[144] Target Hospitality Corp. SEC Filing

Rhea-AI Filing Summary

Target Hospitality Corp. (TH) reports a proposed sale under Rule 144 of 49,344 common shares held by a person who received the shares through restricted stock vesting on 06/30/2025. The filer indicates the sale is expected to occur on 09/18/2025 through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $423,352.22 and total shares outstanding of 99,778,797. The acquisition was recorded as compensation and fully paid on the vesting date.

The filer certifies there were no other sales by the same person in the past three months and affirms no undisclosed material adverse information is known. This filing documents a routine sale of vested restricted stock rather than a market-moving corporate event.

Positive

• Transaction is transparent: filing provides acquisition date, nature (restricted stock vesting), broker, planned sale date, and aggregate market value.
• Small relative size: 49,344 shares represent approximately 0.049% of 99,778,797 shares outstanding, indicating limited dilutive/market impact.
• No recent sales: filer reports no securities sold in the past three months, consistent with a single, disclosed liquidity event.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale of vested restricted stock equal to a small fraction of outstanding shares; likely neutral for investors.

The filing discloses a planned Rule 144 sale of 49,344 common shares acquired via restricted stock vesting on 06/30/2025, with an aggregate market value of $423,352.22 and 99,778,797 shares outstanding. The sale is to be executed via Fidelity on NASDAQ on 09/18/2025. Because the shares arose from compensation and no other sales in the past 3 months are reported, this appears to be a planned liquidity event by an insider rather than a signal of material company performance change. The position represents approximately 0.049% of the outstanding common stock, a de minimis percentage in dilution terms.

Compliance / Risk Analyst

TL;DR: Filing meets Rule 144 disclosure elements; no compliance red flags evident from provided data.

The notice includes the required elements: acquisition date, nature of acquisition (restricted stock vesting), payment nature (compensation), broker details, planned sale date, and aggregate market value. The filer also attests to lack of undisclosed material adverse information and reports no other sales in the prior three months. Based solely on the supplied content, there are no apparent trading-plan or material information compliance issues disclosed in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	49344	423352.22	99778797	09/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/30/2025	Restricted Stock Vesting	Issuer			49344	06/30/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the size of the proposed sale by the filer in the Target Hospitality (TH) Form 144?

The filer proposes to sell 49,344 common shares with an aggregate market value of $423,352.22.

How and when were the shares to be sold acquired according to the filing?

The shares were acquired on 06/30/2025 through restricted stock vesting from the issuer and were recorded as compensation.

When is the approximate date of the planned sale and through which broker will it occur?

The approximate sale date is 09/18/2025 and the broker listed is Fidelity Brokerage Services LLC on the NASDAQ.

Did the filer report any other sales of the issuer's securities in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

What representation does the filer make regarding material nonpublic information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.