Heidi D. Lewis - Sep 22, 2025 Form 4 Insider Report for Target Hospitality Corp. (TH)

Signature
/s/ Heidi D. Lewis
Stock symbol
TH
Transactions as of
Sep 22, 2025
Transactions value $
-$106,750
Form type
4
Date filed
9/24/2025, 04:30 PM
Previous filing
Jul 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lewis Heidi Diane EVP, General Counsel & Sec 9320 LAKESIDE BLVD., STE 300, THE WOODLANDS /s/ Heidi D. Lewis 2025-09-24 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 -$107K -12.3K -6.64% $8.71 172K Sep 22, 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. These shares were sold on 09.22.2025 in multiple transactions at prices ranging $8.49 - $8.79, inclusive. The reporting 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.