TEAM Inc. Files 8-K: Director/Officer Changes & Compensation Updates
Ticker: TISI · Form: 8-K · Filed: Oct 27, 2025 · CIK: 318833
| Field | Detail |
|---|---|
| Company | Team Inc (TISI) |
| Form Type | 8-K |
| Filed Date | Oct 27, 2025 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.30, $172,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, officer-changes
TL;DR
TEAM Inc. 8-K drops: Board shakeup, new execs, and pay details filed Oct 24.
AI Summary
On October 24, 2025, TEAM, Inc. filed an 8-K report detailing several key events. These include the departure of directors or certain officers, the election of new directors, the appointment of certain officers, and updates to compensatory arrangements for specific officers. The filing also covers Regulation FD disclosures and other events, along with financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with updates to compensation, can indicate internal shifts that may affect company direction and stability.
Key Players & Entities
- TEAM, Inc. (company) — Registrant
- October 24, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-08604 (company_id) — Commission File Number
- 74-1765729 (ein) — IRS Employer Identification No.
- 13131 Dairy Ashford, Suite 600, Sugar Land, Texas 77478 (address) — Principal executive offices
- (281) 331-6154 (phone_number) — Registrant's telephone number
FAQ
What specific roles or directorships have changed within TEAM, Inc. as reported in this 8-K?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but does not specify the exact individuals or roles affected in the provided text.
Are there any details about the new compensatory arrangements for officers mentioned in the filing?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item, but the specific details of these arrangements are not provided in the excerpt.
What is the significance of the 'Regulation FD Disclosure' mentioned in the report?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to all investors simultaneously, suggesting that the company is making a public disclosure to avoid selective disclosure.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 24, 2025.
What type of business does TEAM, Inc. operate in, according to its SIC code?
TEAM, Inc. operates in 'SERVICES-MISCELLANEOUS REPAIR SERVICES', as indicated by its Standard Industrial Classification (SIC) code 7600.
Filing Stats: 1,996 words · 8 min read · ~7 pages · Grade level 10.1 · Accepted 2025-10-27 06:13:27
Key Financial Figures
- $0.30 — nge on which registered Common Stock, $0.30 par value TISI New York Stock Excha
- $172,500 — directors, Mr. Ytterdahl will receive a $172,500 annual cash retainer payable in equal q
Filing Documents
- d866877d8k.htm (8-K) — 39KB
- d866877dex991.htm (EX-99.1) — 12KB
- g866877g1025203436699.jpg (GRAPHIC) — 3KB
- 0001193125-25-250624.txt ( ) — 176KB
- tisi-20251024.xsd (EX-101.SCH) — 3KB
- tisi-20251024_lab.xml (EX-101.LAB) — 18KB
- tisi-20251024_pre.xml (EX-101.PRE) — 11KB
- d866877d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits. Exhibit number Description 99.1 Team, Inc.'s Press Release issued October 27, 2025. 10.1 Form of Indemnification Agreement (Filed as an Exhibit 10.2 to Team, Inc.'s Current Report on Form 8-K filed on February 9, 2018 and incorporated by reference herein). 10.2 Shareholders Agreement, dated as of September 11, 2025, by and among Team, Inc., Stellex Capital Management LLC and InspectionTech Holdings LP (Filed as an Exhibit 10.2 to Team, Inc.'s Current Report on Form 8-K filed on September 15, 2025 and incorporated by reference herein). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TEAM, Inc. By: /s/ James C. Webster James C. Webster Executive Vice President, Chief Legal Officer and Secretary Dated: October 27, 2025