---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-085211"
form_type: "8-K/A"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2022-03-25T23:59:59+00:00"
generated_at: "2026-06-26T17:46:38.944751+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Team Inc. appoints Keith D. Tucker as Interim CEO; salary $590K, equity $650K

## Summary
- Keith D. Tucker appointed Interim CEO effective March 21, 2022; base salary $590,000.
- Annual bonus target 100% of base salary; maximum 200% of base salary.
- Long-term incentive of $650,000: RSUs for 216,668 shares plus $325,000 cash award; vests March 21, 2023.
- Severance eligible under company policy; non-CEO severance if returns to prior role.
- Tucker joined Team in 2005; most recently President of Inspection & Heat Treating since Jan 2021.

## SEC filing metadata
- accession: 0001193125-22-085211
- form_type: 8-K/A
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2022-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000119312522085211/0001193125-22-085211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000119312522085211/d263072d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-085211
- JSON: https://secwatch.observer/filing/0001193125-22-085211.json
- Plain text: https://secwatch.observer/filing/0001193125-22-085211.txt

## Key facts
- Executive change
  Keith D. Tucker was appointed as Interim Chief Executive Officer at TEAM INC.
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: effective March 21, 2022, Keith D. Tucker was appointed as Interim Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/318833/000119312522085211/0001193125-22-085211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.