Target Hospitality Corp. (TH) awards new director 6,963 RSUs

Rhea-AI Filing Summary

Smyth Margaret Mary reported acquisition or exercise transactions in this Form 4 filing.

Target Hospitality Corp. granted director Margaret Mary Smyth 6,963 Restricted Stock Units on August 4, 2026 as she joined the Board of Directors. Each RSU represents a contingent right to receive one share of common stock or its cash equivalent and will vest in full on May 20, 2027 under the company’s 2019 Incentive Award Plan and related Award Agreement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smyth Margaret Mary

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	6,963	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 6,963 shares (Direct)

Footnotes (2)

1. F1. 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"), of its cash equivalent.
2. F2. On August 4, 2026, the Reporting Person, as a newly appointed director the Board of Directors, was granted 6,963 RSUs which vest in full on May 20, 2027, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and Award Agreement.

Key Figures

Restricted Stock Units granted: 6,963 units Transaction date: August 4, 2026 Vesting date: May 20, 2027 +2 more

5 metrics

Restricted Stock Units granted 6,963 units Award to director on August 4, 2026

Transaction date August 4, 2026 Date the 6,963 RSUs were granted

Vesting date May 20, 2027 RSUs vest in full on this date

Par value of common stock $0.0001 per share Par value of Target Hospitality common stock underlying the RSUs

Underlying common shares 6,963 shares Shares of common stock issuable upon vesting of the RSUs

Key Terms

Restricted Stock Units, contingent right, 2019 Incentive Award Plan, Award Agreement

4 terms

Restricted Stock Units financial

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

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.

contingent right financial

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

2019 Incentive Award Plan financial

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

Award Agreement financial

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

An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/06/2026 - 04:39 PM Accepted by SEC EDGAR 08/06/2026 - 04:39 PM Learn about SEC filing dates

FAQ

What insider transaction did Target Hospitality (TH) report for Margaret Mary Smyth?

Target Hospitality reported that director Margaret Mary Smyth received 6,963 Restricted Stock Units on August 4, 2026. The RSUs are tied to the company’s common stock and were granted in connection with her role on the Board of Directors under the 2019 Incentive Award Plan.

How many RSUs did Margaret Mary Smyth receive from Target Hospitality (TH)?

Margaret Mary Smyth received 6,963 Restricted Stock Units from Target Hospitality. Each RSU corresponds to one share of the company’s common stock, par value $0.0001 per share, or its cash equivalent, contingent on the vesting conditions being satisfied.

When do Margaret Mary Smyth’s Target Hospitality (TH) RSUs vest?

The 6,963 RSUs granted to Margaret Mary Smyth vest in full on May 20, 2027. Vesting is subject to the terms and conditions of Target Hospitality Corp.’s 2019 Incentive Award Plan, as amended, and the applicable Award Agreement governing the grant.

What does each Restricted Stock Unit represent in Target Hospitality (TH)’s grant?

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, assuming the conditions under the 2019 Incentive Award Plan and the related Award Agreement are met by the director.

Is Margaret Mary Smyth’s Target Hospitality (TH) RSU award held directly or indirectly?

The 6,963 RSUs granted to Margaret Mary Smyth are reported as directly held. Following the award, her direct holdings in this RSU position total 6,963 units, all subject to the same vesting date and plan terms disclosed for the grant.

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^*

Smyth Margaret Mary

(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)
08/04/2026

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

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)	08/04/2026		A		6,963		(2)	(2)	Common Stock	6,963	$0	6,963	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"), of its cash equivalent.

2. On August 4, 2026, the Reporting Person, as a newly appointed director the Board of Directors, was granted 6,963 RSUs which vest in full on May 20, 2027, 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 Margaret M. Smyth	08/06/2026
	** 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)