Vlacich Jason Paul 4
4 · Target Hospitality Corp. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Target Hospitality (TH) CFO Jason Vlacich Receives RSU Award
What Happened
- Jason Vlacich, Chief Financial Officer of Target Hospitality Corp. (TH), had 12,458 restricted stock units (RSUs) vest and convert into common shares on Feb 24, 2026. Of those vested shares, 3,033 were withheld to cover tax withholding at $6.67/share (proceeds ≈ $20,230), leaving a net delivery of 9,425 shares to Vlacich.
- On Feb 25, 2026, Vlacich was granted 43,353 new RSUs. These new RSUs vest in four equal annual installments beginning Feb 25, 2027 and are governed by the company’s 2019 Incentive Award Plan and the RSU agreement.
Key Details
- Transaction dates: Feb 24, 2026 (vesting/conversion and tax withholding); Feb 25, 2026 (RSU grant).
- Tax withholding: 3,033 shares withheld at $6.67/share → cash value ≈ $20,230 (code F = tax withholding).
- Grant: 43,353 RSUs (code A = award), vesting in four equal annual installments starting Feb 25, 2027.
- Vesting conversion: 12,458 RSUs vested and converted to shares (codes M for exercise/conversion).
- Shares/RSUs outstanding after transactions: total unvested RSUs reported = 144,173 (43,353 newly granted + 53,571 (2/27/2025) + 39,557 (2/29/2024) + 7,692 (3/1/2023)).
- Footnotes: RSUs represent contingent rights to receive one share of common stock (or cash equivalent) upon vesting. Awards subject to the Plan and individual RSU agreements.
- Filing timeliness: Form filed Feb 26, 2026 for transactions on Feb 24–25, 2026 (appears timely within the usual 2-business-day Form 4 window).
Context
- This was primarily an equity award and routine vesting event—not an open-market purchase or discretionary sale. The only disposition reported was the withholding of vested shares to satisfy tax obligations (a common administrative action).
- For retail investors: grants and vesting show executive compensation and future potential share dilution as RSUs convert to stock over time; they do not, by themselves, imply a buy/sell signal.
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
[F1]2026-02-24+12,458→ 133,229 total - Tax Payment
Common Stock, par value $0.0001 per share
[F2]2026-02-24$6.67/sh−3,033$20,230→ 130,196 total - Award
Restricted Stock Units
[F1][F3][F4]2026-02-25+43,353→ 142,895 total→ Common Stock (43,353 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-24−12,458→ 130,437 total→ Common Stock (12,458 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") 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.
- [F2]Restricted stock units withheld for payment of tax liability upon vesting of 12,458 RSUs on February 24, 2026. Stock price reflects closing stock price as of February 24, 2026.
- [F3]On February 25, 2026, the Reporting Person was granted 43,353 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2027, 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.
- [F4]Total includes, in addition to 43,353 RSUs granted on February 25, 2026, unvested RSUs from the following grants: 53,571 RSUs granted on February 27, 2025 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on February 27, 2026; 39,557 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; and 7,692 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. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan, as amended.
Signature
/s/ Heidi D. Lewis, as Attorneu-in-Fact on behalf of Jason Vlacich|2026-02-26