Hahamski Cyril Jordanov 4

What Happened
Hahamski Cyril Jordanov, Chief Accounting Officer of Target Hospitality Corp. (TH), was granted 10,838 Restricted Stock Units (RSUs) on February 25, 2026. The RSUs were recorded as an award/derivative acquisition at $0.00 per unit (no cash purchase). Each RSU represents a contingent right to one share of common stock (or cash equivalent) upon vesting.

Key Details

• Transaction type: Award/Grant of RSUs (code A — derivative)
• Grant date / Period of report: February 25, 2026; Form 4 filed February 26, 2026 (timely within required reporting window)
• Number of RSUs granted: 10,838; recorded acquisition price: $0.00
• Vesting: Four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2027 (per RSU agreement and the 2019 Incentive Award Plan)
• Shares owned after transaction: Not specified in the information provided — see the Form 4 for total beneficial ownership
• Footnote: Each RSU converts to one share of common stock or cash equivalent upon vesting

Context
This is a compensation-related equity award, not an open-market purchase or sale. RSU grants are common for executive compensation; they only convert to shares (or cash) as they vest per the schedule and plan terms, so they are not an immediate indicator of personal buying/selling sentiment.