UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 orOR 15(d) of

ofThe ~~the~~ Securities Exchange Act of 1934

Date of ~~Report~~report (Date of earliest event reported): ~~February 6~~March 12, 2026

TEAM, Inc.

(Exact ~~name~~Name of ~~registrant~~Registrant as ~~specified~~Specified in its ~~charter~~Charter)

Delaware

~~001-08604~~

~~74-1765729~~

001-08604

74-1765729

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

(State or Other Jurisdictionof Incorporation)

(CommissionFile Number)

(IRS EmployerIdentification No.)

13131 Dairy Ashford, Suite 600

Sugar Land, Texas 77478

(Address of ~~principal~~Principal ~~executive~~Executive ~~offices,~~Offices ~~including~~and ~~zip~~Zip ~~code~~Code)

Registrant’s telephone number, including area code: (281) 331-6154

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CF 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.30 par value	TISI	New York Stock Exchange

Indicate by check mark whether ~~the~~ registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐ ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~¨

~~As previously disclosed, on January~~Item ~~26, 2026, Team, Inc~~2.02 ~~(the~~Results ~~“Company”) announced that Keith Tucker would depart from his role as Chief Executive Officer~~ of ~~the~~Operations ~~Company, effective as of January 31, 2026. Mr. Tucker’s departure was a termination without cause under the applicable Company policies~~ and ~~Mr.~~Financial ~~Tucker’s equity award agreements and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices~~Condition.

InOn ~~connection~~March 12, ~~with~~2026, MrTeam, Inc. ~~Tucker’s~~ ~~departure~~(“we,” ~~from~~“our,” ~~his~~“us,” ~~role~~or asthe ~~Chief~~“Company”) ~~Executive~~disseminated ~~Officer~~a ofpress ~~the~~release ~~Company,~~announcing ~~the~~unaudited ~~Company~~financial ~~entered~~results ~~into~~for athe ~~Severance~~fourth ~~and~~quarter ~~Consulting~~ended ~~Agreement~~December ~~and~~31, ~~Release~~2025. ~~with~~The ~~Mr. Tucker,~~press ~~dated~~release is furnished herewith as ofExhibit ~~February 6,~~99.1 ~~2026~~and ~~(the~~is ~~“Tucker~~incorporated ~~Separation~~herein ~~Agreement”).~~by reference.

~~Pursuant~~The toinformation ~~the~~in ~~Tucker~~this ~~Separation~~Item ~~Agreement, Mr~~2. ~~Tucker will receive (i) $1~~02,~~125,000,~~ ~~payable~~including ~~in equal installments over~~ the ~~18-month~~attached ~~period following his departure~~exhibit, ~~which~~is ~~reflects~~being ~~18 months of base salary~~furnished, ~~(ii) an~~and ~~amount~~shall innot ~~cash~~be ~~equal~~deemed to ~~the~~be ~~amount~~filed ~~that~~for ~~Mr. Tucker~~purposes ~~would~~of ~~have~~Section ~~received~~18 asof ~~an annual bonus for~~ the ~~2025~~Securities ~~performance~~Exchange ~~period~~Act ~~had~~of he1934, ~~remained~~as ~~employed~~amended ~~with~~ (the ~~Company~~“Exchange atAct”), ~~the~~or ~~time~~otherwise ~~such~~subject ~~bonus~~to ~~payments were paid out, payable at~~ the ~~same~~liabilities ~~time~~of that ~~such~~section, ~~bonuses~~nor ~~are~~shall ~~paid~~it tobe ~~similarly~~incorporated ~~situated~~by ~~management~~reference ~~employees~~into ~~and~~any ~~(iii) a~~filings ~~single~~under ~~lump~~the ~~sum~~Securities ~~payment~~Act of ~~$19~~1933,~~000~~ toas ~~compensate him for health and welfare benefits. In addition~~amended, ~~Mr. Tucker’s~~or ~~outstanding~~the ~~and~~Exchange ~~unvested time-based restricted stock units will immediately vest~~Act, ~~and~~regardless ~~his~~of ~~outstanding and unvested performance share units will remain outstanding and continue to performance vest in accordance with their terms; provided that~~ any ~~vesting~~incorporation ~~payout on such performance share units shall be prorated~~ by ~~multiplying~~reference ~~the~~language ~~number~~ of ~~units~~such ~~that~~filing. ~~would~~By ~~vest~~furnishing ~~based on~~ the ~~performance~~information ~~criteria~~in bythis ~~78%.~~Current ~~The~~Report ~~Tucker~~on ~~Separation~~Form ~~Agreement~~8-K ~~also~~(“Form ~~provides~~8-K”) ~~that~~and ~~following~~the ~~his~~attached ~~termination~~exhibit, ofwe ~~employment,~~are ~~Mr. Tucker~~making ~~will~~no ~~serve~~admission as ~~a consultant~~ to the ~~Company~~materiality ~~for~~of aany ~~12-month~~information ~~period~~ in ~~exchange~~this ~~for~~Form a8-K ~~consulting~~or ~~fee~~the ~~of $375,000~~exhibit.

Mr. Tucker’s receipt of the aforementioned separation benefits and consulting fee will be conditioned upon the effectiveness of a general release of claims in favor of the Company (and certain of its affiliates and related parties) that is included in the Tucker Separation Agreement, as well as Mr. Tucker’s continued compliance with restrictive covenants, including certain non-competition and non-solicitation covenants for a 24-month period.

The foregoing description of the Tucker Separation Agreement is qualified in its entirety by the full text thereof, a copy of which is attached as Exhibit 10.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is furnished as part of Item 2.02 of this Current Report on Form 8-K:

Exhibitnumber	Description
Exhibit number		Description
10.1	Severance and Consulting Agreement and Release, dated as of February 6, 2026, by and between Keith Tucker and Team, Inc.
99.1		Team, Inc.’s Press Release Issued March 12, 2026.
104	~~Cover Page Interactive Data File (embedded within the Inline XBRL document)~~	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TEAM, Inc.
By:		/s/ James C. Webster
		James C. Webster
		Executive Vice President, Chief Legal Officer and Secretary
Dated: February 9, 2026



			TEAM, Inc.

			By:			/S/ Nelson M. Haight
						Nelson M. Haight
						Chief Financial Officer

Dated: March 12, 2026

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