secwatch.observer — SEC 8-K summary
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Issuer:     TEAM INC (TISI)
CIK:        0000318833
Form:       8-K
Filed at:   2026-10-06T20:07:15+00:00
Accession:  0000318833-26-000057
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Team, Inc. names George Philip Chief Accounting Officer as Matthew Acosta departs
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- Matthew Acosta departed as Vice President, Chief Accounting Officer effective October 1, 2026; the company said the exit was not due to any disagreement over operations, policies or practices.
- George Philip, 47, was appointed Chief Accounting Officer effective October 2, 2026, succeeding Acosta.
- Philip has been Team's Corporate Controller since October 2021 and was Director of SEC Reporting and Technical Accounting from June 2021 to October 2021.
- Philip is a CPA in Texas and California and a Fellow Member of the Association of Chartered Certified Accountants.
- The company will enter into its standard form of indemnity agreement with Philip; no family relationships or Item 404(a) related-party transactions were disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/0000318833-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/tisi-20261001.htm
  HTML page:      https://secwatch.observer/filing/0000318833-26-000057

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