Heidi D. Lewis - 15 Dec 2025 Form 4 Insider Report for Target Hospitality Corp. (TH)

Signature
Heidi D. Lewis
Issuer symbol
TH
Transactions as of
15 Dec 2025
Net transactions value
-$114,376
Form type
4
Filing time
17 Dec 2025, 16:30:09 UTC
Previous filing
19 Nov 2025
Next filing
22 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lewis Heidi Diane EVP, General Counsel & Sec 9320 LAKESIDE BLVD., STE 300, THE WOODLANDS Heidi D. Lewis 17 Dec 2025 0001765471

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TH Common Stock, par value $0.0001 per share Sale $114,376 -13,456 -8.7% $8.50 140,742 15 Dec 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale pursuant to 10b5-1 plan entered into on June 12, 2025.
F2 The price in column 4 is a weighted average price. The shares were sold on 12.15.2025 in multiple transactions at prices ranging $8.45 - $8.56, inclusive. The report person undertakes to provide Target Hospitality Corp. or staff at the Securities Exchange Commission, upon request, full information regarding set forth in this Footnote 2 to this Form 4.