STEWART MICHAEL DAVID enters TEAM INC with 75K shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 11/3/2025ACC: 0001493152-25-020602
75K
Baseline shares
0.00
Direct ownership
0 positions
1.48M
Derivative underlying
3 instruments
1
Security positions
75K indirect
Non-Derivative Holdings1
Series B Preferred Stock
IndirectShares owned75K
Total
75K indirect75K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Series B Preferred Stock | 75K | Indirect |
| Total | 75K | 75K indirect |
Derivative Holdings3
Delayed Draw Preferred Shares (obligation to buy)
IndirectUnderlying security
Series B Preferred Stock
Underlying shares
30K
Shares owned
N/A
Exercise price
1000
Expiration
—
Exercise window
—
Tranche A Warrants
IndirectUnderlying security
Common Stock
Underlying shares
982.37K
Shares owned
N/A
Exercise price
23
Expiration
—
Exercise window
—
Tranche B Warrants
IndirectUnderlying security
Common Stock
Underlying shares
470.89K
Shares owned
N/A
Exercise price
50
Expiration
—
Exercise window
—
Total
Underlying
1.48M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Delayed Draw Preferred Shares (obligation to buy) Indirect | Series B Preferred Stock | 1000 | — | — | 30K | N/A |
| Tranche A Warrants Indirect | Common Stock | 23 | — | — | 982.37K | N/A |
| Tranche B Warrants Indirect | Common Stock | 50 | — | — | 470.89K | N/A |
| Total | 1.48M | 0.00 | ||||