Key facts
- This page summarizes James B. Archer's Form 4 filing for Target Hospitality Corp. (TH).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2025, 16:58.
James B. Archer - 27 Feb 2025 Form 4 Insider Report for Target Hospitality Corp. (TH)
- Reporting relationship
- Director and CEO and President, Director
- Issuer ticker
- TH
- Reported as of
- 27 Feb 2025
- Net transaction value
- -$87,140
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2025, 16:58:01 UTC
- Prior SEC filing
- 26 Feb 2025
- Next SEC filing
- 02 Jul 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of James B. Archer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
James B. Archer filed Form 4 for Target Hospitality Corp. (TH) on 03 Mar 2025.
Change
- Previous filing in this sequence was filed on 26 Feb 2025.
- Current net transaction value: -$87,140.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TH
transaction
Common Stock, par value $0.0001 per share
Options Exercise
- Transaction value
- Shares
- +39,476
- Change %
- +2.5%
- Price
- Shares after
- 1,608,517
- Date
- 01 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
TH
transaction
Common Stock, par value $0.0001 per share
Tax liability
- Transaction value
- $87,140
- Shares
- -15,533
- Change %
- -0.97%
- Price
- $5.61
- Shares after
- 1,592,984
- Date
- 01 Mar 2025
- Ownership
- Direct
- Footnotes
- F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TH
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +169,643
- Change %
- +82%
- Price
- $0.000000
- Shares after
- 375,415
- Date
- 27 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 169,643
- Exercise price
- Footnotes
- F1, F2, F5
TH
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- $0
- Shares
- +2,000,000
- Change %
- Price
- $0.000000
- Shares after
- 2,000,000
- Date
- 27 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,000,000
- Exercise price
- Footnotes
- F1, F3, F4
TH
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -39,476
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 335,949
- Date
- 01 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 39,476
- Exercise price
- Footnotes
- F1, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
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.
Footnote F2
On February 27, 2025, the Reporting Person was granted 169,643 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.
Footnote F3
On February 27, 2025, the Reporting Person was granted a maximum number of 2,000,000 PSUs pursuant to a Performance-Based Restricted Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of February 27, 2025 (the "PSU Agreement"). The actual number of PSUs that shall vest and become unrestricted may range from 0 to 2,000,000 PSUs based on criteria described in footnote 4 to this Form 4, subject to the terms and conditions of the Plan and the PSU Agreement.
Footnote F4
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.
Footnote F5
Total includes, in addition to 169,643 RSUs on February 27 2025, unvested RSUs from the following grants: 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; 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; and 249,169 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.
Footnote F6
Restricted stock units withheld for payment of tax liability upon vesting of 39,476 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting.