Troy C. Schrenk - Oct 3, 2023 Form 4 Insider Report for Target Hospitality Corp. (TH)

Role: Chief Commercial Officer
Signature: /s/ Heidi D. Lewis, as Attorney-in-Fact on behalf of Troy C. Schrenk
Stock symbol: TH
Transactions as of: Oct 3, 2023
Transactions value $: -$80,867
Form type: 4
Date filed: 10/5/2023, 04:33 PM
Previous filing: Sep 1, 2023
Next filing: Feb 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TH	Common Stock, par value $0.0001 per share	Sale	-$80.9K	-4.9K	-13.53%	$16.50	31.3K	Oct 3, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Sale pursuant to 10b5-1 plan entered into on January 6, 2023.