Form 4: TEAM INC Director Acquires Shares in Open Market Transaction

Director Anthony R. Horton purchased 1,082 shares of TEAM INC common stock at a price of $15.24 per share.

Summary

• On November 15, 2024, Anthony R. Horton, a director of TEAM INC, acquired 1,082 shares of the company's common stock.
• The shares were purchased at a price of $15.24 per share.
• Following this transaction, Mr. Horton directly owns 2,081 shares of TEAM INC.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director buying shares is generally a good sign, but this is a small transaction and not a major event.

Positives

• A director's purchase of shares can be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This is a standard Form 4 filing, which is a routine disclosure of insider transactions. It does not indicate any specific industry trend but rather reflects individual director's investment decisions.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• There are no specific industry benchmarks to compare this transaction against, as it is an individual director's decision.

Stakeholder Impact

• The share purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

TEAM INC, insider trading, share purchase, director, Anthony R. Horton, common stock, Form 4