Stenger Edward J. 4
4 · TEAM INC · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Team Inc (TISI) Director Edward J. Stenger Buys 5,000 Shares
What Happened
Edward J. Stenger, a director of Team Inc (TISI), made two open-market purchases of common stock: 1,417 shares on 2026-03-23 at a weighted average price of $15.21 ($21,553) and 3,583 shares on 2026-03-24 at a weighted average price of $16.31 ($58,439). Total purchased equals 5,000 shares for roughly $79,992 (~$80k). These were purchases (a net acquisition), which some investors view as a positive signal, though motives are not disclosed.
Key Details
- Transaction dates and prices:
- 2026-03-23: 1,417 shares, weighted avg $15.21 (range $15.17–$15.47) — $21,553 (Footnote F1)
- 2026-03-24: 3,583 shares, weighted avg $16.31 (range $15.54–$16.73) — $58,439 (Footnote F2)
- Total: 5,000 shares purchased for ~$79,992.
- Filing: Form 4 filed 2026-03-25 for report period beginning 2026-03-23; appears timely (no late filing flag).
- Shares owned after the transaction: not specified in the data provided.
- Notable footnotes: Both purchases use weighted-average prices and were executed in multiple trades across the stated price ranges; the reporting person can provide per-trade price/quantity on request.
- Transaction code: P = Purchase (open-market).
Context
Open-market purchases by a company director are straightforward acquisitions of shares and can be of interest to retail investors as one data point on insider sentiment. This report shows ordinary purchases (not option exercises, gifts, or awards) and does not indicate any immediate sale or hedging. Remains factual — no inference should be drawn about future performance from this single filing.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-23$15.21/sh+1,417$21,553→ 11,307 total - Purchase
Common Stock
[F2]2026-03-24$16.31/sh+3,583$58,439→ 14,890 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price . These shares of common stock ("Shares") of Team Inc. (the "Issuer") were purchased in multiple transactions ranging from $15.17 to $15.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of Shares purchased at each separate price in the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price . These shares of common stock ("Shares") of Team Inc. (the "Issuer") were purchased in multiple transactions ranging from $15.54 to $16.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of Shares purchased at each separate price in the range set forth in this footnote.