---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-300929"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2026-07-10T20:15:12+00:00"
generated_at: "2026-07-10T20:16:20.258125+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Team Inc. amends executive severance policy, caps change-in-control benefits at 24 months

## Summary
- Amendment reduces maximum supplemental salary and compensation payments to 24 months for change-in-control-related terminations.
- Supplemental bonus payment now calculated using higher of most recent year's actual bonus or two-year average, or target if no bonus earned.
- Effective July 7, 2026; applies to covered corporate executive officers.
- No departure or appointment of officers reported; only policy amendment.

## SEC filing metadata
- accession: 0001193125-26-300929
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2026-07-10T20:15:12+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000119312526300929/0001193125-26-300929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000119312526300929/d132043d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-300929
- JSON: https://secwatch.observer/filing/0001193125-26-300929.json
- Plain text: https://secwatch.observer/filing/0001193125-26-300929.txt

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