---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-022764"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:10:37.347910+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Team Inc. appoints Gary Hill as CEO effective Feb 1; Keith Tucker retires

## Summary
- Keith Tucker retires after 20 years; departure not due to any disagreement.
- Gary Hill appointed CEO effective Feb 1, 2026; brings 30+ years in industrial services.
- Hill receives $750k base salary, 100% target bonus, sign-on RSUs ($562.5k) and PSUs ($1.3125M).
- Severance enhanced: 18 months base salary without cause; 2 years base + bonus on change in control.
- Company reaffirms previously issued 2025 outlook.

## SEC filing metadata
- accession: 0001193125-26-022764
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000119312526022764/0001193125-26-022764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000119312526022764/d45852d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-022764
- JSON: https://secwatch.observer/filing/0001193125-26-022764.json
- Plain text: https://secwatch.observer/filing/0001193125-26-022764.txt

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