Schuck Mark 4

4 · Target Hospitality Corp. · Filed Mar 3, 2026

Form 4

Period: 2026-02-27

SVP, Finance & IR

Transactions

Exercise/Conversion
Common Stock, par value $0.0001 per share
[F1]
2026-02-27+2,679→ 27,356 total
Tax Payment
Common Stock, par value $0.0001 per share
[F2]
2026-02-27$7.79/sh−652$5,079→ 26,704 total
Exercise/Conversion
Common Stock, par value $0.0001 per share
[F1]
2026-03-01+1,582→ 28,286 total
Tax Payment
Common Stock, par value $0.0001 per share
[F2]
2026-03-01$7.79/sh−385$2,999→ 27,901 total
Exercise/Conversion
Common Stock, par value $0.0001 per share
[F1]
2026-03-01+1,154→ 29,055 total
Tax Payment
Common Stock, par value $0.0001 per share
[F1]
2026-03-01$7.79/sh−281$2,189→ 28,774 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-27−2,679→ 23,759 total
→ Common Stock (2,679 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-03-01−1,582→ 22,177 total
→ Common Stock (1,582 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-03-01−1,154→ 21,023 total
→ Common Stock (1,154 underlying)

Footnotes (3)

[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 2,679 RSUs on February 27, 2026 and 2,736 RSUs on March 1, 2026. Stock price reflects closing stock price as of February 27, 2026 the last trading day prior to vesting.
[F3]Total includes unvested RSUs from the following grants: 8,671 RSUs granted on February 25, 2026 which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 25, 2027; 10,714 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; 6,329 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 4,615 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 Target Hospitality Corp. 2019 Incentive Award Plan, as amended.

Signature

/s/ Heidi D. Lewis, as Attorney in Fact on behalf of Mark Schuck|2026-03-03

Documents

1 file