AGM/EGMApr 28, 2026, 10:16 AM
TISI 2026 Annual Meeting on May 20; Stellex Warrant Vote
AI Summary
TEAM, INC. announced its 2026 Annual Meeting of Shareholders will be held on May 20, 2026, at its Sugar Land, Texas headquarters. Shareholders will vote on five proposals, including the election of Class I directors, an advisory vote on Named Executive Officer compensation, ratification of KPMG LLP as the independent auditor, approval of the Stellex Warrant Shares Issuance Proposal, and an amendment to the 2018 Equity Incentive Plan. The Stellex proposal is crucial to avoid a 1% increase in the Series B Preferred return rate if not approved.
Key Highlights
- 2026 Annual Meeting of Shareholders scheduled for May 20, 2026, at 8:00 a.m. CT.
- Shareholders to vote on election of Class I directors: Anthony R. Horton, Evan S. Lederman, K. Niclas Ytterdahl.
- Advisory vote on Named Executive Officer compensation.
- Ratification of KPMG LLP as independent auditor for fiscal year ending December 31, 2026.
- Approval of Stellex Warrant Shares Issuance Proposal to avoid 1% preferred return rate increase.
- Approval of Amendment No.1 to the 2018 Equity Incentive Plan.
- Record date for voting is April 23, 2026.
- Proxy materials mailed around April 28, 2026.
Price Impact
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