secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K/A
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001104659-24-007755
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality discloses CFO Eric Kalamaras departure terms; $814K severance plus equity vesting
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- CFO Eric Kalamaras departed Jan 22, 2024; severance paid in installments over 12 months.
- Severance payment of $814,507 equals one year base salary plus target bonus.
- COBRA premium reimbursement of $25,538; prorated 2024 bonus based on actual performance.
- Unvested equity awards continue to vest during the 12-month severance period.
- 2023 bonus paid at same time as other senior executives, no later than Mar 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000110465924007755/0001104659-24-007755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000110465924007755/tm244249d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-007755

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