Changes in Beneficial Ownership · 4
Target Hospitality Corp.
THNASDAQEQUITYCurrent
Changes in Beneficial Ownership
Structured filing — 4
tm2626583-3_4seq1.xml
Filing details
- Report period
- 2026-09-25
- 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 | 2026-09-25 | J · Form 4[F1] | 78,150 | A | [F1] | 210,147 | I | By Halkin Private Capital Limited[F2][F3] |
| Common Stock, par value $0.0001 per share | 2026-09-25 | J · Form 4[F1] | 247,703 | A | [F1] | 457,850 | I | By Halkin Private Capital Limited[F2][F3] |
| Common Stock, par value $0.0001 per share | 2026-09-25 | J · Form 4[F1] | 146,741 | A | [F1] | 765,001 | I | By Ball LP[F2][F3] |
| Common Stock, par value $0.0001 per share | 2026-09-25 | J · Form 4[F1] | 465,105 | A | [F1] | 1,230,106 | I | By Ball LP[F2][F3] |
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 | D |
Table key
- D
- Direct
Footnotes
- F1
- Represents an in-kind distribution of shares of common stock of the Issuer, par value $0.0001 ("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↩ 5↩ 6↩ 7↩ 8
- F2
- 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↩ 3↩ 4
- F3
- The Reporting Person may be deemed to beneficially own shares of Common Stock distributed to Halkin and 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 each of Halkin and Ball LP, except to the extent of his pecuniary interest therein.↩ 1↩ 2↩ 3↩ 4
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.