Target Hospitality (TH) CEO logs RSU vesting and tax-withholding share transactions
Rhea-AI Filing Summary
Target Hospitality Corp. director, CEO and president James Bradley Archer reported multiple equity compensation transactions involving restricted stock units (RSUs) and common stock. On February 27, 2026 and March 1, 2026, RSUs vested and were converted into common shares at no exercise price, increasing his direct holdings. The filing shows RSUs representing one share of common stock or its cash equivalent upon vesting. Some of the newly issued common shares were simultaneously withheld to cover tax liabilities, recorded as code "F" transactions at a price of $7.79 per share, consistent with the stated closing stock price on February 27, 2026. After these transactions, Archer directly owned 1,808,113–1,832,056 shares of common stock across the reported events, along with a substantial balance of unvested RSUs subject to multi-year vesting schedules under the company’s 2019 Incentive Award Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,053 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,423 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share | 25,053 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 per share | 9,858 | $7.79 | $77K |
| Exercise | Common Stock, par value $0.0001 per share | 14,423 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 per share | 5,675 | $7.79 | $44K |
| Exercise | Restricted Stock Units | 42,411 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 42,411 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 per share | 16,688 | $7.79 | $130K |
Footnotes (1)
- 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. Restricted stock units withheld for payment of tax liability upon vesting of 42,411 RSUs on February 27, 2026, and 39,476 RSUs on March 1, 2026. Stock price reflects closing stock price as of February 27, 2026, the last trading day prior to vest. Total includes unvested RSUs from the following grants: 137,283 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; 169,643 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; 100,211 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 57,692 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.