Form 8-K
8-K — Target Hospitality Corp.
Accession: 0001104659-26-056643
Filed: 2026-05-07
Period: 2026-05-05
CIK: 0001712189
SIC: 7000 (HOTELS, ROOMING HOUSE, CAMPS & OTHER LODGING PLACES)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — tm2613801d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2613801d1_ex99-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: tm2613801d1_8k.htm · Sequence: 1
false
0001712189
0001712189
2026-05-05
2026-05-05
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 5, 2026
TARGET HOSPITALITY CORP.
(Exact Name of Registrant as Specified in Its Charter)
001-38343
(Commission File Number)
Delaware
98-1378631
(State or Other Jurisdiction of Incorporation)
(I.R.S. Employer Identification No.)
9320 LAKESIDE BLVD., SUITE 300
THE WOODLANDS, Texas 77381
(Address of principal executive offices, including zip code)
(832) 709-2563
(Registrant’s telephone number, including
area code)
NOT APPLICABLE
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which
registered
Common stock, par value $0.0001 per share
TH
NASDAQ
Capital Market
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 5, 2026, the Board of Directors (the “Board”)
of Target Hospitality Corp. (the “Company”) appointed Paul Hohnsbeen, age 70, to serve as a member of the Board, effective
immediately until his current term expires as of the date of the Company’s 2027 Annual Meeting of Stockholders. Mr. Hohnsbeen will
serve as a member of the Nominating and Corporate Governance Committee of the Board and qualifies as an independent director under the
independence standards established by the Nasdaq Stock Market. The Company announced the appointment of Mr. Hohnsbeen in its May 7, 2026
press release, a copy of which is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
Mr. Hohnsbeen is a senior digital infrastructure
and real estate executive with more than three decades of experience operating at scale in capital-intensive, highly complex environments.
Since 2022, Mr. Hohnsbeen has served as Chief Operations Officer of Aligned Data Centers, where he plays a company-wide leadership role
supporting strategic planning, organizational development, and executive decision-making across design, construction, operations, real
estate, power strategy, and information technology. From 2016 to 2021, Mr. Hohnsbeen served as Vice President, IBX Operations Europe,
the Middle East and Africa at Equinix, where he oversaw operations across 16 countries. From 2013 to 2015, he served as Director, Business
Strategy, Engineering Excellence Group at Laing O’Rourke, and from 2010 to 2012 he served as Group Chief Operating Officer of Global
Switch. From 2009 to 2010, Mr. Hohnsbeen served as Executive Program Director at KEO International Consultants, and from 2002 to 2008
he held various executive positions at Lehman Brothers, including Executive Director, Private Equity Real Estate and Executive Director
and European Head, Corporate Real Estate. Earlier in his career, Mr. Hohnsbeen held senior real estate and program leadership roles at
Deutsche Bank, Morgan Stanley, Gregotti Associati International and Skidmore, Owings & Merrill. Mr. Hohnsbeen earned a Bachelor of
Arts in Architecture from the University of California, Berkeley.
Mr. Hohnsbeen will receive compensation for his
Board and committee memberships on the same basis as the Company’s other non-employee directors, as described in the Company’s
Definitive Proxy Statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission (the “Commission”)
on April 7, 2026. Mr. Hohnsbeen will also enter into the Company’s standard director and officer indemnification agreement,
the form of which was previously filed by the Company as Exhibit 10.6 to the Company’s Current Report on Form 8-K, filed with the
Commission on March 21, 2019.
There are no arrangements or understandings between
Mr. Hohnsbeen and any other persons pursuant to which he was appointed as a director. There are no transactions between Mr. Hohnsbeen
and the Company that would require disclosure pursuant to Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Exhibit Description
99.1
Press Release dated
May 7, 2026
104
Cover Page Interactive
Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly
authorized.
Target Hospitality Corp.
By:
/s/
Heidi D. Lewis
Dated: May 7, 2026
Name: Heidi D. Lewis
Title: Executive Vice President, General Counsel and
Secretary
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2613801d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Target Hospitality
Announces Board Appointment Focused on Advancing Strategic Growth Initiatives
THE WOODLANDS, Texas, May 7, 2026
(PRNewswire) - Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH),
one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced
the appointment of Paul Hohnsbeen to its Board of Directors, effective May 5, 2026. Mr. Hohnsbeen will serve as an independent director
and as a member of the Nominating and Corporate Governance Committee.
Mr. Hohnsbeen brings deep expertise across the
data center ecosystem, including real estate development, construction, energy infrastructure, and emerging AI-enabled workflows. His
experience will provide valuable insight as Target evaluates a growing pipeline of opportunities to strengthen its position in high-value
end markets.
“We are pleased to welcome Paul as a new
independent director to the Target Hospitality board. His extensive expertise will bring valuable perspective as we continue to expand
in strategic end markets, including AI-driven data center and related critical infrastructure development. His appointment reflects our
focus on high-growth end markets with strong structural demand, which we believe will drive durable long-term value creation,” stated
Brad Archer, President and Chief Executive Officer.
Mr. Hohnsbeen is a senior digital infrastructure
and real estate executive with more than three decades of experience operating at scale in capital-intensive, highly complex environments.
Since 2022, Mr. Hohnsbeen has served as Chief Operations Officer of Aligned Data Centers, where he plays a company-wide leadership role
supporting strategic planning, organizational development, and executive decision-making across design, construction, operations, real
estate, power strategy, and information technology. From 2016 to 2021, Mr. Hohnsbeen served as Vice President, IBX Operations Europe,
the Middle East and Africa at Equinix, where he oversaw operations across 16 countries. From 2013 to 2015, he served as Director, Business
Strategy, Engineering Excellence Group at Laing O’Rourke, and from 2010 to 2012 he served as Group Chief Operating Officer of Global
Switch. From 2009 to 2010, Mr. Hohnsbeen served as Executive Program Director at KEO International Consultants, and from 2002 to 2008
he held various executive positions at Lehman Brothers, including Executive Director, Private Equity Real Estate and Executive Director
and European Head, Corporate Real Estate. Earlier in his career, Mr. Hohnsbeen held senior real estate and program leadership roles at
Deutsche Bank, Morgan Stanley, Gregotti Associati International and Skidmore, Owings & Merrill. Mr. Hohnsbeen earned a Bachelor of
Arts in Architecture from the University of California, Berkeley.
About Target Hospitality
Target Hospitality is one of North America’s
largest providers of vertically integrated modular accommodations and value-added hospitality services 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 food service management, concierge, laundry, logistics, security and recreational facilities services.
Investor Contact
Mark Schuck
(832) 702 – 8009
ir@targethospitality.com
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 7
v3.26.1
Cover
May 05, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
May 05, 2026
Entity File Number
001-38343
Entity Registrant Name
TARGET HOSPITALITY CORP.
Entity Central Index Key
0001712189
Entity Tax Identification Number
98-1378631
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
9320 LAKESIDE BLVD.
Entity Address, Address Line Two
SUITE 300
Entity Address, City or Town
THE WOODLANDS
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
77381
City Area Code
832
Local Phone Number
709-2563
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common stock, par value $0.0001 per share
Trading Symbol
TH
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration