Lewis Heidi Diane bought TH

February 25, 2026 · Form 4 insider transaction

Lewis Heidi Diane bought 175,000 shares of Target Hospitality Corp. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
175,000
Price
$0.00
Total value
N/A
RoleOfficer
SecurityPerformance Stock Units
Transaction codeA: Grant or award
Transaction dateFebruary 25, 2026
Filing dateFebruary 26, 2026
Shares owned after175,000
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") 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.; On February 25, 2026, the Reporting Person was granted a maximum number of 175,000 PSUs pursuant to a PSU Agreement, by and between the Reporting Person and the Issuer, dated as of February 25, 2026 (the "PSU Agreement"). The actual number of PSUs that shall vest and become unrestricted may range from 0 to 175,000 PSUs based on criteria described in footnote 6 to this Form 4, subject to the terms and conditions of the Plan and the PSU Agreement.; The target number of PSUs reported herein vest upon the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $20.00 to $30.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2028 or upon the occurrence of certain other events as provided in the PSU Agreement.

View the original Form 4 on SEC EDGAR