TH

SEC source: 0001712189-25-000047 · form4.xml · nonDerivative · entry 1

Robertson Stephen · CIK 0001409360 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote 5,6,7

Disclosed balance after: 64,801,003

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · balance_after: Includes 175,000 shares of Common Stock owned directly by the Reporting Person following the Reported Transaction. The remaining shares of Common Stock beneficially owned following the Reported Transaction are held by MFA Global S.a r.l. ("MFA Global") and Arrow Holding S.a r.l ("Arrow").

F5 · ownership.nature: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow. Sapphire Holding S.a r.l. is the direct shareholder of Arrow and wholly owned by TDR Capital II Investments LP.

F6 · ownership.nature: MFA Holding S.a r.l. ("MFA Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with MFA Holdings and MFA Global, the "MFA Entities"), which is the controlling shareholder of MFA Global. TDR Capital II Investments LP, as the controlling shareholder of MFA Holdings, may be deemed the beneficial owner of the securities of the Issuer held by MFA Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and MFA Global. As a founding partner of TDR Capital LLP, Manjit Dale may be deemed the beneficial owner of such securities of the Issuer held by Arrow and MFA Holdings. As managing partners of TDR Capital LLP, Gary Lindsay and Thomas Mitchell may be deemed the beneficial owners of such securities of the Issuer held by Arrow and MFA Holdings.

F7 · ownership.nature: Each of TDR Capital II Investments LP, TDR Capital LLP, Manjit Dale, Gary Lindsay and Thomas Mitchell (the "TDR Persons") and Mr. Robertson may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons or Mr. Robertson are the beneficial owners of any of the securities reported herein.

SEC source: 0001712189-25-000045 · form4.xml · derivative · entry 2

DORMAN JOHN C · CIK 0001227539 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,965 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the 2025 annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement.

F2 · derivative.expiration_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the 2025 annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement.

SEC source: 0001712189-25-000045 · form4.xml · nonDerivative · entry 1

DORMAN JOHN C · CIK 0001227539 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,047

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001712189-25-000051 · form4.xml · derivative · entry 3

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,061

Underlying: Common Stock · 16,061 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · derivative.exercise_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

F3 · derivative.expiration_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

SEC source: 0001712189-25-000051 · form4.xml · derivative · entry 2

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,965 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 23, 2024, the Reporting Person, was granted 9.965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

F2 · derivative.expiration_date: On May 23, 2024, the Reporting Person, was granted 9.965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

SEC source: 0001712189-25-000051 · form4.xml · nonDerivative · entry 1

Jimmerson Martin L. · CIK 0001506689 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 156,404

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001712189-25-000053 · form4.xml · derivative · entry 3

HERNANDEZ ALEJANDRO · CIK 0001621235 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,061

Underlying: Common Stock · 16,061 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · derivative.exercise_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement.

F3 · derivative.expiration_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement.

SEC source: 0001712189-25-000053 · form4.xml · derivative · entry 2

HERNANDEZ ALEJANDRO · CIK 0001621235 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,965 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement.

F2 · derivative.expiration_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement.

SEC source: 0001712189-25-000053 · form4.xml · nonDerivative · entry 1

HERNANDEZ ALEJANDRO · CIK 0001621235 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,840

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001712189-25-000043 · form4.xml · derivative · entry 3

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,061

Underlying: Common Stock · 16,061 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · derivative.exercise_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

F3 · derivative.expiration_date: On May 22, 2025, the Reporting Person, was granted 16,061 Restricted Stock Units which vest in full on May 22, 2026 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Plan and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

SEC source: 0001712189-25-000043 · form4.xml · derivative · entry 2

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,965 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

F2 · derivative.expiration_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and award agreement. Subject to certain exception, vested shares will be delivered upon separation of service from the board of directors.

SEC source: 0001712189-25-000043 · form4.xml · nonDerivative · entry 1

Medler Linda R · CIK 0001727845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,824

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

SEC source: 0001712189-25-000022 · form4.xml · derivative · entry 4

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 65,863

Underlying: Common Stock · 6,538 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F3 · derivative.exercise_date: Total includes, in addition to 35,714 RSUs on February 27 2025, unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F3 · derivative.expiration_date: Total includes, in addition to 35,714 RSUs on February 27 2025, unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F3 · balance_after: Total includes, in addition to 35,714 RSUs on February 27 2025, unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000022 · form4.xml · nonDerivative · entry 2

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 156,085

F4 · price: Restricted stock units withheld for payment of tax liability upon vesting of 6,538 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting.

