{"schema_version":"secwatch.filing_event.v1","accession":"0000318833-22-000049","form_type":"8-K","ticker":"TISI","cik":"0000318833","company_name":"TEAM INC","filed_at":"2022-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.190890+00:00","generated_at":"2026-06-25T02:32:59.695650+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TEAM, Inc. appoints Nelson M. Haight as CFO; director Sylvia Kerrigan resigns","bullets":["Nelson M. Haight named EVP and CFO effective June 13, 2022, succeeding interim CFO Matt Kvarda who transitions to advisory role.","Haight brings over 30 years finance experience; most recently CFO at Key Energy Services (OTC:KEGX).","Compensation: $450k base salary, 75% target bonus ($150k min guaranteed), $25k sign-on, $450k RSUs vesting over 3 years.","Director Sylvia J. Kerrigan resigned effective June 13, 2022; no dispute with company.","Severance: 12 months salary (15 months if terminated within first year) or 24 months plus bonus upon change-of-control termination."],"urls":{"canonical":"https://secwatch.observer/filing/0000318833-22-000049","json":"https://secwatch.observer/filing/0000318833-22-000049.json","markdown":"https://secwatch.observer/filing/0000318833-22-000049.md","text":"https://secwatch.observer/filing/0000318833-22-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318833/000031883322000049/0000318833-22-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318833/000031883322000049/tisi-20220613.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T02:32:59.695650+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":"cbcdc42124","claim":"Sylvia J. Kerrigan resigned as Director at TEAM INC.","evidence_excerpt":"Resignation of Director On June 9, 2022, Sylvia J. Kerrigan notified the Chairman of the Company’s Board of Directors (the “Board”) of","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/318833/000031883322000049/0000318833-22-000049-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"effe645a7e","claim":"Nelson M. Haight was appointed as Executive Vice President – Chief Financial Officer at TEAM INC.","evidence_excerpt":"On June 13, 2022, Team, Inc. (the “Company”) announced that Nelson M. Haight has been appointed as Executive Vice President – Chief Financial Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/318833/000031883322000049/0000318833-22-000049-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President – Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}