Target Hospitality TH Insider Ownership

NASDAQ TH

$15.47 +0.15 (+0.98%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

91.00Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

32.08%

▼-18.06% pp QoQ

Shares Held by Insiders

32.15Mn

filed for Sep 2026

▼-36.01% QoQ

Shares Outstanding

100.21Mn

100,214,415 shares

Direct Holdings

3.24Mn

Indirect: 28.92Mn

Net Shares Traded (QoQ)

-18.10Mn

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

In the last 12 months, insiders at Target Hospitality made open-market purchases of $2.36 million (289.29K shares) and open-market sales of $202.7 million (11.04Mn shares).

By number of insiders, Target Hospitality saw 3 insiders buy and 2 insiders sell on the open market over the past 12 months.
Among Target Hospitality's insiders, the largest open-market purchases in the past 12 months were by Stephen Robertson (Director), totaling $1.99 million (270K shares), most recently on December 3, 2025.
On the sell side, TDR Capital II Investments LP (10% owner) led open-market sales of Target Hospitality stock over the past 12 months with $202.4 million (11Mn shares), most recently on October 1, 2026.
Away from the open market, TH insiders acquired 319.45K shares through option exercises and conversions and gave up 84.09K shares to cover taxes or exercise prices over the last 12 months.
Per Business Quant, TH insiders together hold 21.15Mn shares based on their latest Form 4 filings, down 57.91% from 50.25Mn shares at the end of Q2 2026.
Indirect holdings, through trusts, partnerships, family members and other entities, make up 84.70% (17.92Mn shares) of Target Hospitality's insider total, with the other 15.30% (3.24Mn shares) held directly.
TH's insider total is spread across 14 insiders who have filed a Form 4 in the past two years.
TH's three largest insider shareholders, per their latest Form 4 filings, are TDR Capital II Investments LP (10% owner, 16.23Mn shares), Stephen Robertson (Director, 2.15Mn shares) and James Bradley Archer (Director and CEO and President, 1.85Mn shares).
Of the shares held by TH insiders, 76.72% belong to TDR Capital II Investments LP.
Institutional investors held 50.58% of Target Hospitality stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 21.11%; other investors, including the public, hold roughly 28.31%.
Over the past 12 months, 16 insiders reported transactions in Target Hospitality stock in 40 Form 4 filings.
Insider figures for TH include Form 4 filings through October 5, 2026.

Form 4 Holdings

Insiders Holding TH

Insiders 21

Shares held 91.00Mn

Of outstanding 90.81%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Stephen Robertson	Director	64,788,005	1,706,516	66,494,521	73.1%	29 Sep, 2026
2	Capital Ii Investments Lp Tdr	TenPercentOwner	0	16,226,363	16,226,363	17.8%	05 Oct, 2026
3	James Bradley Archer	Director And Ceo And President	3,677,497	0	3,677,497	4.0%	16 Sep, 2026
4	Jeffrey Sagansky	Director	1,756,335	0	1,756,335	1.9%	22 May, 2023
5	Eli Baker	Director	924,941	0	924,941	1.0%	04 Jan, 2022
6	Troy C. Schrenk	Chief Commercial Officer	428,083	0	428,083	0.5%	18 Sep, 2026
7	Martin L. Jimmerson	Director	318,904	0	318,904	0.4%	26 May, 2026
8	Heidi Diane Lewis	Evp, General Counsel Sec	294,036	0	294,036	0.3%	03 Mar, 2026
9	Andrew P Studdert	Director	236,094	0	236,094	0.3%	04 Jan, 2022
10	Jason Paul Vlacich	Cfo	149,265	0	149,265	0.2%	03 Mar, 2026
11	Joy Anne Berry	Director	116,214	0	116,214	0.1%	22 May, 2023
12	Pamela H. Patenaude	Director	69,375	0	69,375	0.1%	26 May, 2026
13	Linda R Medler	Director	62,885	0	62,885	0.1%	26 May, 2026
14	John Travis Kelley	Evp Operations	53,084	0	53,084	0.1%	22 May, 2023
15	Barbara J Faulkenberry	Director	48,085	0	48,085	0.1%	21 Jun, 2023
16	Brendan Dowhaniuk	Evp, Strategy Corp. Dev.	43,233	0	43,233	0.0%	03 Mar, 2026
17	Alejandro Hernandez	Director	32,901	0	32,901	0.0%	26 May, 2026
18	Eric Kalamaras	Chief Financial Officer	30,480	0	30,480	0.0%	12 Oct, 2023
19	Mark Schuck	Svp, Finance Ir	28,774	0	28,774	0.0%	03 Mar, 2026
20	John C Dorman	Director	13,047	0	13,047	0.0%	27 May, 2025
21	Paul Hohnsbeen	Director	347	0	347	0.0%	26 May, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

980 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
01 Oct, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed S	11,000,000	$18.40	$202.40Mn	16,226,363	Indirect
25 Sep, 2026	Stephen Robertson	Director	Acquired J	78,150	—	—	210,147	Indirect
25 Sep, 2026	Stephen Robertson	Director	Acquired J	247,703	—	—	457,850	Indirect
25 Sep, 2026	Stephen Robertson	Director	Acquired J	146,741	—	—	765,001	Indirect
25 Sep, 2026	Stephen Robertson	Director	Acquired J	465,105	—	—	1,230,106	Indirect
25 Sep, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed J	2,652,046	$0.00	$0	27,226,363	Indirect
18 Sep, 2026	Troy C. Schrenk	Chief Commercial Officer	Acquired P	5,907	$21.16	$124.99K	216,995	Direct
15 Sep, 2026	James Bradley Archer	Director And Ceo And President	Acquired P	13,385	$18.69	$250.17K	1,845,441	Direct
10 Sep, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed J	16,100,000	$17.71	$285.13Mn	29,878,409	Indirect
04 Aug, 2026	Margaret Mary Smyth	Director	Acquired A	6,963	$0.00	$0	6,963	Direct
04 Aug, 2026	Erich Sanchack	Director	Acquired A	6,963	$0.00	$0	6,963	Direct
18 Jun, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed J	1,344,460	$0.00	$0	45,978,409	Indirect
17 Jun, 2026	Stephen Robertson	Director	Acquired J	31,667	—	—	109,051	Indirect
17 Jun, 2026	Stephen Robertson	Director	Acquired J	348,475	—	—	655,689	Indirect
28 May, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed J	1,203,134	$0.00	$0	55,372,869	Indirect
29 May, 2026	Capital Ii Investments Lp Tdr	TenPercentOwner	Disposed J	8,050,000	$16.36	$131.70Mn	47,322,869	Indirect
28 May, 2026	Stephen Robertson	Director	Acquired J	18,560	—	—	18,560	Indirect
28 May, 2026	Stephen Robertson	Director	Acquired J	58,824	—	—	77,384	Indirect
28 May, 2026	Stephen Robertson	Director	Acquired J	73,680	—	—	73,680	Indirect
28 May, 2026	Stephen Robertson	Director	Acquired J	233,534	—	—	307,214	Indirect

Showing 1 to 20 of 980 transactions