SEC source: 0001712189-25-000022 · form4.xml · nonDerivative · entry 1

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 157,676

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

SEC source: 0001712189-25-000018 · form4.xml · derivative · entry 5

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,542

Underlying: Common Stock · 11,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F5 · derivative.exercise_date: Total includes, in addition to 53,571 RSUs on February 27 2025, unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F5 · derivative.expiration_date: Total includes, in addition to 53,571 RSUs on February 27 2025, unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F5 · balance_after: Total includes, in addition to 53,571 RSUs on February 27 2025, unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000018 · form4.xml · nonDerivative · entry 2

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 92,402

F6 · price: Restricted stock units withheld for payment of tax liability upon vesting of 11,813 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting.

SEC source: 0001712189-25-000018 · form4.xml · nonDerivative · entry 1

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 95,278

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

SEC source: 0001712189-25-000020 · form4.xml · derivative · entry 4

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 103,472

Underlying: Common Stock · 11,098 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F3 · derivative.exercise_date: Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F3 · derivative.expiration_date: Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F3 · balance_after: Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000020 · form4.xml · nonDerivative · entry 2

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 158,105

F4 · price: Restricted stock units withheld for payment of tax liability upon vesting of 11,098 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting.

SEC source: 0001712189-25-000020 · form4.xml · nonDerivative · entry 1

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 160,806

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

SEC source: 0001712189-25-000016 · form4.xml · derivative · entry 5

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 335,949

Underlying: Common Stock · 39,476 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F5 · derivative.exercise_date: Total includes, in addition to 169,643 RSUs on February 27 2025, unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F5 · derivative.expiration_date: Total includes, in addition to 169,643 RSUs on February 27 2025, unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F5 · balance_after: Total includes, in addition to 169,643 RSUs on February 27 2025, unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000016 · form4.xml · nonDerivative · entry 2

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,592,984

F6 · price: Restricted stock units withheld for payment of tax liability upon vesting of 39,476 RSUs on March 1, 2025. Stock price reflects closing stock price as of February 28, 2025, the last trading day prior to vesting.

SEC source: 0001712189-25-000016 · form4.xml · nonDerivative · entry 1

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,608,517

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

SEC source: 0001712189-25-000024 · form4.xml · derivative · entry 1

Dowhaniuk Brendan · CIK 0002046130 · EVP, Strategy & Corp. Dev.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 48,960

Underlying: Common Stock · 31,250 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F2 · shares: On February 27, 2025, the Reporting Person was granted 31,250 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.exercise_date: On February 27, 2025, the Reporting Person was granted 31,250 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 27, 2025, the Reporting Person was granted 31,250 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F3 · balance_after: Total includes, in addition to 31,250 RSUs on February 27 2025, unvested RSUs from the following grants: 17,710 RSUs granted on December 2, 2024 which vest one year from the grant date. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000022 · form4.xml · derivative · entry 3

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,401

Underlying: Common Stock · 35,714 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F2 · shares: On February 27, 2025, the Reporting Person was granted 35,714 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.exercise_date: On February 27, 2025, the Reporting Person was granted 35,714 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 27, 2025, the Reporting Person was granted 35,714 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F3 · balance_after: Total includes, in addition to 35,714 RSUs on February 27 2025, unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000018 · form4.xml · derivative · entry 4

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 600,000

Underlying: Common Stock · 600,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F3 · shares: On February 27, 2025, the Reporting Person was granted a maximum number of 600,000 PSUs pursuant to a Performance-Based Restricted Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of February 27, 2025 (the "PSU Agreement"). The actual number of PSUs that shall vest and become unrestricted may range from 0 to 600,000 PSUs based on criteria described in footnote 4 to this Form 4, subject to the terms and conditions of the Plan and the PSU Agreement.

F4 · derivative.exercise_date: The target number of PSUs reported herein vest upon the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $20.00 to $30.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2028 or upon the occurrence of certain other events as provided in the PSU Agreement.

F4 · derivative.expiration_date: The target number of PSUs reported herein vest upon the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $20.00 to $30.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2028 or upon the occurrence of certain other events as provided in the PSU Agreement.

