{"schema_version":"secwatch.filing_event.v1","accession":"0001712189-21-000040","form_type":"8-K","ticker":"TH","cik":"0001712189","company_name":"Target Hospitality Corp.","filed_at":"2021-12-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.796793+00:00","generated_at":"2026-06-28T02:07:02.494594+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Three directors resign; CEO, CFO, CCO employment agreements extended and severance enhanced","bullets":["Andrew Studdert, Eli Baker, Gary Lindsay resigned from board and committees effective Dec 6, 2021.","Board approved accelerated vesting of 38,462 RSUs for each departing director, effective Dec 31, 2021.","New committee members effective Jan 1, 2022: Jimmerson chairs Audit; Sagansky chairs Compensation; Patenaude chairs Nominating.","CEO Archer's term extended 36 months; severance set at 125% of base salary+target bonus if terminated without cause.","CEO change-of-control severance increased to 250% of base salary+target bonus plus health coverage for 18 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001712189-21-000040","json":"https://secwatch.observer/filing/0001712189-21-000040.json","markdown":"https://secwatch.observer/filing/0001712189-21-000040.md","text":"https://secwatch.observer/filing/0001712189-21-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/th8k_121021.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T02:07:02.494594+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3acdc8b399","claim":"Barbara Faulkenberry was appointed as Director at Target Hospitality Corp..","evidence_excerpt":"the Company’s board of directors (the “Board”) recently appointed Mses. Barbara Faulkenberry, Pamela Patenaude and Linda Medler, each with experience in government services, to the Board (effective January 1, 2022 in the case of Ms. Medler).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3ae54f5e80","claim":"Pamela Patenaude was appointed as Director at Target Hospitality Corp..","evidence_excerpt":"the Company’s board of directors (the “Board”) recently appointed Mses. Barbara Faulkenberry, Pamela Patenaude and Linda Medler, each with experience in government services, to the Board (effective January 1, 2022 in the case of Ms. Medler).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"430be85f74","claim":"Linda Medler was appointed as Director at Target Hospitality Corp..","evidence_excerpt":"the Company’s board of directors (the “Board”) recently appointed Mses. Barbara Faulkenberry, Pamela Patenaude and Linda Medler, each with experience in government services, to the Board (effective January 1, 2022 in the case of Ms. Medler).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"71b415d2d3","claim":"Andrew Studdert resigned as Director at Target Hospitality Corp..","evidence_excerpt":"on December 6, 2021, each of Messrs. Andrew Studdert, Eli Baker and Gary Lindsay resigned from their respective positions (i) as members of the Board and (ii) as members of the respective committees of the Board on which they served.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7b6f3d25f6","claim":"Eli Baker resigned as Director at Target Hospitality Corp..","evidence_excerpt":"on December 6, 2021, each of Messrs. Andrew Studdert, Eli Baker and Gary Lindsay resigned from their respective positions (i) as members of the Board and (ii) as members of the respective committees of the Board on which they served.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f3078fcfb1","claim":"Gary Lindsay resigned as Director at Target Hospitality Corp..","evidence_excerpt":"on December 6, 2021, each of Messrs. Andrew Studdert, Eli Baker and Gary Lindsay resigned from their respective positions (i) as members of the Board and (ii) as members of the respective committees of the Board on which they served.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}