---
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"
generated_at: "2026-06-28T02:07:02.494594+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Three directors resign; CEO, CFO, CCO employment agreements extended and severance enhanced

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712189-21-000040
- JSON: https://secwatch.observer/filing/0001712189-21-000040.json
- Plain text: https://secwatch.observer/filing/0001712189-21-000040.txt

## Key facts
- Executive change
  Barbara Faulkenberry was appointed as Director at Target Hospitality Corp..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm
- Executive change
  Pamela Patenaude was appointed as Director at Target Hospitality Corp..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm
- Executive change
  Linda Medler was appointed as Director at Target Hospitality Corp..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm
- Executive change
  Andrew Studdert resigned as Director at Target Hospitality Corp..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm
- Executive change
  Eli Baker resigned as Director at Target Hospitality Corp..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm
- Executive change
  Gary Lindsay resigned as Director at Target Hospitality Corp..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218921000040/0001712189-21-000040-index.htm

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