Routine CFO succession with a clean transition and no signs of disagreement or financial distress. Monitor the next quarterly filing for any strategic shifts under the new CFO, but no immediate trading catalyst is expected from this filing alone.
Price Chart
Executive Summary
Team Inc. (TISI) announced the departure of CFO Nelson Haight effective June 22, 2026, with a short transition period as Senior Advisor through July 3, 2026, and the simultaneous appointment of Clinton Roeder as the new CFO. The departure is stated as not due to any disagreement. Haight receives a severance package including $603,750 over 15 months, a prorated 2026 bonus at target, $15,500 for healthcare, immediate vesting of 18,703 RSUs, and continued performance-vesting of 130,922 PSUs prorated at 92%. New CFO Roeder receives a $500,000 base salary, 75% target bonus, and $500,000 in equity grants. This is a routine CFO succession with a clean transition and no red flags.
Key Facts
- CFO Nelson Haight departs effective June 22, 2026; stays as Senior Advisor through July 3, 2026
- Departure is not the result of any disagreement with the Company
- Clinton Roeder appointed as new CFO effective June 22, 2026
- Haight receives severance of $603,750 paid over 15 months, prorated 2026 bonus at 75% target, and $15,500 for healthcare
- Haight's 18,703 unvested time-based RSUs vest immediately; 130,922 PSUs continue to performance-vest, prorated at 92%
- New CFO Roeder receives base salary of $500,000, annual bonus target of 75% of base, and equity grants valued at approximately $500,000
- Roeder has over 30 years of experience, most recently as CFO of PrimeFlight Aviation Services (2020-2026) and CFO of Nine Energy Services (2017-2020)
Financial Impact
Severance cash payments to departing CFO total approximately $619,250 ($603,750 salary + $15,500 healthcare). Immediate vesting of 18,703 RSUs and potential vesting of up to 130,922 PSUs (prorated at 92%) represent non-cash equity expense. New CFO compensation includes $500,000 base salary and $500,000 equity grant.
Risk Factors
- Potential for future strategic or operational changes under new CFO leadership
- Equity dilution from accelerated vesting of 18,703 RSUs and potential vesting of up to 130,922 PSUs
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-279459 |
| Document: d101292d8k.htm | 0001193125-26-279459 |
| Document: d101292dex102.htm | 0001193125-26-279459 |
| Document: 0001193125-26-279459-index-headers.html | 0001193125-26-279459 |
| Document: 0001193125-26-279459-index.html | 0001193125-26-279459 |
| Document: 0001193125-26-279459.txt | 0001193125-26-279459 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 19d ago | 3 | $26.53 | awaiting T+60 | — | $23.92 (−9.84%) |
Oct 6, 2026 20d ago | 8-K | $27.59 | awaiting T+60 | — | $23.92 (−13.30%) |
Aug 25, 2026 9w ago | Insider Cluster | $24.09 | awaiting T+60 | — | $23.92 (−0.71%) |
Aug 21, 2026 9w ago | Insider Cluster | $22.72 | awaiting T+60 | — | $23.92 (+5.28%) |
Aug 17, 2026 10w ago | Insider Cluster | $22.36 | awaiting T+60 | — | $23.92 (−6.98%) |
Aug 10, 2026 11w ago | Press Release | $22.71 | awaiting T+60 | — | $23.92 (+5.33%) |
Aug 10, 2026 11w ago | Press Release | $22.71 | awaiting T+60 | — | $23.92 (−5.33%) |
Aug 6, 2026 11w ago | Press Release | $17.00 | awaiting T+60 | — | $23.92 (+40.71%) |
Jun 23, 2026 17w ago | 8-K | $16.89 $27.45 | ▲ +62.52% | ▲ +59.68% | $23.92 (+41.62%) |
May 21, 2026 22w ago | Insider Cluster | $16.50 $22.36 | ▲ +35.52% | ▲ +31.21% | $23.92 (+44.97%) |
US Market Status
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