{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-250624","form_type":"8-K","ticker":"TISI","cik":"0000318833","company_name":"TEAM INC","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.705936+00:00","generated_at":"2026-05-17T02:15:48.357652+00:00","sec_items":["5.02","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Team Inc. appoints two Stellex-nominated directors; Davis to resign Dec 31; Caliel becomes non-executive Chairman","bullets":["K. Niclas Ytterdahl and Michael Stewart appointed to the Board effective Oct 24, 2025, increasing board size from 7 to 9.","Jeffery G. Davis will resign as director and from all committees effective Dec 31, 2025; no dispute with the Company.","Michael J. Caliel returns to non-executive Chairman role immediately, relinquishing Executive Chairman title.","Ytterdahl serves on Audit and Governance Committees; Stewart on Compensation; Stewart receives no director compensation.","Both directors are nominees of Stellex Capital Management per the September 2025 Shareholders Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-250624","json":"https://secwatch.observer/filing/0001193125-25-250624.json","markdown":"https://secwatch.observer/filing/0001193125-25-250624.md","text":"https://secwatch.observer/filing/0001193125-25-250624.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318833/000119312525250624/0001193125-25-250624-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318833/000119312525250624/d866877d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:15:48.357652+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}