---
schema_version: "secwatch.filing_event.v1"
accession: "0001712189-24-000028"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T03:52:00.819768+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality enters amended employment agreements for CEO Archer and EVP/GC Lewis with extended terms through 2027

## Summary
- CEO Archer: base salary $850K, target bonus 133% of salary, LTIP equity target $1.9M; term through Dec 2027 with auto-renew.
- EVP/GC Lewis: base salary $375K, target bonus 75% of salary, LTIP equity target $350K; same term structure.
- Severance: Archer receives 125% of base+bonus on non-cause termination; change-in-control triggers 250% plus 18 months health coverage.
- New form 2024 Executive RSU and PSU agreements adopted; PSU vesting tied to TSR and Diversification EBITDA with 0-200% payout range.
- Lewis severance: 100% of base+bonus on non-cause termination; change-in-control provides 200% plus 18 months health coverage.

## SEC filing metadata
- accession: 0001712189-24-000028
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2024-03-05T23:59:59+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/1712189/000171218924000028/0001712189-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000028/th8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712189-24-000028
- JSON: https://secwatch.observer/filing/0001712189-24-000028.json
- Plain text: https://secwatch.observer/filing/0001712189-24-000028.txt

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