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    Team Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    1/10/25 4:34:54 PM ET
    $TISI
    Other Consumer Services
    Consumer Discretionary
    Get the next $TISI alert in real time by email
    tisi-20250108
    false000031883300003188332021-09-302021-09-30

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
      
    FORM 8-K
     
     CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of
    The Securities Exchange Act of 1934
    Date of report (Date of earliest event reported): January 10, 2025
     
     TEAM, Inc.
    (Exact Name of Registrant as Specified in its Charter)
      
    Delaware 001-08604 74-1765729
    (State or Other Jurisdiction
    of Incorporation)
     (Commission
    File Number)
     (IRS Employer
    Identification No.)
    13131 Dairy Ashford, Suite 600
    Sugar Land, Texas 77478
    (Address of Principal Executive Offices and Zip Code)
    Registrant’s telephone number, including area code: (281) 331-6154
    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))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Stock, $0.30 par valueTISINew York Stock Exchange


    Indicate by check mark whether 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.

    On January 6, 2025, André C. Bouchard, Executive Vice President, Administration, Chief Legal Officer and Secretary of Team, Inc. (the “Company”) provided notice of his decision to resign from his positions with the Company, effective January 18, 2025. Mr. Bouchard’s resignation was a personal decision to pursue another opportunity and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.





    Item 9.01. Financial Statements and Exhibits

    (d)        Exhibits. The following exhibit is furnished as part of Item 5.02 of this Current Report on Form 8-K:

    Exhibit number Description
    104Cover 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/ Nelson M. Haight
    Nelson M. Haight
    Chief Financial Officer
    (Principal Financial Officer)
    Dated: January 10, 2025



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