TEAM INC: management transactions · United States · SEC (Form 4)

About TEAM INC

TEAM, Inc. (NYSE: TISI) is a U.S.-based specialty industrial services company focused on asset integrity, inspection, maintenance, and repair of mission-critical equipment. Headquartered in Sugar Land, Texas, United States, TEAM serves heavy industrial end markets where safety, reliability, and regulatory compliance are essential, including refining, petrochemicals, power generation, pipelines, and other high-temperature, high-pressure applications. For French-speaking investors, TEAM is best viewed as a specialized industrial services provider rather than a commodity contractor: the company’s value proposition is technical expertise, rapid field execution, and recurring maintenance demand tied to critical assets. TEAM highlights a heritage that stretches back more than a century, with roots in the 1920s through the Furmanite business, and a major strategic milestone in 2016 when it completed the acquisition of Furmanite. That history matters because it supports the company’s positioning in leak sealing, integrity management, inspection, and repair solutions. Over time, TEAM has broadened its offering into a more integrated platform that includes conventional, specialized, and proprietary services. Today, its core lines of business span inspection and assessment, heat treating, mechanical services, maintenance, and emergency response work. In competitive terms, TEAM operates in a fragmented but demanding market. Its success depends on field capability, local footprint, technical credentials, and trusted relationships with industrial clients. The company’s ability to bundle multiple services around the asset lifecycle gives it a commercial advantage versus smaller niche providers. TEAM also emphasizes its international reach, reporting operations in 13 countries, which provides geographic diversification and access to a wide range of industrial basins. At the same time, it remains anchored in North America, particularly the United States, which is a key market for its inspection and turnaround activity. Recent developments have been important for investors. In March 2025, TEAM announced a refinancing transaction designed to lower its cost of capital and extend its debt maturity profile, an important step given the company’s balance-sheet sensitivity. Full-year 2025 results, and more recently first-quarter 2026 results, pointed to improving revenue trends and better profitability metrics, with management also raising full-year 2026 guidance after a solid start to the year. The latest disclosures suggest stronger execution in both Inspection & Heat-Treating and Mechanical Services. Overall, TEAM remains a cyclical industrial services story with improving operational momentum, but investors should continue to monitor leverage, cash generation, and end-market conditions on the NYSE-listed U.S. stock.