Earnings Feed
Start Free
Target Hospitality Corp.·4

Feb 26, 4:33 PM ET

Archer James Bradley 4

4 · Target Hospitality Corp. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

Updated

Target Hospitality (TH) CEO Archer Bradley Receives RSU Award

What Happened

  • Archer James Bradley, President and CEO of Target Hospitality Corp. (TH), had 62,292 restricted stock units (RSUs) vest on Feb 24, 2026. Of those, 24,511 shares were withheld to satisfy tax withholding at $6.67/share (≈ $163,488). The net shares delivered to him after withholding were 37,781.
  • On Feb 25, 2026, he received a new RSU award of 137,283 RSUs (no cash paid), which vest in four equal annual installments beginning Feb 25, 2027 under the company’s 2019 Incentive Award Plan.

Key Details

  • Transaction dates and specifics:
    • Feb 24, 2026: 62,292 RSUs vested (conversion/exercise of derivative). 24,511 shares were withheld (code F) at $6.67/share for taxes (~$163,488).
    • Feb 25, 2026: Grant of 137,283 RSUs (code A), $0 exercise price; vests in four equal annual installments starting Feb 25, 2027.
  • Shares after the transactions:
    • Net shares received from the Feb 24 vesting: 37,781 (62,292 vested − 24,511 withheld).
    • Unvested RSUs outstanding (per filing footnote): 137,283 (new grant) plus prior unvested grants totaling 327,546, for a combined 464,829 unvested RSUs.
  • Footnotes/other:
    • RSUs represent contingent rights to receive one share per RSU upon vesting (or cash equivalent).
    • Withholding is a routine tax-payment transaction (code F), not an open-market sale.
  • Filing timeliness:
    • Form 4 filed Feb 26, 2026 for transactions on Feb 24–25, 2026 — filed within the typical 2-business-day reporting window.

Context

  • These entries reflect RSU vesting (conversion of derivative awards) and routine tax withholding rather than a discretionary open-market sale or purchase. The Feb 25 award is a multi-year vesting equity grant; such grants are common for executive compensation and align future pay with continued service.
  • Transaction codes: M = exercise/conversion of derivative (RSU vesting), F = tax withholding, A = award/grant.

Insider Transaction Report

Form 4
Period: 2026-02-24
Target Hospitality Corp.TH
Archer James Bradley
DirectorDirector and CEO and President
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.0001 per share

    [F1]
    2026-02-24+62,292→ 1,806,901 total
  • Tax Payment

    Common Stock, par value $0.001 per share

    [F2]
    2026-02-24$6.67/sh−24,511$163,488→ 1,782,390 total
  • Award

    Restricted Stock Units

    [F1][F3][F4]
    2026-02-25+137,283→ 473,232 total
    → Common Stock (137,283 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-02-24−62,292→ 40,940 total
    → Common Stock (62,292 underlying)
Footnotes (4)
  • [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 62,292 RSUs on February 24, 2026. Stock price reflects closing stock price as of February 24, 2026
  • [F3]On February 25, 2026, the Reporting Person was granted 137,283 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2027, 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.
  • [F4]Total includes, in addition to 137,283 RSUs granted on February 25, 2026, unvested RSUs from the following grants: 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 Plan.
Signature
/s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of James B. Archer|2026-02-26

Documents

1 file
  • 4
    form4.xmlPrimary