Sec Form 3 Filing - InspectionTech Holdings LP @ TEAM INC - 2026-08-06

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person InspectionTech Holdings LP 2. Issuer Name and Ticker or Trading Symbol TEAM INC [ TISI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 900 THIRD AVENUE, 25TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 08/06/2026 (Street) NEW YORK, NY10022 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 1,604,326 I See footnote ( 1 ) Series B Preferred Stock 75,000 I See footnote ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Tranche A Warrants $ 23 09/11/2025 09/11/2035 Common Stock 982,371 ( 2 ) I See footnote ( 1 ) Tranche B Warrants $ 50 09/11/2025 09/11/2035 Common Stock 470,889 ( 2 ) I See footnote ( 1 ) Delayed Draw Preferred Shares (obligation to buy) $ 1,000 09/11/2025 09/11/2027 Series B Preferred Stock ( 3 ) 30,000 ( 3 ) I See footnote ( 1 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other InspectionTech Holdings LP 900 THIRD AVENUE, 25TH FLOOR NEW YORK, NY10022 X Stellex Partners III LP 900 THIRD AVENUE, 25TH FLOOR NEW YORK,, NY10022 X Stellex Management Partners A LP 900 THIRD AVENUE, 25TH FLOOR NEW YORK,, NY10022 X Stellex Management Partners A LLC 900 THIRD AVENUE, 25TH FLOOR NEW YORK,, NY10022 X Whiteman Raymond Alston 900 THIRD AVENUE, 25TH FLOOR NEW YORK,, NY10022 X Signatures InspectionTech Holdings LP., By: Stellex Partners III LP, its GP, By: Stellex Management Partners A LP, its GP, By: Stellex Management Partners A LLC, its GP, By: /s/ Michael David Stewart, Managing Member 08/10/2026 Signature of Reporting Person Date Stellex Partners III LP, By: Stellex Management Partners A LP, its GP, By: Stellex Management Partners A LLC, its GP, By: /s/ Michael David Stewart, Managing Member 08/10/2026 Signature of Reporting Person Date Stellex Management Partners A LP, By: Stellex Management Partners A LLC, its GP, By: /s/ Michael David Stewart, Managing Member 08/10/2026 Signature of Reporting Person Date Stellex Management Partners A LLC, /s/ Michael David Stewart, Managing Member 08/10/2026 Signature of Reporting Person Date /s/ Raymond Alston Whiteman 08/10/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Securities held of record by InspectionTech Holdings LP (the "Stellex SPV"). Michael Stewart and Raymond Whiteman are the managing members of Stellex Management Partners A LLC, which is the general partner of Stellex Management Partners A LP, which is the general partner of Stellex Partners III LP, which is the general partner of the Stellex SPV. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities held of record by the Stellex SPV. ( 2 )The warrants contain provisions preventing exercise if such exercise would result in the Stellex SPV beneficially owning greater than 4.99% of the Common Stock when aggregated with all other shares of Common Stock beneficially owned. ( 3 )Upon each issuance of 5,000 Delayed Draw Preferred Shares, the Issuer will issue to the Stellex SPV an additional 65,491 Tranche A Warrants (the "Additional Tranche A Warrants") and an additional 31,393 Tranche B Warrants (the "Additional Tranche B Warrants") on substantially similar terms as the warrants reported herein, except that upon each issuance of Delayed Draw Preferred Shares on or after December 10, 2025, any Additional Tranche A Warrants issued shall have an initial exercise price the lesser of (x) $30.00 and (y) 110% of the 30-day volume weighted average price of the Common Stock, subject to adjustments. Any Additional Tranche B Warrants issued shall have an initial exercise price of $50.00 per share, subject to adjustments.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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