{"schema_version":"secwatch.filing_event.v1","accession":"0000318833-21-000162","form_type":"8-K","ticker":"TISI","cik":"0000318833","company_name":"TEAM INC","filed_at":"2021-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.062518+00:00","generated_at":"2026-06-28T06:18:59.656088+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TEAM, Inc. announces resignation of seven directors and appointment of two new directors","bullets":["Seven directors (Louis Waters, Brian Ferraioli, Robert Skaggs, Candice Koederitz, Gary Yesavage, Craig Martin, Michael Lucas) resigned effective Nov 22, 2021; no disagreements.","Board reduced to seven members; Ted Stenger and J. Michael Anderson appointed as new directors effective Nov 22.","New directors appointed pursuant to Nov 9, 2021 credit agreements with Corre Credit Fund, LLC and Atlantic Park.","Anthony Horton named Chair; committees restructured; Amerino Gatti remains CEO and Chairman."],"urls":{"canonical":"https://secwatch.observer/filing/0000318833-21-000162","json":"https://secwatch.observer/filing/0000318833-21-000162.json","markdown":"https://secwatch.observer/filing/0000318833-21-000162.md","text":"https://secwatch.observer/filing/0000318833-21-000162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318833/000031883321000162/0000318833-21-000162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318833/000031883321000162/tisi-20211117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:18:59.656088+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b6574ed49","claim":"J. Michael Anderson was appointed as Director at TEAM INC.","evidence_excerpt":"The Board then appointed Ted Stenger and J. Michael Anderson as members of the Board effective November 22, 2021","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/318833/000031883321000162/0000318833-21-000162-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3932085b08","claim":"Ted Stenger was appointed as Director at TEAM INC.","evidence_excerpt":"The Board then appointed Ted Stenger and J. Michael Anderson as members of the Board effective November 22, 2021","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/318833/000031883321000162/0000318833-21-000162-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}