Form 4: Director Granted Restricted Stock Units
Statement of Changes in Beneficial Ownership
Paul Hohnsbeen, a newly appointed director of Target Hospitality Corp., received a grant of 347 Restricted Stock Units (RSUs) vesting on May 21, 2026.
Summary
- Paul Hohnsbeen, a new director at Target Hospitality Corp., was granted 347 Restricted Stock Units (RSUs) on May 5, 2026.
- These RSUs are set to vest in full on May 21, 2026.
- Each RSU represents a contingent right to receive one share of the company's common stock or its cash equivalent upon vesting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard compensation event for a new director rather than significant financial or strategic news.
Positives
- Grant of RSUs to a new director indicates an incentive for engagement and alignment with shareholder value.
- The vesting schedule provides a clear timeframe for the director's commitment.
Future Outlook
The filing does not contain forward-looking statements or guidance regarding future financial performance. It solely reports a stock grant to a director.
Industry Context
StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) to new directors is a common practice across the hospitality and services industries to align executive and director compensation with long-term company performance and shareholder interests.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | N/A | Paul Hohnsbeen | 05/05/2026 | Appointment to the Board of Directors |
Stakeholder Impact
- Shareholders: The grant of RSUs to a director is a standard compensation practice that aligns director interests with long-term company performance. The number of shares involved is relatively small in the context of total outstanding shares.
Next Steps
- Vesting of 347 RSUs on May 21, 2026.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Date of earliest transaction and grant of Restricted Stock Units. |
| 05/21/2026 | Vesting date for the granted Restricted Stock Units. |
| 05/07/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Target Hospitality Corp., Paul Hohnsbeen, Director, Restricted Stock Units, RSUs, Stock Grant, Vesting, Beneficial Ownership
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