Horton Anthony R 4

What Happened

• Anthony R. Horton, a director of TEAM INC (TISI), made open-market purchases of company stock in March 2026. He bought 10,000 shares on 2026-03-20 at $14.44 ($144,400) and 3,000 shares on 2026-03-30 at $16.19 ($48,570), for a combined 13,000 shares costing $192,970 (avg ~ $14.84/share). These were purchases (a bullish signal in that insiders are acquiring equity rather than selling).

Key Details

• Transaction dates and prices:
  • 2026-03-20: 10,000 shares @ $14.44 = $144,400 (code P — purchase)
  • 2026-03-30: 3,000 shares @ $16.19 = $48,570 (code P — purchase)
• Total acquired: 13,000 shares for $192,970 (approx. $14.84/share)
• Shares owned after transaction: not specified in the provided filing details
• Footnotes/plans: no 10b5-1 plan, tax-withholding, or other footnotes disclosed in the summary provided
• Filing timeliness: Form filed 2026-04-01 — the 2026-03-30 purchase appears to be filed within the typical two-business-day window, but the 2026-03-20 purchase was reported on 2026-04-01 (beyond two business days) and therefore appears late in this filing

Context

• These were straightforward open-market purchases (insider purchase = direct acquisition of shares). Purchases by directors are often considered more informative than routine sales, but they are not proof of future performance. No options exercises, gifts, or other derivative transactions were reported in the provided data.