classified as acquired at a price of $0.

The filing's footnote states that the 25,293 shares "represents vesting of the remainder of a restricted stock unit award." No derivative securities were reported in connection with this transaction. The shares are held directly by the reporting person.

Following the reported transaction, the filing discloses that Caliel directly beneficially owns 116,984 shares of Team Inc common stock. No indirect ownership or derivative security positions were reported in the filing. The Form 4 was signed by Michael J. Caliel and filed on October 27, 2026.

What Was Disclosed

Director Michael J. Caliel's Form 4 discloses the October 24, 2026 vesting of the remainder of a restricted stock unit award, resulting in the acquisition of 25,293 shares of Team Inc common stock at $0, bringing his direct beneficial ownership to 116,984 shares.