Changes in Beneficial Ownership · 4/A
Target Hospitality Corp.
THNASDAQEQUITYCurrent
Changes in Beneficial Ownership
Structured filing — 4/A
tm2626583-1_4aseq1.xml
Amendment · This filing reports the amendment as submitted.
Filing details
- Report period
- 2026-05-28
- Original submission
- 2026-06-01
- Issuer
- Target Hospitality Corp.
- Issuer CIK
- 0001712189
- Trading symbol
- TH
Reporting owner 1
- Name
- Robertson Stephen
- Reporting owner CIK
- 0001409360
- Relationship
- Director
- Address
- 9320 LAKESIDE BLVD., STE 300, THE WOODLANDS, TX, 77381
Non-derivative transactions
| Security | Transaction date | Code | Amount | A / D | Price (USD) | Owned after | Ownership | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share | 2026-05-28 | J · Form 4[F2] | 71,133 | A | [F2] | 71,133 | I | By Ball LP[F3][F4] |
| Common Stock, par value $0.0001 per share | 2026-05-28 | J · Form 4[F2] | 225,460 | A | [F2] | 296,593 | I | By Ball LP[F3][F4] |
Table key
- J · Form 4
- Other acquisition or disposition; see explanation
- A
- Acquired
- I
- Indirect
Non-derivative holdings
| Security | Amount owned | Ownership |
|---|---|---|
| Common Stock, par value $0.0001 per share | 465,950[F1] | D |
Table key
- D
- Direct
Footnotes
- F1
- The total number of shares of common stock of the Issuer, par value $0.0001 ("Common Stock") directly held by the Reporting Person was over-reported by 286,447 shares of Common Stock due to an inadvertent administrative error in the Reporting Person's Form 4 filed on May 26, 2026, and also were over-reported in subsequent Forms 4 filed by the Reporting Person. The Reporting Person's beneficial ownership has been corrected in this Form 4.↩ 1
- F2
- Represents an in-kind distribution of shares of Common Stock to partners or members of TDR Capital ("TDR"). The shares were acquired in connection with the election to receive Common Stock in lieu of cash proceeds, without additional consideration, following a secondary offering by MFA Global S.a r.l. ("MFA Global") and Arrow Holdings S.a r.l. ("Arrow"). TDR is the manager of the investment fund that is the ultimate beneficial owner of each of MFA Global and Arrow.↩ 1↩ 2↩ 3↩ 4
- F3
- The Reporting Person is the director and controlling stockholder of Halkin Private Capital Limited ("Halkin") and is deemed the ultimate beneficial owner of the shares of Common Stock held by Halkin. Halkin is a director and shareholder of Ball GP, the general partner to Ball LP, in which the Reporting Person is a limited partner and holds a 35.6% ownership interest.↩ 1↩ 2
- F4
- The Reporting Person may be deemed to beneficially own a certain number of the shares of Common Stock distributed to Ball LP in connection with the Offering. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by Ball LP, except to the extent of his pecuniary interest therein.↩ 1↩ 2
Remarks
This Form 4/A amends the Form 4 filed by the Reporting Person on June 1, 2026 (the "Original Form 4") solely to correct the number of shares of Common Stock distributed to Ball LP that the Reporting Person may be deemed to beneficially own, as represented in Column 4 and Column 5 of Table I with respect to the transactions dated May 28, 2026. The Original Form 4 inadvertently over-reported the number of shares of Common Stock that the Reporting Person may be deemed to beneficially own in connection with the in-kind distribution to Ball LP by 10,621 shares of Common Stock, in the aggregate.
Signature 1
- Signed
- /s/ Heidi D. Lewis, as Attorney in Fact on behalf of Stephen Robertson
- Date
- 2026-09-29
Company context
Target Hospitality is one of North America’s largest providers of vertically integrated specialty rental modular accommodations and full-service value-added hospitality solutions in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium catering and food services, maintenance, housekeeping, grounds-keeping, concierge, laundry services, logistics, security, recreational facilities services, community management, and community design and construction.