[Form 4] Target Hospitality Corp. Insider Trading Activity

Rhea-AI Filing Summary

Target Hospitality Corp. director Martin L. Jimmerson reported routine equity compensation activity. On May 21, 2026, he exercised 16,061 Restricted Stock Units into an equal number of shares of Common Stock, bringing his direct Common Stock holdings to 172,465 shares after the transaction.

On the same date, he was granted 7,597 new Restricted Stock Units, each representing a contingent right to receive one share of Common Stock or its cash equivalent upon vesting. These new RSUs vest in full on May 21, 2027 or, if earlier, on the date of the next annual stockholder meeting, with delivery generally upon separation of service from the board.

Insider Trade Summary

16,061 shares exercised/converted

Mixed 3 txns

Insider Jimmerson Martin L.

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	16,061	$0.00	--
Grant/Award	Restricted Stock Units	7,597	$0.00	--
Exercise	Common Stock, par value $0.0001 per share	16,061	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.0001 per share — 172,465 shares (Direct, null)

Footnotes (1)

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 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors. On May 21, 2026, the Reporting Person, was granted 7,597 Restricted Stock Units which vest in full on May 21, 2027 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Jimmerson Martin L.

(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)
05/21/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	05/21/2026		M		16,061	A	(1)	172,465	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/21/2026		M			16,061	(2)	(2)	Common Stock	16,061	$0	0	D
Restricted Stock Units	(1)	05/21/2026		A		7,597		(3)	(3)	Common Stock	7,597	$0	7,597	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 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

3. On May 21, 2026, the Reporting Person, was granted 7,597 Restricted Stock Units which vest in full on May 21, 2027 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors

	/s/ Heidi D. Lewis, as Attorney in Fact on behalf of Martin Jimmerson	05/26/2026
	** 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)