{"filing":{"accession_number":"0001193125-26-342799","cik":"0000318833","ticker":"TISI","company_name":"TEAM INC","form":"8-K","filing_date":"2026-08-10","report_date":"2026-08-06","primary_document":"d55393d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/318833/000119312526342799/d55393d8k.htm"},"events":[{"id":26757,"run_id":24329,"accession_number":"0001193125-26-342799","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"Stellex Capital Management acquired all 1,604,326 shares (approximately 35% of outstanding common stock) held by Corre Partners at $35.50 per share, becoming the largest common equity shareholder and effecting a material change of control in the Company's equity structure and voting control.","company_name":"TEAM INC","ticker":"TISI","filing_date":"2026-08-10","form":"8-K","submitted_at":null,"items":[{"id":27995,"accession_number":"0001193125-26-342799","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a material change in control of the Company's equity structure. Stellex Capital Management acquired all 1,604,326 shares held by Corre Partners (approximately 35% of outstanding common stock) at $35.50 per share, making Stellex the largest common equity shareholder. While technically a secondary market transaction between existing shareholders, this represents a significant shift in voting control and ownership structure that would materially affect a reasonable investor's assessment of the Company's governance and strategic direction. The Item 1.01 caption and the news release emphasize this as a material transaction reflecting confidence in the Company's value and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-11T10:04:07.161576+00:00","company_name":"","ticker":null,"filing_date":""},{"id":27996,"accession_number":"0001193125-26-342799","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"An entity controlled by Stellex Capital Management acquired all 1,604,326 shares of common stock held by Corre Partners at $35.50 per share, resulting in Stellex owning approximately 35% of outstanding common stock. While technically a secondary transaction between two existing shareholders (not a direct company acquisition), this represents a material change of control in the registrant's equity structure and shareholder composition that would affect investor assessment of governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-11T10:04:07.161576+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":27995,"accession_number":"0001193125-26-342799","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a material change in control of the Company's equity structure. Stellex Capital Management acquired all 1,604,326 shares held by Corre Partners (approximately 35% of outstanding common stock) at $35.50 per share, making Stellex the largest common equity shareholder. While technically a secondary market transaction between existing shareholders, this represents a significant shift in voting control and ownership structure that would materially affect a reasonable investor's assessment of the Company's governance and strategic direction. The Item 1.01 caption and the news release emphasize this as a material transaction reflecting confidence in the Company's value and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-11T10:04:07.161576+00:00","company_name":"TEAM INC","ticker":"TISI","filing_date":"2026-08-10"},{"id":27996,"accession_number":"0001193125-26-342799","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"An entity controlled by Stellex Capital Management acquired all 1,604,326 shares of common stock held by Corre Partners at $35.50 per share, resulting in Stellex owning approximately 35% of outstanding common stock. While technically a secondary transaction between two existing shareholders (not a direct company acquisition), this represents a material change of control in the registrant's equity structure and shareholder composition that would affect investor assessment of governance and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-11T10:04:07.161576+00:00","company_name":"TEAM INC","ticker":"TISI","filing_date":"2026-08-10"}]}