Form 4 for TH Target Hospitality Corp.
Accepted 2025-03-03 00:00:00 ET · period of report 2025-02-27 · accession 0001712189-25-000020 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-03 | 2025-03-01 | TH | Schrenk Troy C. | CCO, SEVP, Ops | M - OptEx | — | +11.1K | 160.8K | +7% | — |
| D | 2025-03-03 | 2025-03-01 | TH | Schrenk Troy C. | CCO, SEVP, Ops | F - Tax | $5.61 | -2,701 | 158.1K | -2% | -$15.2K |
| D | 2025-03-03 | 2025-02-27 | TH | Schrenk Troy C. | CCO, SEVP, Ops | A - Grant | $0.00 | +49.1K | 114.6K | +75% | $0 |
| D | 2025-03-03 | 2025-03-01 | TH | Schrenk Troy C. | CCO, SEVP, Ops | M - OptEx | $0.00 | -11.1K | 103.5K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.0001 per share | 2025-03-01 | M | A | 11,098 | — | 160,806 | D | — | — | (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. |
| 2 | Common | Common Stock, par value $0.0001 per share | 2025-03-01 | F | D | 2,701 | $5.61 | 158,105 | D | — | — | (F4) Restricted stock units withheld for payment of tax liability upon vesting of 11,098 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting. |
| 3 | Derivative | Restricted Stock Units | 2025-02-27 | A | A | 49,107 | $0.00 | 114,570 | D | — · — to — | 49,107 Common Stock | (F2) On February 27, 2025, the Reporting Person was granted 49,107 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person. (F3) Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 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; 15,385 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; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan. (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. |
| 4 | Derivative | Restricted Stock Units | 2025-03-01 | M | D | 11,098 | $0.00 | 103,472 | D | — · — to — | 11,098 Common Stock | (F3) Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 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; 15,385 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; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan. (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. |