Welcome to our dedicated page for Target Hospitality SEC filings (Ticker: TH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Target Hospitality Corp. (NASDAQ: TH) SEC filings, offering a detailed view of how the company reports its operations as one of North America’s largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. As a Delaware corporation with common stock listed on the Nasdaq Capital Market, Target files current and periodic reports that describe its segments, contracts and governance framework.
Investors can review Form 8-K filings covering material events such as quarterly financial results, investor presentations and amendments to the company’s bylaws. For example, recent 8-Ks discuss second and third quarter 2025 results, including segment data for Government, Hospitality & Facilities Services – South, Workforce Hospitality Solutions and other hospitality services, as well as changes to the company’s bylaws in response to updates in Delaware corporate law.
Through this filings page, users can also track disclosures related to multi-year contracts in the Government and Workforce Hospitality Solutions segments, data center and critical mineral projects, and Target’s participation in strategic sourcing vehicles for U.S. government work. These documents complement press releases by providing formal regulatory detail on revenue composition, segment performance and significant agreements.
Stock Titan enhances access to these filings with AI-powered summaries that explain key points from lengthy documents, helping readers quickly understand what each report means for Target Hospitality’s modular accommodations, hospitality services and contract portfolio. Users can reference this page for timely updates as new filings are posted to the SEC’s EDGAR system.
TH filed a Form 144 notice for a planned stock sale by an affiliated holder. The filing shows a planned sale of 27,754 shares of common stock through Charles Schwab, with an aggregate market value of $159,868.00, against 99,779,532 shares of common stock outstanding. The approximate sale date listed is January 20, 2026 on the Nasdaq exchange.
The seller, Heidi Diane Lewis, acquired these shares on April 15, 2020 by “various methods & dates” from the issuer, for a total of 27,754 shares. Over the prior three months, the same seller reported additional sales of common stock: 9,000 shares on November 17, 2025 for gross proceeds of $60,323.00, and 13,456 shares on December 15, 2025 for gross proceeds of $114,435.00.
Target Hospitality Corp. reported that its board appointed Cyril J. Hahamski as Chief Accounting Officer effective January 12, 2026. On the same date, Jason P. Vlacich stopped serving as Chief Accounting Officer but continues as Chief Financial Officer.
Hahamski brings over 25 years of experience in accounting, finance, and public-company reporting, including senior roles at Anew Climate, ALS Limited, and Buckeye Partners, and he is a CPA with an MBA in corporate accounting and finance.
Under his employment agreement, Hahamski will receive a $300,000 annual base salary, which he may elect to take entirely in RSUs that vest monthly, a target annual cash bonus equal to 50% of base salary, a long‑term equity award opportunity with a target grant value of $150,000, and a one‑time $75,000 sign‑on bonus paid in two installments. The agreement includes 12‑month non‑compete and non‑solicitation covenants and provides severance and enhanced cash, COBRA, and equity‑vesting benefits if he is terminated without cause or resigns for good reason, including more favorable terms following a change in control.
Target Hospitality Corp. executive reports planned stock sale under 10b5-1 plan. On 12/15/2025, an officer of Target Hospitality Corp., serving as EVP, General Counsel & Secretary, sold 13,456 shares of common stock in an open market transaction coded as a sale. The weighted average sale price was $8.50 per share, with individual trades on that date occurring between $8.45 and $8.56 per share. After this transaction, the reporting person beneficially owned 140,742 shares of Target Hospitality common stock, held directly. The filing notes that this sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan entered into on June 12, 2025.
Target Hospitality Corp. filed a current report describing changes to its corporate bylaws. On November 21, 2025, the Board of Directors approved the Fifth Amended and Restated Bylaws. The changes remove a prior bylaw provision, Section 7.6 on interested directors and quorum, which had been based on an earlier version of Section 144 of the Delaware General Corporation Law. The company states that the updated Section 144 of Delaware law will now apply by default. The bylaws were also updated for ministerial, clarifying, and conforming changes, which generally tidy up wording and alignment with current law.
The full text of the Fifth Amended and Restated Bylaws is provided as an exhibit to the report.
Target Hospitality Corp. (TH) reported an insider stock sale by Executive Vice President, General Counsel & Secretary Heidi D. Lewis on 11/17/2025. She sold 9,000 shares of common stock at a weighted average price of $6.70 per share, through multiple trades between $6.21 and $6.95.
The transaction was made under a pre-arranged Rule 10b5-1 trading plan that was entered into on June 12, 2025. After this sale, Lewis beneficially owns 154,198 shares of Target Hospitality common stock.
Target Hospitality Corp. (TH) director Stephen Robertson reported an open-market purchase of company stock. On 11/17/2025, he bought 145,000 shares of common stock at a price of $6.85 per share. After this transaction, he beneficially owned 320,000 shares of Target Hospitality common stock, held directly. The filing was made on Form 4 by a single reporting person, reflecting his role as a director of the company.
Target Hospitality Corp. furnished an update to investors by posting a new investor presentation on its website on November 17, 2025. The slide deck, available in the presentations section of the company’s investor relations site, includes forward-looking statements that are subject to the cautionary language contained within the presentation. The information referenced in this update is being provided under Regulation FD and is designated as “furnished,” meaning it is not deemed filed for liability purposes under federal securities laws or automatically incorporated into other securities filings unless specifically referenced.
Target Hospitality (TH) reported a shift in its business mix in Q3 2025. Total revenue was $99,355 (thousands), up modestly year over year, but operating income was $69 (thousands) and the quarter ended with a net loss of $757 (thousands), or $(0.01) per diluted share. Cash was $30,387 (thousands) as of September 30, 2025.
The company redeemed its 10.75% Senior Secured Notes due 2025, repaying $181.4 million on March 25, 2025, which, along with ABL activity, drove financing cash outflows of $187,485 (thousands) year to date. Operating cash flow was $68,357 (thousands) for the nine months.
Government segment dynamics were notable: the Dilley Immigration Processing Center contract ramp completed with fixed minimums now fully recognized, while the terminated Pecos Children’s Center contributed a $11,800 (thousands) close-out payment in Q3. The new Data Center Community contract began in September and is expected to generate approximately $43,000 (thousands) of committed minimum revenue through September 2027, with advance payments recorded as deferred revenue. Shares outstanding were 99,779,532 as of November 3, 2025.
Target Hospitality (TH) furnished an update announcing its third quarter 2025 results via a press release. Management will host an investor audio conference call and webcast on November 6, 2025 at 8:00 a.m. CT / 9:00 a.m. ET, with access available through the company’s website.
The press release is attached as Exhibit 99.1 and is incorporated by reference as stated. The information is being furnished, not filed, under the Exchange Act, so it is not subject to Section 18 liabilities and will only be incorporated into other filings if specifically referenced. The release also includes forward‑looking statements subject to the cautionary notes contained within.
Target Hospitality (TH): EVP, General Counsel & Secretary Heidi D. Lewis reported an open-market sale of common stock. On 10/20/2025, she sold 9,000 shares at a $7.09 weighted average price, executed in multiple trades within a $7.00–$7.18 range. The transaction was made pursuant to a Rule 10b5-1 plan entered into on June 12, 2025.
Following the sale, Lewis beneficially owns 163,198 shares, held directly. This filing reflects routine insider activity disclosed on Form 4 and does not indicate company operational changes.