SEC source: 0001712189-25-000018 · form4.xml · derivative · entry 3

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 111,355

Underlying: Common Stock · 53,571 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F2 · shares: On February 27, 2025, the Reporting Person was granted 53,571 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.exercise_date: On February 27, 2025, the Reporting Person was granted 53,571 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 27, 2025, the Reporting Person was granted 53,571 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F5 · balance_after: Total includes, in addition to 53,571 RSUs on February 27 2025, unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000020 · form4.xml · derivative · entry 3

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 114,570

Underlying: Common Stock · 49,107 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F2 · shares: On February 27, 2025, the Reporting Person was granted 49,107 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.exercise_date: On February 27, 2025, the Reporting Person was granted 49,107 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 27, 2025, the Reporting Person was granted 49,107 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F3 · balance_after: Total includes, in addition to 49,107 RSUs on February 27 2025, unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000016 · form4.xml · derivative · entry 4

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,000,000

Underlying: Common Stock · 2,000,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F3 · shares: On February 27, 2025, the Reporting Person was granted a maximum number of 2,000,000 PSUs pursuant to a Performance-Based Restricted Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of February 27, 2025 (the "PSU Agreement"). The actual number of PSUs that shall vest and become unrestricted may range from 0 to 2,000,000 PSUs based on criteria described in footnote 4 to this Form 4, subject to the terms and conditions of the Plan and the PSU Agreement.

F4 · derivative.exercise_date: The target number of PSUs reported herein vest upon the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $20.00 to $30.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2028 or upon the occurrence of certain other events as provided in the PSU Agreement.

F4 · derivative.expiration_date: The target number of PSUs reported herein vest upon the Issuer's Common Stock achieving certain volume weighted average prices during any 60 consecutive calendar day period (the "Measurement Periods"). The actual number of PSUs earned are cumulative and may vary according to achievement of agreed Common Stock price targets ranging from $20.00 to $30.00 during each annual Measurement Period, pursuant to the PSU Agreement and subject to the terms and conditions of the Plan. The cumulative number of PSUs earned vest and become unrestricted on June 30, 2028 or upon the occurrence of certain other events as provided in the PSU Agreement.

SEC source: 0001712189-25-000016 · form4.xml · derivative · entry 3

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 375,415

Underlying: Common Stock · 169,643 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") or Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock") or its cash equivalent.

F2 · shares: On February 27, 2025, the Reporting Person was granted 169,643 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.exercise_date: On February 27, 2025, the Reporting Person was granted 169,643 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F2 · derivative.expiration_date: On February 27, 2025, the Reporting Person was granted 169,643 RSUs which vest in four equal annual installments on each of the first four anniversaries of the grant date beginning February 27, 2026, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan") and the RSU agreement entered into between the Issuer and the Reporting Person.

F5 · balance_after: Total includes, in addition to 169,643 RSUs on February 27 2025, unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000012 · form4.xml · derivative · entry 4

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,687

Underlying: Common Stock · 12,459 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

F4 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · balance_after: Total includes unvested RSUs from the following grants: 18,460 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000012 · form4.xml · nonDerivative · entry 3

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 151,138

F3 · price: Restricted stock units withheld for payment of tax liability upon vesting of 12,459 RSUs and 24,916 PSUs on February 24, 2025. Stock price reflects closing stock price as of February 24, 2025.

SEC source: 0001712189-25-000012 · form4.xml · nonDerivative · entry 2

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 160,238

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

SEC source: 0001712189-25-000012 · form4.xml · nonDerivative · entry 1

Lewis Heidi Diane · CIK 0001765471 · EVP, General Counsel & Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 147,759

F1 · kind: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock") were acquired for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 24, 2022 under the terms of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Award Agreement between the Reporting Person and the Issuer (the "PSU Award Agreement"). The number of PSUs that vest range from 0% to 150% of the Target Level (as defined in the PSU Agreement) depending upon the achievement of specified three-year cumulative operating cash flow amounts as determined based on the net cash flow from operations disclosed in the Issuer's Annual Reports on Form 10-K for the period from January 1, 2022 through December 31, 2024. The PSUs vested at 150% of the Target Level, resulting in a payout of 24,916 shares.

SEC source: 0001712189-25-000008 · form4.xml · derivative · entry 4

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,784

Underlying: Common Stock · 12,459 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

F4 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan, as amended.

F4 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan, as amended.

F4 · balance_after: Total includes unvested RSUs from the following grants: 39,557 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 7,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 49,834 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan, as amended.

SEC source: 0001712189-25-000008 · form4.xml · nonDerivative · entry 3

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 83,465

F3 · price: Restricted stock units withheld for payment of tax liability upon vesting of 12,459 RSUs and 24,916 PSUs on February 24, 2025. Stock price reflects closing stock price as of February 24, 2025.

