Team Inc. has announced new compensation terms for former CEO Keith Tucker following his departure, effective January 31, 2026. Under a Severance and Consulting Agreement, Tucker will receive $1,125,000 in equal installments over 18 months, a cash bonus equivalent to what he would have earned for the 2025 performance period, and a lump sum payment of $19,000 for health and welfare benefits. Additionally, all of Tucker's outstanding and unvested time-based restricted stock units will immediately vest, while his unvested performance share units will continue to vest based on performance, prorated at 78%. Tucker will also serve as a consultant to the company for 12 months for a $375,000 fee. All benefits are contingent on his compliance with specified covenants and the execution of a general release of claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Team Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-042817), on February 09, 2026, and is solely responsible for the information contained therein.