Target Hospitality (NASDAQ: TH) director Erich Sanchack reports no holdings
Rhea-AI Filing Summary
Erich Sanchack, a director of Target Hospitality Corp., filed an initial statement of beneficial ownership reporting no beneficial ownership of the company’s common stock, par value $0.001 per share, as of 2026-08-04. Attorney-in-Fact Heidi D. Lewis signed under a Power of Attorney dated April 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanchack Erich
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.001 per share F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 0 shares (Direct)
Footnotes (1)
- F1. No Securities are beneficially owned
Key Figures
Common stock par value: $0.001 per share
Shares beneficially owned: 0.0000 shares
Transaction date: 2026-08-04
3 metrics
Common stock par value
$0.001 per share
Par value of Target Hospitality common stock reported in the ownership table
Shares beneficially owned
0.0000 shares
Total Target Hospitality common shares beneficially owned by Erich Sanchack after reporting
Transaction date
2026-08-04
Date associated with the common stock holding entry on the Form 3
Key Terms
beneficially owned, Attorney-in-Fact, Power of Attorney
3 terms
beneficially owned financial
"A footnote states that no Securities are beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Attorney-in-Fact regulatory
"Heidi D. Lewis is signing as Attorney-in-Fact pursuant to the Power"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Power of Attorney regulatory
"signing as Attorney-in-Fact pursuant to the Power of Attorney dated April 29, 2026"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Target Hospitality (TH) Form 3 for Erich Sanchack show?
The Form 3 shows that Erich Sanchack reported no beneficial ownership of Target Hospitality common stock. It is an initial statement of ownership filed in connection with his status as a director of the company.
Does Erich Sanchack own Target Hospitality (TH) common stock according to this Form 3?
According to the Form 3, no Securities are beneficially owned by Erich Sanchack. The holding line for common stock lists 0.0000 shares beneficially owned, supported by a footnote repeating that no securities are beneficially owned.
What role does Erich Sanchack have at Target Hospitality (TH)?
Erich Sanchack is identified as a director of Target Hospitality Corp. The Form 3 indicates he is not an officer and not a ten percent owner, so his reporting obligation arises from his board membership.
Who signed the Target Hospitality (TH) Form 3 for Erich Sanchack?
The Form 3 is signed by Heidi D. Lewis as Attorney-in-Fact for Erich Sanchack. The signature is made under a Power of Attorney dated April 29, 2026, which is referenced as filed as an exhibit.
What security is referenced in Erich Sanchack’s Form 3 for Target Hospitality (TH)?
The reported security is Common Stock, par value $0.001 per share of Target Hospitality Corp. The entry records a post-transaction holding of 0.0000 shares, with a footnote clarifying that no securities are beneficially owned.