Target Hospitality Corp. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Lewis Heidi Diane | EVP, General Counsel & Sec | Sale | 13,456 | $8.50 | $114,376 | 140,742 | Dec 15, 2025 |
| Robertson Stephen | — | Purchase | 125,000 | $7.94 | $992,500 | 445,000 | Dec 3, 2025 |
| Dowhaniuk Brendan | EVP, Strategy & Corp. Dev. | Option Exercise | 17,710 | — | — | 17,710 | Dec 2, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Sale | 9,000 | $6.70 | $60,300 | 154,198 | Nov 17, 2025 |
| Robertson Stephen | — | Purchase | 145,000 | $6.85 | $993,250 | 320,000 | Nov 17, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Sale | 9,000 | $7.09 | $63,810 | 163,198 | Oct 20, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Sale | 12,256 | $8.71 | $106,750 | 172,198 | Sep 22, 2025 |
| Schrenk Troy C. | SEVP, Operations & CCO | Sale | 49,344 | $8.58 | $423,372 | 174,553 | Sep 18, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Tax Withholding | 9,131 | $7.12 | $65,013 | 184,454 | Jun 30, 2025 |
| Schrenk Troy C. | SEVP, Operations & CCO | Option Exercise | 100,000 | — | — | 258,105 | Jun 30, 2025 |
| Vlacich Jason Paul | CFO & CAO | Option Exercise | 37,500 | — | — | 129,902 | Jun 30, 2025 |
| Archer James Bradley | Director and CEO and President | Option Exercise | 250,000 | — | — | 1,842,984 | Jun 30, 2025 |
| MFA Holding S.a.r.l. | — | Option Exercise | 12,998 | — | — | 64,626,003 | May 22, 2025 |
| HERNANDEZ ALEJANDRO | — | Option Exercise | 9,965 | — | — | 16,840 | May 22, 2025 |
| Jimmerson Martin L. | — | Option Exercise | 9,965 | — | — | 156,404 | May 22, 2025 |
| PATENAUDE PAMELA H. | — | Option Exercise | 9,965 | — | — | 53,314 | May 22, 2025 |
| Robertson Stephen | — | Option Exercise | 12,998 | — | — | 64,801,003 | May 22, 2025 |
| DORMAN JOHN C | — | Option Exercise | 9,965 | — | — | 13,047 | May 22, 2025 |
| Medler Linda R | — | Option Exercise | 9,965 | — | — | 46,824 | May 22, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Option Exercise | 6,538 | — | — | 157,676 | Mar 1, 2025 |
| Schrenk Troy C. | SEVP, Operations & CCO | Tax Withholding | 2,701 | $5.61 | $15,153 | 158,105 | Mar 1, 2025 |
| Vlacich Jason Paul | CFO & CAO | Option Exercise | 11,813 | — | — | 95,278 | Mar 1, 2025 |
| Archer James B. | Director and CEO and President | Option Exercise | 39,476 | — | — | 1,608,517 | Mar 1, 2025 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Option Exercise | 12,459 | — | — | 160,238 | Feb 24, 2025 |
| Schrenk Troy C. | SEVP, Operations & CCO | Award / Grant | 49,834 | — | — | 142,992 | Feb 24, 2025 |
| Vlacich Jason Paul | CFO & CAO | Option Exercise | 12,459 | — | — | 92,565 | Feb 24, 2025 |
| Archer James B. | Director and CEO and President | Award / Grant | 124,584 | — | — | 1,580,283 | Feb 24, 2025 |
| MFA Holding S.a.r.l. | — | Option Exercise | 10,288 | — | — | 64,613,005 | May 18, 2024 |
| MFA Holding S.a.r.l. | — | Option Exercise | 10,288 | — | — | 64,613,005 | May 18, 2024 |
| PATENAUDE PAMELA H. | — | Option Exercise | 7,888 | — | — | 43,349 | May 18, 2024 |
| Medler Linda R | — | Option Exercise | 7,888 | — | — | 36,859 | May 18, 2024 |
| Jimmerson Martin L. | — | Option Exercise | 7,888 | — | — | 146,439 | May 18, 2024 |
| DORMAN JOHN C | — | Option Exercise | 3,082 | — | — | 3,082 | May 18, 2024 |
| HERNANDEZ ALEJANDRO | — | Option Exercise | 6,875 | — | — | 6,875 | May 18, 2024 |
| Robertson Stephen | — | Option Exercise | 10,288 | — | — | 64,788,005 | May 18, 2024 |
| Vlacich Jason Paul | CFO & CAO | Disposition | 54,348 | $10.71 | $582,067 | 55,190 | Apr 12, 2024 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Disposition | 54,348 | $10.90 | $592,393 | 122,863 | Apr 9, 2024 |
| Schrenk Troy C. | SEVP, Operations & CCO | Disposition | 108,695 | $10.90 | $1,184,776 | 93,158 | Apr 9, 2024 |
| Archer James B. | President, CEO, and Director | Disposition | 217,739 | $10.91 | $2,375,532 | 1,455,699 | Apr 4, 2024 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Tax Withholding | 1,303 | $9.07 | $11,818 | 122,863 | Mar 4, 2024 |
| Schrenk Troy C. | SEVP, Operations & CCO | Option Exercise | 5,353 | — | — | 94,461 | Mar 4, 2024 |
| Vlacich Jason Paul | CFO & CAO | Tax Withholding | 1,303 | $9.07 | $11,818 | 55,190 | Mar 4, 2024 |
| Archer James B. | Director and CEO and President | Tax Withholding | 10,532 | $9.07 | $95,525 | 1,455,699 | Mar 4, 2024 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Tax Withholding | 468 | $9.60 | $4,493 | 118,813 | Mar 1, 2024 |
| Vlacich Jason Paul | CFO & CAO | Tax Withholding | 468 | $9.60 | $4,493 | 51,140 | Mar 1, 2024 |
| Schrenk Troy C. | SEVP, Operations & CCO | Option Exercise | 3,847 | — | — | 90,044 | Mar 1, 2024 |
| Archer James B. | Director and CEO and President | Tax Withholding | 5,675 | $9.60 | $54,480 | 1,439,465 | Mar 1, 2024 |
| Schrenk Troy C. | SEVP, Operations & CCO | Tax Withholding | 11,595 | $9.41 | $109,109 | 86,197 | Feb 25, 2024 |
| Lewis Heidi Diane | EVP, General Counsel & Sec | Tax Withholding | 5,797 | $9.41 | $54,550 | 117,358 | Feb 24, 2024 |
| Vlacich Jason Paul | CFO & CAO | Option Exercise | 12,458 | — | — | 34,706 | Feb 24, 2024 |