Stenger Edward J. 4
Research Summary
AI-generated summary
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.