Team Inc shareholders approve warrant share issuance, expand equity plan by 250,000 shares

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Shareholders approved issuing shares underlying Stellex warrants, including below minimum price thresholds, with 98.9% support (2,276,017 for vs 25,655 against). Authorization permits warrant exercise that could result in dilution.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Equity incentive plan expanded by 250,000 shares with shareholder approval, increasing management's pool for employee stock compensation grants.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• low

  Three Class I directors re-elected to terms expiring 2029: Anthony R. Horton (96.4% support), Evan S. Lederman (99.7%), and K. Niclas Ytterdahl (99.7%).

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →