8-K
filed May 20, 2026, 4:22 PM ET
ticker TISI
CIK 0000318833
other material
confidence high
sentiment neutral
materiality 0.40
Team Inc. shareholders approve 250,000 share increase in equity plan and Stellex warrant issuance at annual meeting
TEAM INC
- Re-elected three Class I directors (Horton, Lederman, Ytterdahl) with over 2.2M votes each.
- Approved advisory say-on-pay for fiscal 2026 (2,246,468 for, 6,521 against).
- Ratified KPMG as independent auditor for fiscal 2026 (2,867,656 for).
- Approved Stellex warrant shares issuance per NYSE Rule 312.03(c) (2,276,017 for).
- Approved Amendment No.1 to 2018 Equity Incentive Plan adding 250,000 shares (2,290,371 for).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
TEAM INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2026-05-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s shareholders approved, on an advisory basis, named executive officer compensation for fiscal year 2026.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
TEAM INC shareholders approved Stellex Warrant Shares Issuance Proposal Pursuant to NYSE Listing Rule 312.03(c) at the 2026-05-20 meeting.
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s shareholders approved the issuance of the shares of common stock, par value $0.30 per share, underlying the Warrants (as defined in the Proxy Statement) in accordance with the terms thereof, including, as applicable, below the Minimum Price to and including the Adjustment Floor (each, as defined in the Proxy Statement).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
TEAM INC shareholders approved Election of Directors at the 2026-05-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s shareholders elected three Class I directors to the Board of Directors of the Company to each serve for a three-year term expiring at the 2029 Annual Meeting of Shareholders or until their successors are duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
TEAM INC shareholders approved Approval of Amendment No.1 to the Second Amendment and Restatement of the Team, Inc. 2018 Equity Incentive Plan at the 2026-05-20 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s shareholders approved Amendment No.1 to the Second Amendment and Restatement of the Team, Inc. 2018 Equity Incentive Plan.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
TEAM INC shareholders approved Ratification of the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year ending December 31, 2026 at the 2026-05-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s shareholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
View on SEC.gov
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