TMS Insider Trading
Teamshares Inc. (TMS) operates in the Financial Services sector, specifically the Financial - Conglomerates industry, with a market capitalization near $402.4M, listed on NASDAQ, employing roughly 90 people, carrying a beta of 0.93 to the broader market. Teamshares is a tech-enabled acquiror of small and medium-sized businesses from retiring owners that transitions them to employee ownership. Led by Michael Brown, public since 2026-06-23.
In the last 12 months, Teamshares Inc. insiders made 0 buy transactions and 0 sale transactions.
| Date | Name | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 8, 2026 | HENDRIX RICHARD J | A-Award | 14,000 | $0.00 | $0 |
| Oct 8, 2026 | Moore Evan Charles | A-Award | 14,000 | $0.00 | $0 |
| Oct 8, 2026 | Fishman Adam J | A-Award | 14,000 | $0.00 | $0 |
| Jun 26, 2026 | Khosla Ventures VII, L.P. | 0 | $0.00 | $0 | |
| Jun 23, 2026 | HENDRIX RICHARD J | C-Conversion | 5,124,547 | $0.00 | $0 |
| Jun 23, 2026 | HENDRIX RICHARD J | A-Award | 4,500,000 | $11.50 | $51.8M |
| Jun 23, 2026 | HENDRIX RICHARD J | C-Conversion | 5,124,547 | $0.00 | $0 |
| Jun 23, 2026 | Live Oak Sponsor V, LLC | C-Conversion | 5,124,547 | $0.00 | $0 |
| Jun 23, 2026 | Live Oak Sponsor V, LLC | A-Award | 4,500,000 | $11.50 | $51.8M |
| Jun 23, 2026 | Live Oak Sponsor V, LLC | C-Conversion | 5,124,547 | $0.00 | $0 |
TMS Insider Activity by Quarter
Reported Form 4 and Form 5 lines under TMS's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Apr 14, 2011, and a quarter counts only when every filing for it was read. 25 lines filed under another SEC company ID are not counted.
| Quarter | Purchases | Bought | Sales | Sold | Other Lines |
|---|---|---|---|---|---|
| Q4 2026 (so far) | 0 | N/A | 0 | N/A | 0 |
| Q3 2026 | 0 | N/A | 0 | N/A | 3 |
| Q2 2026 | 0 | N/A | 0 | N/A | 28 |
| Q1 2026 | 0 | N/A | 0 | N/A | 0 |
| Q4 2025 | 0 | N/A | 0 | N/A | 0 |
| Q3 2025 | 0 | N/A | 0 | N/A | 0 |
| Q2 2025 | 0 | N/A | 0 | N/A | 0 |
| Q1 2025 | 0 | N/A | 0 | N/A | 0 |
| Q4 2024 | 0 | N/A | 0 | N/A | 0 |
Filings Under Another SEC Company ID
25 filing lines on file were filed under an SEC company ID (CIK) other than TMS's (2048951). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the TMS ticker's, or another company's that TMS or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.
| CIK | Lines | Dates | Securities |
|---|---|---|---|
| 1491501 | 25 | Apr 5, 2011 to Oct 16, 2013 | Class B Common Stock, Class A Common Stock, Class A Preferred Stock |
TMS Institutional Ownership (13F)
As of Jun 30, 2026 (Q2 2026), 17 institutions reported holding 21,900,121 TMS shares, valued at $180.0M as reported, 25.0% of its market cap (market cap of Jun 26, 2026). That is +17 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 17 opened a position, 0 closed one, 0 added and 0 trimmed.
Top Holders, Q2 2026
| Manager | Shares | Value | Change |
|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 13,043,478 | $107.2M | New |
| Hudson Bay Capital Management LP | 4,000,000 | $32.9M | New |
| StepStone Group LP | 1,999,971 | $16.4M | New |
| Euclidean Capital LLC | 1,099,974 | $9.0M | New |
| Alyeska Investment Group, L.P. | 543,748 | $4.5M | New |
| Harraden Circle Investments, LLC | 479,167 | $3.9M | New |
| Round Rock Advisors LLC | 277,236 | $2.3M | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 276,000 | $2.3M | New |
| Cannell & Spears LLC | 82,525 | $678.4K | New |
| K2 PRINCIPAL FUND, L.P. | 34,254 | $281.6K | New |
From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.
How to Read TMS Insider Activity
Net insider activity is balanced over the trailing twelve months: 0 buys against 0 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.
Learn how insider trading is reported and how to read the data →
Frequently asked TMS insider trading questions
- How active are TMS insiders right now?
- Over the trailing twelve months, Teamshares Inc. (TMS) insiders made 0 buy transactions and 0 sale transactions. Net insider activity over the trailing twelve months is balanced (0 buys, 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
- What counts as an insider transaction?
- Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
- Are TMS insider buys a bullish signal?
- Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
- How do TMS insider transactions affect options pricing?
- Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.