X0202 SCHEDULE 13D/A 0001213900-25-087861 0001601971 XXXXXXXX LIVE 10 Common Stock, $0.30 par value 08/06/2026 0000318833 878155100 Team Inc

13131 Dairy Ashford Suite 600 Sugar Land TX 77478

John Barrett 646-863-7152 12 East 49th Street 40th Floor New York NY 10017 0001601971 N Corre Opportunities Qualified Master Fund, LP WC SC E9 0 255058 0 255058 255058 4.99 PN Includes 255,058 shares of Common Stock issuable upon exercise of Warrant No. 2 to purchase Shares of Common Stock of the Issuer, dated December 8, 2021 ("Warrant No. 2"). The exercise of Warrant No. 2 is subject to the Beneficial Ownership Limitation and the percentage set forth in row (13) gives effect to the Beneficial Ownership Limitation. However, rows (8), (10) and (11) show the number of shares of Common Stock that would be issuable upon the exercise of Warrant No. 2 and does not give effect to the Beneficial Ownership Limitation. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to the Beneficial Ownership Limitation, is less than the number of securities reported in rows (8), (10) and (11). On August 7, 2026, the Reporting Person delivered a notice to the Issuer that the Reporting Person was decreasing the Beneficial Ownership Limitation to 4.99%, consistent with Section 3(E) of Warrant No. 2. 0001751529 N Corre Horizon Fund, LP WC E9 0 116092 0 116092 116092 2.48 PN Includes 116,092 shares of Common Stock issuable upon exercise of Warrant No. 3 to purchase Shares of Common Stock of the Issuer, dated December 8, 2021 (Warrant No. 3). 0001823817 N Corre Horizon II Fund, LP WC E9 0 128850 0 128850 128850 2.74 Includes 128,850 shares of Common Stock issuable upon exercise of Warrant No. 4 to purchase Shares of Common Stock of the Issuer, dated December 8, 2021 ("Warrant No. 4"). 0001884680 N Corre Partners Advisors, LLC AF DE 0 500000 0 500000 500000 4.99 OO IA Includes 500,000 shares of Common Stock issuable upon exercise of Warrant No. 2, No. 3 and No. 4. The exercise of these Warrants is subject to the Beneficial Ownership Limitation and the percentage set forth in row (13) gives effect to the Beneficial Ownership Limitation. However, rows (8), (10) and (11) show the number of shares of Common Stock that would be issuable upon the exercise of the Warrants and does not give effect to the Beneficial Ownership Limitation. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to the Beneficial Ownership Limitation, is less than the number of securities reported in rows (8), (10) and (11). On August 7, 2026, the Reporting Person delivered a notice to the Issuer that the Reporting Person was decreasing the Beneficial Ownership Limitation to 4.99%, consistent with Section 3(E) of the Warrants. As a result, the Reporting Persons are no longer reporting persons under Schedule 13D. 0001858308 N John Barrett AF X1 0 500000 0 500000 0 4.99 IN HC Includes 500,000 shares of Common Stock issuable upon exercise of Warrant No. 2, No. 3 and No. 4. The exercise of these Warrants is subject to the Beneficial Ownership Limitation and the percentage set forth in row (13) gives effect to the Beneficial Ownership Limitation. However, rows (8), (10) and (11) show the number of shares of Common Stock that would be issuable upon the exercise of the Warrants and does not give effect to the Beneficial Ownership Limitation. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to the Beneficial Ownership Limitation, is less than the number of securities reported in rows (8), (10) and (11). On August 7, 2026, the Reporting Person delivered a notice to the Issuer that the Reporting Person was decreasing the Beneficial Ownership Limitation to 4.99%, consistent with Section 3(E) of the Warrants. As a result, the Reporting Persons are no longer reporting persons under Schedule 13D. Common Stock, $0.30 par value Team Inc 13131 Dairy Ashford Suite 600 Sugar Land TX 77478 Effective as of February 1, 2026, Mr. Eric Soderlund has retired from his positions with Corre Partners Advisors, LLC and Corre Partners Management, LLC and has ceased to have or share voting or dispositive power with respect to the securities that are the subject of this filing. Accordingly, Mr. Soderlund is hereby removed as a Reporting Person. On August 6, 2026, Corre Opportunities Qualified Master Fund, LP, Corre Horizon Fund, LP and Corre Horizon II Fund, LP, each an existing shareholder of the Issuer, along with Corre Partners Management, LLC ("Corre"), which has been delegated investment authority over the assets of such shareholders (collectively with such shareholders, the "Corre Holders"), entered into a securities purchase agreement (the "Purchase Agreement") with InspectionTech Holdings LP (the "Stellex Holder"). Pursuant to the Purchase Agreement, the Sellers sold all common stock held by the Sellers (consisting of 1,054,719 shares held by Qualified Master Fund, LP, 249,942 shares held by Corre Horizon Fund, LP and 299,665 shares held by Corre Horizon II Fund, LP) to the Buyer for aggregate consideration of $56,953,573. Pursuant to the Purchase Agreement, until the earlier of (x) December 31, 2027 and (y) the date that Buyer or its affiliates obtain the right to designate one or more directors of the Issuer in addition to the number of directors that Buyer or its affiliates had the right to designate as of the date of the Purchase Agreement (the "Additional Buyer Director Designation Date"), the Corre Holders have agreed to consult with Buyer regarding the Sellers Parties' rights to nominate a director to the Issuer's Board of Directors pursuant to the Board Rights Agreement, dated as of June 16, 2023 (the "Board Rights Agreement"), as amended. Further, until the earlier of (x) December 31, 2027 or the Additional Buyer Director Designation Date, upon Buyer's request, the Corre Holders will use their reasonable best efforts to obtain the resignation of the Lender Director (as such term is defined in the Board Rights Agreement). The Purchase Agreement also contains certain customary standstill restrictions on Corre and the Corre Holders, subject to certain exceptions. Pursuant to the Purchase Agreement, on August 6, 2026, the Corre Holders delivered an irrevocable waiver to the Issuer under the Board Rights Agreement, waiving the Corre Holders' rights to Board Observers and Board Nomination Rights, other than with respect to the Lender Director. The foregoing description of the Purchase Agreement is not complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which has been filed as Exhibit 99.1 hereto and incorporated by reference herein. See rows (11) and (13) of the cover page to this Schedule 13D for the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by each Reporting Person, and is calculated based upon an aggregate of 4,571,382 shares of Common Stock outstanding as of May 11, 2026, as reported on the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 filed with the SEC on May 13, 2026 and assumes the issuance of the shares of Common Stock underlying Warrant No. 2, Warrant No. 3 and Warrant No. 4 held by the Reporting Persons. See rows (7) through (10) of the cover page to this Schedule 13D for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. Item 4 of this Schedule 13D is incorporated by reference. No other transactions in the shares of Common Stock have been effected by each Reporting Person during the past sixty (60) days. 8-07-2026 The Reporting Persons' response to Item 4 of this Amendment is incorporated by reference into this Item 6. 99.1 - Securities Purchase Agreement, dated as of August 6, 2026, by and among Corre Partners Management, LLC, Corre Opportunities Qualified Master Fund, LP, Corre Horizon Fund, LP, Corre Horizon II Fund, LP and InspectionTech Holdings LP. Corre Opportunities Qualified Master Fund, LP /s/ Corre Opportunities Qualified Master Fund, LP 08/10/2026 Corre Horizon Fund, LP /s/ Corre Horizon Fund, LP 08/10/2026 Corre Horizon II Fund, LP /s/ Corre Horizon II Fund, LP 08/10/2026 Corre Partners Advisors, LLC /s/ Corre Partners Advisors, LLC 08/10/2026 John Barrett /s/ John Barrett 08/10/2026