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Form 8-K

sec.gov

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)

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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

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