Filing Analysis
📄 Other SEC Filing
Filed May 20, 2026
🟡 MEDIUM
TEAM, Inc. announced the results of its 2026 Annual Meeting of Shareholders held on May 20, 2026. Shareholders approved all five proposals, including an amendment to increase the 2018 Equity Incentive Plan by 250,000 shares and the issuance of common stock underlying the Stellex Warrants below the Minimum Price.
🚩 Red Flags
- Approval of the Stellex Warrant Shares Issuance allows for potential highly dilutive share issuances below the standard NYSE Minimum Price down to the Adjustment Floor.
- Further dilution risk from the addition of 250,000 shares to the 2018 Equity Incentive Plan.
📋 Key Facts
- Shareholders approved Amendment No. 1 to the Second Amendment and Restatement of the Team, Inc. 2018 Equity Incentive Plan, increasing shares available for issuance by 250,000 shares.
- Three Class I directors (Anthony R. Horton, Evan S. Lederman, and K. Niclas Ytterdahl) were re-elected to the Board for terms expiring in 2029.
- KPMG LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Shareholders approved the Stellex Warrant Shares Issuance Proposal pursuant to NYSE Listing Rule 312.03(c), allowing share issuance below the Minimum Price to and including the Adjustment Floor.
📢 Regulation FD Disclosure
Filed May 13, 2026
⚪ LOW
Team, Inc. reported its unaudited financial results for the first quarter ended March 31, 2026. The results were disseminated via a press release furnished as Exhibit 99.1.
📋 Key Facts
- The filing reports financial results for the quarter ended March 31, 2026.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition).
- The report was signed by Nelson M. Haight, Chief Financial Officer, on May 13, 2026.
📢 Regulation FD Disclosure
Filed Mar 12, 2026
⚪ LOW
Team, Inc. announced its unaudited financial results for the fourth quarter ended December 31, 2025, through a press release issued on March 12, 2026.
📋 Key Facts
- The filing reports unaudited financial results for the fiscal quarter ended December 31, 2025.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
- The financial information is furnished as Exhibit 99.1.
Disclaimer: This analysis is generated by AI and is for informational purposes only.
It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities.
Always review the original SEC filings and consult a financial advisor before making investment decisions.