James B. Archer - 30 Jun 2025 Form 4 Insider Report for Target Hospitality Corp. (TH)

Reporting relationship: Director and CEO and President, Director
Issuer ticker: TH
Reported as of: 30 Jun 2025
Net transaction value: -$700,430
SEC form: 4
Accepted by SEC: 02 Jul 2025, 15:04:02 UTC
Prior SEC filing: 03 Mar 2025
Next SEC filing: 26 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Heidi D. Lewis, as Attorney in Fact on behalf of James B. Archer

Key filing fact

James B. Archer filed Form 4 for Target Hospitality Corp. (TH) on 02 Jul 2025.

Key facts

This page summarizes James B. Archer's Form 4 filing for Target Hospitality Corp. (TH).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Jul 2025, 15:04.

Change

Previous filing in this sequence was filed on 03 Mar 2025.
Current net transaction value: -$700,430.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001763054 Primary reporting owner

Archer James Bradley

Relationship: Director and CEO and President, Director
Address: 9320 LAKESIDE BLVD., STE 300, THE WOODLANDS
Signature: /s/ Heidi D. Lewis, as Attorney in Fact on behalf of James B. Archer
Signature date: 02 Jul 2025

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: +250,000
Change %: +16%
Price
Shares after: 1,842,984
Date: 30 Jun 2025
Ownership: Direct
Footnotes: F1

TH transaction

Common Stock, par value $0.0001 per share

Tax liability

Transaction value: $700,430
Shares: -98,375
Change %: -5.3%
Price: $7.12
Shares after: 1,744,609
Date: 30 Jun 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TH transaction Derivative

Performance Based Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -250,000
Change %: -50%
Price: $0.000000
Shares after: 250,000
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 250,000
Exercise price
Footnotes: F1, F2, F3

TH transaction Derivative

Performance Based Resstricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -250,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 250,000
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each 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 May 24, 2022, the Reporting Person was granted a maximum number of 500,000 PSUs pursuant to a Performance-Based Restricted Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of May 24, 2022 (the "PSU Agreement"). The actual number of PSUs that vested and became unrestricted was based on criteria described in footnote 3 to this Form 4, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Agreement.

Footnote F3

The cumulative number of PSUs reported herein vested and became unrestricted on June 30, 2025 based on the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The number of PSUs earned are cumulative and based on the achievement of agreed Common Stock price targets ranging from $12.50 to $20.00 during each annual Measurement Period pursuant to the PSU Agreement and subject to the terms and conditions of the Plan.