SEC source: 0001712189-25-000008 · form4.xml · nonDerivative · entry 2

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 92,565

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

SEC source: 0001712189-25-000008 · form4.xml · nonDerivative · entry 1

Vlacich Jason Paul · CIK 0001763039 · CFO & CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,106

F1 · kind: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock") were acquired for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 24, 2022 under the terms of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Award Agreement between the Reporting Person and the Issuer (the "PSU Award Agreement"). The number of PSUs that vest range from 0% to 150% of the Target Level (as defined in the PSU Agreement) depending upon the achievement of specified three-year cumulative operating cash flow amounts as determined based on the net cash flow from operations disclosed in the Issuer's Annual Reports on Form 10-K for the period from January 1, 2022 through December 31, 2024. The PSUs vested at 150% of the Target Level, resulting in a payout of 24,916 shares.

SEC source: 0001712189-25-000006 · form4.xml · derivative · entry 4

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 205,772

Underlying: Common Stock · 62,292 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

F4 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · balance_after: Total includes unvested RSUs from the following grants: 100,211 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 57,692 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 249,169 RSUs granted on February 24, 2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000006 · form4.xml · nonDerivative · entry 3

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,569,041

F3 · price: Restricted stock units withheld for payment of tax liability upon vesting of 62,292 RSUs and 124,584 PSUs on February 24, 2025. Stock price reflects closing stock price as of February 24, 2025.

SEC source: 0001712189-25-000006 · form4.xml · nonDerivative · entry 2

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,642,575

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

SEC source: 0001712189-25-000006 · form4.xml · nonDerivative · entry 1

Archer James B. · CIK 0001763054 · Director · Director and CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,580,283

F1 · kind: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock") were acquired for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 24, 2022 under the terms of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Award Agreement between the Reporting Person and the Issuer (the "PSU Award Agreement"). The number of PSUs that vest range from 0% to 150% of the Target Level (as defined in the PSU Agreement) depending upon the achievement of specified three-year cumulative operating cash flow amounts as determined based on the net cash flow from operations disclosed in the Issuer's Annual Reports on Form 10-K for the period from January 1, 2022 through December 31, 2024. The PSUs vested at 150% of the Target Level, resulting in a payout of 124,584 shares.

SEC source: 0001712189-25-000010 · form4.xml · derivative · entry 4

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 65,463

Underlying: Common Stock · 24,917 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

F4 · derivative.exercise_date: Total includes unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · derivative.expiration_date: Total includes unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

F4 · balance_after: Total includes unvested RSUs from the following grants: 29,008 RSUs granted on February 29, 2024 which vest in four annual installments on each of the first four anniversaries of the grant date beginning on March 1, 2025; 15,385 RSUs granted on March 1, 2023, which vest in four equal installments on each of the first four anniversaries of the grant date beginning on March 1, 2024; and 99,668 RSUs granted on February 24,2022 which vest in four equal installments on each of the first four anniversaries of the grant date beginning on February 24, 2023. Awards are subject to the terms of the respective RSU award agreements and subject to the Plan.

SEC source: 0001712189-25-000010 · form4.xml · nonDerivative · entry 3

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 149,708

F3 · price: Restricted stock units withheld for payment of tax liability upon vesting of 24,917 RSUs and 49,834 PSUs on February 24, 2025. Stock price reflects closing stock price as of February 24, 2025.

SEC source: 0001712189-25-000010 · form4.xml · nonDerivative · entry 2

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 167,909

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of Common Stock or its cash equivalent.

SEC source: 0001712189-25-000010 · form4.xml · nonDerivative · entry 1

Schrenk Troy C. · CIK 0001763047 · SEVP, Operations & CCO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,992

F1 · kind: The shares of common stock of the Issuer, par value $0.0001 per share ("Common Stock") were acquired for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 24, 2022 under the terms of the Target Hospitality Corp. 2019 Incentive Award Plan, as amended (the "Plan"), and the PSU Award Agreement between the Reporting Person and the Issuer (the "PSU Award Agreement"). The number of PSUs that vest range from 0% to 150% of the Target Level (as defined in the PSU Agreement) depending upon the achievement of specified three-year cumulative operating cash flow amounts as determined based on the net cash flow from operations disclosed in the Issuer's Annual Reports on Form 10-K for the period from January 1, 2022 through December 31, 2024. The PSUs vested at 150% of the Target Level, resulting in a payout of 49,834 shares.

