Jimmerson Martin L. 4

4 · Target Hospitality Corp. · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

Target Hospitality (TH) Director Martin L. Jimmerson Converts 16,061 RSUs, Receives 7,597 RSUs

What Happened

Martin L. Jimmerson, a director of Target Hospitality Corp. (TH), had a derivative conversion/exercise affecting 16,061 shares on May 21, 2026 and was also granted 7,597 Restricted Stock Units (RSUs) the same date.
The Form 4 shows the 16,061-share derivative conversion/exercise reported with $0.00 price (no cash amount reported) and a separate grant of 7,597 RSUs at $0.00. The filing does not report a cash sale of shares tied to the conversion.
These events appear to reflect the vesting/conversion of previously awarded RSUs and a new RSU award; purchases (cash outlay) were not reported.

Key Details

Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (appears later than the typical 2-business-day deadline).
Converted/exercised derivative: 16,061 shares; price shown as $0.00 on the filing (no cash value reported).
New award: 7,597 RSUs granted; price shown as $0.00.
Footnotes: F1 — each RSU equals a contingent right to receive one share (or cash) upon vesting. F2 — the 16,061 RSUs were originally granted May 22, 2025 and were subject to vesting (see footnote). F3 — the 7,597 RSUs were granted May 21, 2026 and vest later (see footnote).
Shares owned after the transactions: not disclosed on the provided summary of the Form 4.
Filing timeliness: filed 5 days after the reported transactions (may be late relative to the standard 2-business-day Form 4 rule).

Context

RSUs are contingent awards that convert into shares (or cash) upon vesting; the filing shows conversion/exercise activity for vested RSUs rather than an open-market purchase or sale.
No immediate open-market sale or cash proceeds are reported in this filing, so this is not a reported insider sale event.
These types of awards and vesting events are common for directors as part of compensation; they are informational rather than direct buy/sell signals.

Form 4

Period: 2026-05-21

Director

Transactions

Exercise/Conversion
Common Stock, par value $0.0001 per share
[F1]
2026-05-21+16,061→ 172,465 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-05-21−16,061→ 0 total
→ Common Stock (16,061 underlying)
Award
Restricted Stock Units
[F1][F3]
2026-05-21+7,597→ 7,597 total
→ Common Stock (7,597 underlying)

Footnotes (3)

[F1]Each Restricted Stock Unit 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]On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.
[F3]On May 21, 2026, the Reporting Person, was granted 7,597 Restricted Stock Units which vest in full on May 21, 2027 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors

Signature

/s/ Heidi D. Lewis, as Attorney in Fact on behalf of Martin Jimmerson|2026-05-26

1 file