New Target Hospitality (TH) director receives 347 RSU grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hohnsbeen Paul reported acquisition or exercise transactions in this Form 4 filing.

Target Hospitality Corp. director Paul Hohnsbeen received a grant of 347 Restricted Stock Units on May 5, 2026 as part of his compensation for joining the board. Each RSU represents a right to receive one share of common stock or its cash equivalent upon vesting.

The 347 RSUs vest in full on May 21, 2026 under the Target Hospitality Corp. 2019 Incentive Award Plan and the related award agreement. Following this grant, Hohnsbeen holds 347 RSUs directly, with no open-market purchases or sales reported in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hohnsbeen Paul

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	347	$0.00	--

Holdings After Transaction: Restricted Stock Units — 347 shares (Direct, null)

Footnotes (1)

Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent. On May 5, 2026, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 347 RSUs which vest in full on May 21, 2026, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and award agreement.

Key Figures

RSUs granted: 347 RSUs RSUs vesting date: May 21, 2026 Holdings after transaction: 347 RSUs +1 more

4 metrics

RSUs granted 347 RSUs Grant to director Paul Hohnsbeen on May 5, 2026

RSUs vesting date May 21, 2026 347 RSUs vest in full on this date

Holdings after transaction 347 RSUs Total Restricted Stock Units following the grant

Par value per share $0.0001 per share Par value of Target Hospitality common stock linked to RSUs

Key Terms

Restricted Stock Units, 2019 Incentive Award Plan, par value

3 terms

Restricted Stock Units financial

"Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2019 Incentive Award Plan financial

"subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and award agreement"

par value financial

"common stock of the Issuer, par value $0.0001 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hohnsbeen Paul

(Last)

(First)

(Middle)

9320 LAKESIDE BLVD., STE 300

(Street)

THE WOODLANDS

TEXAS

77381

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Target Hospitality Corp. [ TH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/05/2026		A		347		⁽²⁾	⁽²⁾	Common Stock	347	$0	347	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

2. On May 5, 2026, the Reporting Person, as a newly appointed director to the Board of Directors, was granted 347 RSUs which vest in full on May 21, 2026, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and award agreement.

	/s/ Heidi D. Lewis, as Attorney in Fact on behalf of Paul Hohnsbeen	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Target Hospitality (TH) report for Paul Hohnsbeen?

Target Hospitality reported a grant of 347 Restricted Stock Units to director Paul Hohnsbeen. The award was made as part of his compensation for joining the board and does not involve any open-market share purchases or sales by him.

How many RSUs did Target Hospitality (TH) grant to director Paul Hohnsbeen?

Target Hospitality granted 347 Restricted Stock Units to director Paul Hohnsbeen. These RSUs represent potential future delivery of 347 shares of common stock or their cash equivalent, depending on the company’s settlement choice at vesting.

When do Paul Hohnsbeen’s RSUs at Target Hospitality (TH) vest?

Paul Hohnsbeen’s 347 Restricted Stock Units vest in full on May 21, 2026. Vesting is subject to the terms of Target Hospitality Corp.’s 2019 Incentive Award Plan, as amended, and the specific RSU award agreement governing the grant.

Does the Target Hospitality (TH) Form 4 show any stock sales or purchases?

The Form 4 reports only a grant of 347 Restricted Stock Units to director Paul Hohnsbeen. It does not show any open-market purchases or sales of Target Hospitality common stock by him in connection with this particular filing.

What does each Target Hospitality (TH) Restricted Stock Unit represent in this filing?

Each Restricted Stock Unit represents a contingent right to receive one share of Target Hospitality common stock or its cash equivalent. Delivery occurs upon vesting, provided the conditions in the 2019 Incentive Award Plan and award agreement are satisfied at that time.