SEC source: 0001712189-24-000089 · form4.xml · derivative · entry 1

Dowhaniuk Brendan · CIK 0002046130 · EVP, Strategy & Corp. Dev.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,710

Underlying: Common Stock · 17,710 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On 12/02/2024, the Reporting Person, as a newly appointed Executive Officer to the Company, was granted 17,710 RSUs which vest in full on December 2, 2025, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and award agreement.

F2 · derivative.expiration_date: On 12/02/2024, the Reporting Person, as a newly appointed Executive Officer to the Company, was granted 17,710 RSUs which vest in full on December 2, 2025, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and award agreement.

SEC source: 0000950170-24-065132 · ownership.xml · derivative · entry 1

TDR Capital II Investments LP · CIK 0001771172 · 10% owner

Arrow Holdings S.a.r.l. · CIK 0001767017 · 10% owner

MFA Holding S.a.r.l. · CIK 0001766820 · 10% owner

MFA Limited Partnership SLP · CIK 0001765696 · 10% owner

MFA Global S.a.r.l. · CIK 0001766340 · 10% owner

TDR Capital LLP · CIK 0001408159 · 10% owner

Sapphire Holding S.a r.l. · CIK 0001723829 · 10% owner

Lindsay Gary · CIK 0001723793 · 10% owner

DALE MANJIT · CIK 0001113203 · 10% owner

Mitchell Thomas Andrew · CIK 0002024710 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Arrow Holdings S.a r.l.

Disclosed balance after: 12,998

Underlying: Common Stock · 12,998 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F3 · kind: Immediately following such grant, Mr. Robertson transferred the RSUs to Arrow Holdings S.a r.l. ("Arrow"). Upon transfer to Arrow, the RSUs vest in accordance with the same terms and conditions of the initial grant.

F2 · derivative.exercise_date: On May 23, 2024, Stephen Robertson was granted 12,998 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F2 · derivative.expiration_date: On May 23, 2024, Stephen Robertson was granted 12,998 RSUs which vest in full on the first anniversary of the grant date or, if earlier, the date of the first annual meeting of the stockholders of the Issuer following the grant date, subject to the terms and conditions of the previously disclosed Target Hospitality Corp. 2019 Incentive Award Plan and the award agreements entered into between the Issuer and Mr. Robertson. Subject to certain exceptions, vested shares will be delivered upon separation of service from the Board of Directors of the Issuer.

F4 · ownership.nature: As the controlling shareholder of Arrow, TDR Capital II Investments LP, may be deemed the beneficial owner of the securities of the Issuer held by Arrow. Sapphire Holding S.a r.l. is the direct shareholder of Arrow and wholly owned by TDR Capital II Investments LP.

F5 · ownership.nature: MFA Holding S.a r.l. ("MFA Holdings") is the controlling shareholder of MFA Limited Partnership SLP ("MFA SLP" and together with MFA Holdings and MFA Global S.a r.l. ("MFA Global"), the "MFA Entities"), which is the controlling shareholder of MFA Global. TDR Capital II Investments LP, as the controlling shareholder of MFA Holdings, may be deemed the beneficial owner of the securities of the Issuer held by MFA Global. As manager of TDR Capital II Investments LP, TDR Capital LLP may be deemed the beneficial owner of such securities of the Issuer held by Arrow and MFA Global. As a founding partner of TDR Capital LLP, Manjit Dale may be deemed the beneficial owner of such securities of the Issuer held by Arrow and MFA Holdings. As managing partners of TDR Capital LLP, Gary Lindsay and Thomas Mitchell may be deemed the beneficial owners of such securities of the Issuer held by Arrow and MFA Holdings.

F6 · ownership.nature: Each of TDR Capital II Investments LP, TDR Capital LLP, Manjit Dale, Gary Lindsay and Thomas Mitchell (the "TDR Persons") may be deemed the beneficial owner of all or a portion of the securities reported herein. Each of the TDR Persons disclaims beneficial ownership of the securities of the Issuer, except to the extent of its or his pecuniary interest therein. The filing of this report shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the TDR Persons are the beneficial owners of any of the securities reported herein.

SEC source: 0001712189-24-000075 · form4.xml · derivative · entry 1

PATENAUDE PAMELA H. · CIK 0001815221 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,965

Underlying: Common Stock · 9,965 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.

F2 · derivative.exercise_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the board of directors.

F2 · derivative.expiration_date: On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the board of directors.