Target Hospitality (TH) Director Erich Sanchack Receives RSU Award

What Happened

• Erich Sanchack, a newly appointed director of Target Hospitality Corp. (TH), was granted 6,963 restricted stock units (RSUs) on August 4, 2026. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 cash consideration. The RSUs vest in full on May 20, 2027 under the company’s 2019 Incentive Award Plan and the related award agreement.
• This is an equity compensation award (not an open-market purchase or sale) and does not reflect an immediate cash transaction or sale of shares.

Key Details

• Transaction date: August 4, 2026; Filing date: August 6, 2026 (Form 4 accession 0001712189-26-000056).
• Transaction type/code: Award/Grant (A); reported acquisition: 6,963 RSUs at $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: Each RSU represents a contingent right to receive one share of common stock (or its cash equivalent) upon vesting. Grant was made as part of Sanchack’s appointment to the board and vests in full on May 20, 2027.
• Timeliness: Filed two days after the grant; appears to be within the standard 2-business-day Form 4 reporting window.

Context

• RSUs are a form of deferred compensation: they create a future right to shares (or cash) if and when they vest. This award signals director compensation, which is routine for new board members and not the same signal as an insider purchase.