Welcome to our dedicated page for Target Hospitality SEC filings (Ticker: TH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Target Hospitality Corp. filings document the public-company record for a Nasdaq-listed provider of modular accommodations and hospitality services. Its 8-K reports disclose operating results, investor presentations, Regulation FD business updates, contract announcements and material corporate events connected to its workforce communities and service offerings.
TH filings also cover common stock registration and capital-structure matters, including prospectus supplements and underwriting agreements for secondary offerings by selling stockholders. Proxy materials describe annual meeting proposals, board composition, committee service, executive compensation and equity incentive matters, while governance-related 8-K filings record director appointments and amendments to performance stock unit arrangements under the company incentive plan.
Target Hospitality Corp. received an amendment to a Schedule 13G from Private Capital Management, LLC reporting beneficial ownership of 3,701,815 shares of Common Stock, representing 3.70% of the class as of 06/30/2026.
The filing states sole voting/dispositive power over 1,417,302 shares and shared voting/dispositive power over 2,284,513 shares, and disclaims beneficial ownership where dispositive power is held.
Target Hospitality Corp.’s major holders reported an internal share redistribution. On June 18, 2026, MFA Global S.a r.l. (in liquidation) and Arrow Holdings S.a r.l. distributed an aggregate of 1,344,460 shares of common stock to certain limited partners for no consideration.
Following this restructuring-type transaction, entities associated with TDR Capital remain indirect holders of 45,978,409 shares of Target Hospitality common stock, including 34,951,238 shares held by Arrow and 11,027,171 shares held by MFA Global. The TDR-related persons expressly disclaim beneficial ownership beyond their pecuniary interest.
Target Hospitality Corp. received an updated Schedule 13D/A from a group led by TDR Capital regarding their large ownership stake. The reporting persons collectively beneficially own 45,978,409 shares of common stock, representing 46.2% of the company.
The amendment notes that on June 18, 2026, Arrow Holdings and MFA Global made a distribution in kind of 1,344,460 Target Hospitality common shares to certain of their limited partners, adjusting how part of the stake is held without changing overall control by the reporting group.
Target Hospitality Corp. director Stephen Robertson reported internal share redistributions involving affiliated investment entities, not open-market trades. An in-kind distribution from TDR Capital allocated 348,475 shares of common stock to Ball LP and 31,667 shares to Halkin Private Capital Limited at a stated price of $0.0000 per share. Following these changes, Robertson holds 752,397 shares directly, while indirect holdings include 655,689 shares through Ball LP and 109,051 shares through Halkin, reflecting his roles and pecuniary interests in these entities.
Target Hospitality Corp. director Stephen Robertson reported restructuring transactions involving indirect holdings, not open-market trades. Several entries coded "J" show an in-kind distribution of Common Stock to investment entities Ball LP and Halkin Private Capital Limited at a stated price of $0.0000 per share. A separate line records that Robertson holds 752,397 shares of Common Stock directly following the reported events. Footnotes explain that the distributions stem from partners electing to receive stock instead of cash in a secondary offering managed by TDR Capital, and that Robertson may be deemed an ultimate beneficial owner while disclaiming ownership in Ball LP and Halkin beyond his pecuniary interest.
Target Hospitality Corp. disclosed that investment entities affiliated with TDR Capital restructured and reduced their indirect stake. On May 28, 2026, MFA Global and Arrow Holdings distributed an aggregate 1,203,134 shares of common stock to certain limited partners for no consideration. On May 29, 2026, the same entities sold an aggregate 8,050,000 shares in an underwritten public offering at $16.3625 per share. After these transactions, they continued to hold 47,322,869 shares indirectly through Arrow and MFA Global, and various TDR Capital-related entities may be deemed beneficial owners but expressly disclaim beneficial ownership beyond their pecuniary interest.
TDR Capital-affiliated investors filed Amendment No. 6 to update their Schedule 13D on Target Hospitality Corp. common stock. The filing notes that Arrow Holdings and MFA Global distributed in kind an aggregate of 1,203,134 shares to certain limited partners.
On May 28, 2026, these shareholders entered an underwriting agreement with Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. for the offer and sale of 8,050,000 shares of Target Hospitality common stock at $16.3625 per share, with the deal closing on May 29, 2026.
The reporting persons disclose beneficial ownership of 47,322,869 shares, representing 47.5% of the common stock. Within this, Sapphire Holding and Arrow Holdings each report 35,973,253 shares, or 36.1%, and MFA entities report 11,349,616 shares, or 11.4% of the class.
Target Hospitality Corp. announced a fully underwritten secondary public offering of 7,000,000 shares of its common stock at $17.00 per share, sold by existing stockholders Arrow Holdings S.à r.l. and MFA Global S.à r.l.
The selling stockholders also granted underwriters a 30-day option to buy up to 1,050,000 additional shares. Total gross proceeds to the selling stockholders are approximately $119 million, and the company is not selling shares and will not receive any proceeds. The offering uses an existing effective Form S-3 shelf registration and is led by Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. as book-running managers.
Target Hospitality Corp. resale prospectus supplement registers 7,000,000 shares of Common Stock held by affiliates of investment funds managed by TDR Capital LLP, with an underwriter option for an additional 1,050,000 shares for 30 days. The company will receive no proceeds from the sales; the selling stockholders will receive net proceeds after underwriting discounts. The offering price is $17.00 per share and the underwriters expect to deliver the shares on or about May 29, 2026. The filing states that, after this offering, outstanding Common Stock will be 99,585,466 shares (assumed basis) and that the company will cease to be a “controlled company” under Nasdaq governance standards.
Target Hospitality Corp. registration permits resale of 7,000,000 shares of Common Stock by affiliates of investment funds managed by TDR Capital LLP.
The underwriters have a 30‑day option to purchase up to 1,050,000 additional shares. The Company will receive no proceeds from this offering; the selling stockholders will receive all net proceeds.
Shares outstanding were 99,585,466 as of May 26, 2026, and ownership by Arrow Holdings and MFA Global together was ~56.8% prior to this offering, decreasing to ~49.7% after this offering (approximate figures disclosed).