Target Hospitality SVP reports RSU vesting moves
Target Hospitality Corp. SVP, Finance & IR Mark Schuck reported RSU vesting-related transactions.
Rhea-AI Filing Summary
Target Hospitality Corp. SVP, Finance & IR Mark Schuck reported RSU vesting-related transactions. On February 27, 2026 and March 1, 2026, restricted stock units converted into common stock at no cost, reflecting routine equity compensation vesting under the company’s incentive plan.
In connection with these vestings, shares of common stock were also disposed of through tax-withholding transactions at a price of $7.79 per share to cover associated tax liabilities. All transactions are reported as direct ownership and include both newly acquired common shares from RSUs and shares withheld for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,415 shares exercised/converted
Exercise
9 txns
Insider
Schuck Mark
Role
SVP, Finance & IR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,582 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,154 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 per share | 1,582 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 385 | $7.79 | $3K |
| Exercise | Common Stock, par value $0.0001 per share | 1,154 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 281 | $7.79 | $2K |
| Exercise | Restricted Stock Units | 2,679 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 per share | 2,679 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 652 | $7.79 | $5K |
Holdings After Transaction:
Restricted Stock Units — 21,023 contracts (Direct);
Common Stock, par value $0.0001 per share — 28,774 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") 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.
- F2. Restricted stock units withheld for payment of tax liability upon vesting of 2,679 RSUs on February 27, 2026 and 2,736 RSUs on March 1, 2026. Stock price reflects closing stock price as of February 27, 2026 the last trading day prior to vesting.
- F3. Total includes unvested RSUs from the following grants: 8,671 RSUs granted on February 25, 2026 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2027; 10,714 RSUs granted on February 27, 2025 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on February 27, 2026; 6,329 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; and 4,615 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024. Awards are subject to the terms of the respective RSU award agreements and subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended.
FAQ
What insider transactions did TH executive Mark Schuck report on this Form 4?
Mark Schuck reported automatic conversion of restricted stock units into Target Hospitality common stock and related tax-withholding dispositions. These transactions reflect equity awards vesting and shares withheld to satisfy tax liabilities, rather than open-market purchases or sales by the executive.
Were the Target Hospitality (TH) insider transactions open-market buys or sells?
No, the transactions were not open-market trades. They consisted of RSUs converting into common stock at no cost and shares disposed of under code F, which indicates stock withheld to pay exercise price or tax liabilities upon vesting of those awards.
What role does Mark Schuck hold at Target Hospitality (TH)?
Mark Schuck is identified as Target Hospitality’s SVP, Finance & IR. The Form 4 reports his direct ownership transactions involving restricted stock units and common stock connected to the company’s 2019 Incentive Award Plan and related RSU award agreements.
How were taxes handled on the TH RSU vesting reported for Mark Schuck?
Taxes were handled through stock withholding. The filing shows common shares disposed of under transaction code F at $7.79 per share, representing delivery of shares to cover tax liabilities from vesting RSUs on specified February and March 2026 dates.
What do the restricted stock units in this TH Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Target Hospitality common stock or its cash equivalent upon vesting. The RSUs vest in scheduled annual installments under previously granted awards governed by the company’s 2019 Incentive Award Plan.
Are unvested RSUs included in Mark Schuck’s reported TH holdings?
Yes, the total reported holdings include unvested RSUs from several grants made between 2023 and 2026. These awards vest in four annual installments starting on the first anniversary of each grant date, subject to their RSU agreements and the 2019 Incentive Award Plan.
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