[144] Target Hospitality Corp. SEC Filing

Rhea-AI Filing Summary

Target Hospitality Corp. (TH) filed a Form 144 reporting a proposed sale of 43,712 common shares, identified as restricted stock, acquired on 02/24/2023 from the issuer. The filing shows an aggregate market value of $262,436.00 and reports approximately 99,778,797 shares outstanding. The sale is scheduled to occur on or about 09/22/2025 on NASDAQ.

The filer represents there are no undisclosed material adverse facts and that no sales by the account were reported in the prior three months. The notice is routine: it documents the proposed disposition of previously restricted shares and provides broker, quantity, valuation, acquisition date, and planned sale date information as required under Rule 144.

Positive

• Complete Rule 144 disclosure provided including broker, acquisition date, nature of acquisition, and planned sale date
• Sale size is small relative to outstanding shares, suggesting limited market impact (43,712 shares vs 99,778,797 outstanding)

Negative

• Insider sale indicated, which some investors may view negatively despite the small size
• Form does not specify the identity of the selling person within the provided content (only broker and issuer address are shown)

Insights

Securities Analyst

TL;DR Insider proposes a small, routine sale of restricted shares; likely immaterial to company valuation.

The Form 144 discloses a proposed sale of 43,712 restricted common shares valued at $262,436, representing a very small fraction of the reported 99,778,797 shares outstanding. From a market-impact perspective this size is unlikely to move the stock price materially. The filing provides the standard details required under Rule 144: acquisition date, nature of acquisition (restricted stock), broker information, planned sale date, and the filer’s representation regarding material non-public information.

Compliance/Risk Analyst

TL;DR Disclosure appears compliant and routine; no recent related sales reported in the past three months.

The notice contains the necessary attestations and scheduling information, including the broker, approximate sale date of 09/22/2025, and the filer’s representation about the absence of undisclosed material adverse information. The transaction stems from restricted stock granted by the issuer on 02/24/2023. Given the absence of other recent sales by this account in the last three months, the filing meets standard Rule 144 reporting expectations and raises no immediate compliance flags based on the provided content.

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	CHARLES SCHWAB CORP 3000 SCHWAB WAY WESTLAKE TX 76262	43712	262436.00	99778797	09/22/2025	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	02/24/2023	RESTRICTED STOCK	ISSUER			43712	02/24/2023	N/A

* 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 being sold in the Target Hospitality (TH) Form 144?

The filing reports a proposed sale of 43,712 shares of Target Hospitality common stock classified as restricted stock.

When were the shares acquired and when is the planned sale date?

The shares were acquired on 02/24/2023 and the approximate date of sale is 09/22/2025.

What is the aggregate market value of the proposed sale?

The aggregate market value reported is $262,436.00.

How many Target Hospitality shares are outstanding according to the filing?

The filing reports 99,778,797 shares outstanding.

Was the consideration for the acquisition cash or otherwise?

The acquisition is listed as restricted stock from the issuer with the payment date shown as 02/24/2023 and N/A under nature of payment.

Were there any securities sold by the account in the past three months?

The filing states Nothing to Report for securities sold during the past three months.