---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-019190"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T23:42:08.886142+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality extends ABL springing maturity to Mar 31; awards CEO 2M PSUs

## Summary
- Fourth and Fifth Amendments to ABL credit agreement pushed springing maturity date from March 15 to March 31, 2025 if 2025 Senior Secured Notes remain outstanding.
- Compensation Committee adopted new form RSU/PSU agreements and amended 2019 Incentive Plan to increase shares authorized, subject to shareholder approval.
- CEO James B. Archer granted 2,000,000 performance-stock units (PSUs) vesting June 30, 2028 based on stock price thresholds from $20 to $30 per share.
- CAO Jason Vlacich granted 600,000 PSUs on same terms; settlement in stock contingent on shareholder approval of share increase, else cash.

## SEC filing metadata
- accession: 0001104659-25-019190
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000110465925019190/0001104659-25-019190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000110465925019190/tm257886d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-019190
- JSON: https://secwatch.observer/filing/0001104659-25-019190.json
- Plain text: https://secwatch.observer/filing/0001104659-25-019190.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.