Lewis Heidi Diane 4

What Happened

• Heidi Diane Lewis, EVP, General Counsel & Secretary of Target Hospitality Corp. (TH), sold 9,000 shares on January 20, 2026. The weighted average sale price was $7.34, generating proceeds of $66,060. The shares were sold in multiple transactions at prices ranging $7.28–$7.52.

Key Details

• Transaction date: 2026-01-20 (filed on 2026-01-22).
• Transaction type/code: Sale (S) — open market/private sale; executed pursuant to a 10b5-1 trading plan (entered June 12, 2025).
• Price details: Weighted average $7.34; individual trades ranged $7.28–$7.52. (Filing notes the price shown is a weighted average and the filer can provide full trade-level details on request.)
• Total proceeds: $66,060.
• Shares owned after the transaction: Not disclosed in this filing.
• Filing timeliness: Reported within two business days of the transaction (no late filing indicated).

Context

• This was a sale executed under a pre-arranged 10b5-1 plan, which allows insiders to sell shares on a scheduled basis and is typically considered routine rather than a direct signal of changing insider sentiment. As a sale, it is less informative than a purchase for gauging insider confidence; factual details above should be used for any further analysis.