Team Inc (TISI) CEO adds 5,800 shares in open-market stock buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Team Inc Chief Executive Officer Gary L. Hill made an open-market purchase of company stock. On this transaction date, he bought 5,800 shares of Team Inc Common Stock at a price of $16.22 per share. Following the purchase, he directly owns 45,437 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,800 shares ($94,076)
Net Buy
1 txn
Insider
Hill Gary L.
Role
Chief Executive Officer
Bought
5,800 shs ($94K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,800 | $16.22 | $94K |
Holdings After Transaction:
Common Stock — 45,437 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,800 shares
Purchase price: $16.22 per share
Shares owned after transaction: 45,437 shares
+1 more
4 metrics
Shares purchased
5,800 shares
Open-market purchase of Common Stock
Purchase price
$16.22 per share
Price paid in the open-market transaction
Shares owned after transaction
45,437 shares
Direct holdings following the purchase
Transaction type
Open-market purchase (Code P)
Non-derivative Form 4 transaction code
Key Terms
open-market purchase, Common Stock, Chief Executive Officer
3 terms
open-market purchase financial
"described as an open-market purchase of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"bought 5,800 shares of Team Inc Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Executive Officer financial
"Gary L. Hill serves as Chief Executive Officer"
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
What insider transaction did Team Inc (TISI) report for its CEO?
Team Inc reported that CEO Gary L. Hill made an open-market purchase of Common Stock. He bought 5,800 shares, increasing his direct ownership to 45,437 shares after the transaction, according to the Form 4 filing details.
Was the Team Inc (TISI) CEO’s transaction a buy or a sell?
The transaction was a buy. The Form 4 shows a code "P" and describes it as an open-market purchase, meaning Gary L. Hill acquired additional Team Inc Common Stock rather than selling or disposing of existing holdings.
Is the Team Inc (TISI) CEO’s ownership direct or through another entity?
The Form 4 indicates Gary L. Hill’s ownership as direct. The direct_or_indirect field is coded "D," and there is no accompanying footnote transferring voting or investment authority to another entity or trust for these shares.