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NEW YORK - The chief executive of Team Inc., which maintains industrial equipment, exercised options for 35,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
| TISI | 37.37 |  -0.1 |
In a Form 4 filed with the SEC, Philip J. Hawk reported he exercised options for 35,000 shares for $1.81 apiece and then sold 14,000 shares the same day for $29.20 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Team is based in Alvin, Texas.
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