← United States · Coverage record
US · SEC FORM 4
Target Hospitality Corp.
TH · Nasdaq · CIK 0001712189 · Consumer Cyclical · Specialty Business Services
INSIDER SIGNAL
No active buy signal
2 qualifying P purchase groups
in the current 180-day scoring window
31 Form 4 transaction lines observed in the same window
1 sales · 28 option, withholding, award, gift or other lines
Last qualifying purchase2026-09-18 · Schrenk Troy C. · $125.0K
WHY NO ACTIVE SIGNAL?
Purchase activityPresent
Recent buying2 qualifying line group(s)
Recent salesLow
Buy signal statusInactive
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
ClusterNot calculated
Purchase sizeNot calculated
RoleNot calculated
RecencyNot calculated
ConvictionNot calculated
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
AprMayJunJulAugSepOct
Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLPTenPercentOwner
○○○○○○▼
Robertson StephenDirector
○○○○○○○
PATENAUDE PAMELA H.Director
○
Medler Linda RDirector
○
Jimmerson Martin L.Director
○
Hohnsbeen PaulDirector
○
● Purchase▼ Sale○ Other
Showing the six most active owners; 3 additional owner(s) remain in Form 4 evidence.
Purchase breadth & concentration
QUALIFYING BUYERS2
PURCHASE CONCENTRATION67%Largest buyer: Archer James Bradley · $250.2K
CLUSTER BUYING · 15D2 insidersPeak activity: 2026-09-15–2026-09-18
Roles in the peak window: Chief Commercial Officer, Director and CEO and President. Concentration uses priced qualifying P lines only and does not change the saved score.
SIGNAL HISTORY
No recorded active-signal snapshot
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2026-09-18 · Schrenk Troy C..
Recent Form 4 activity
4Purchases
5Sales
70Other Form 4 lines
37SEC filings · 365 days
BUYING2 qualifying P line(s) · 180 days
SELLING1 sale line(s) · context only
OTHER28 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 3,684,756
- Previous report
- 3,818,331
- Avg daily volume
- 2,125,798
- Days to cover
- 1.7
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-18 | Schrenk Troy C. | Purchase (P) | Common Stock, par value $0.001 per share | 5,907 | USD 21.16 | USD 124,992 | SEC filing ↗ |
| 2026-09-15 | Archer James Bradley | Purchase (P) | Common Stock, par value $0.001 per share | 13,385 | USD 18.69 | USD 250,166 | SEC filing ↗ |
| 2025-12-03 | Robertson Stephen | Purchase (P) | Common Stock, par value $0.0001 per share | 125,000 | USD 7.94 | USD 992,500 | SEC filing ↗ |
| 2025-11-17 | Robertson Stephen | Purchase (P) | Common Stock, par value $0.0001 per share | 145,000 | USD 6.85 | USD 993,250 | SEC filing ↗ |
| 2022-12-28 | Schrenk Troy C. | Purchase (P) | Common Stock, par value $0.0001 per share | 4,609 | USD 14.77 | USD 68,075 | SEC filing ↗ |
| 2022-12-22 | PATENAUDE PAMELA H. | Purchase (P) | Common Stock, par value $0.0001 per share | 956 | USD 15.67 | USD 14,981 | SEC filing ↗ |
| 2022-03-15 | Kelley John Travis | Purchase (P) | Common Stock, par value $0.0001 per share | 3,400 | USD 6.01 | USD 20,434 | SEC filing ↗ |
| 2022-03-14 | Archer James B. | Purchase (P) | Common Stock, par value $0.0001 per share | 35,676 | USD 5.60 | USD 199,786 | SEC filing ↗ |
| 2021-08-20 | STUDDERT ANDREW P | Purchase (P) | Common Stock, par value $0.0001 per share | 10,000 | USD 3.48 | USD 34,800 | SEC filing ↗ |
| 2021-08-16 | SAGANSKY JEFFREY | Purchase (P) | Common Stock, par value $0.0001 per share | 97,143 | USD 3.39 | USD 329,315 | SEC filing ↗ |
| 2020-06-04 | Schrenk Troy C. | Purchase (P) | Common Stock, par value $0.0001 per share | 8,200 | USD 2.45 | USD 20,090 | SEC filing ↗ |
| 2020-03-16 | STUDDERT ANDREW P | Purchase (P) | Common Stock, par value $0.0001 per share | 45,653 | USD 1.64 | USD 74,871 | SEC filing ↗ |
Form 4 evidence
79 transaction lines in the latest 365-day window; 485 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | Sale (S) | Common Stock, par value $0.0001 per share | 11,000,000 | USD 18.40 | USD 202,400,000 | SEC filing ↗ |
| 2026-09-25 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 937,699 | USD — | USD — | SEC filing ↗ |
| 2026-09-25 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 2,652,046 | USD 0.00 | USD 0 | SEC filing ↗ |
Show recent Form 4 evidence (30 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | Sale (S) | Common Stock, par value $0.0001 per share | 11,000,000 | USD 18.40 | USD 202,400,000 | SEC filing ↗ |
| 2026-09-25 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 937,699 | USD — | USD — | SEC filing ↗ |
| 2026-09-25 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 2,652,046 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-09-18 | Schrenk Troy C. | Purchase (P) | Common Stock, par value $0.001 per share | 5,907 | USD 21.16 | USD 124,992 | SEC filing ↗ |
| 2026-09-15 | Archer James Bradley | Purchase (P) | Common Stock, par value $0.001 per share | 13,385 | USD 18.69 | USD 250,166 | SEC filing ↗ |
| 2026-09-10 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 16,100,000 | USD 17.71 | USD 285,131,000 | SEC filing ↗ |
| 2026-06-18 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 376,280 | USD — | USD — | SEC filing ↗ |
| 2026-06-18 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 1,344,460 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-06-17 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 380,142 | USD — | USD — | SEC filing ↗ |
| 2026-05-29 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 8,050,000 | USD 16.36 | USD 131,698,000 | SEC filing ↗ |
| 2026-05-28 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 296,593 | USD — | USD — | SEC filing ↗ |
| 2026-05-28 | Robertson Stephen | J (J) | Common Stock, par value $0.0001 per share | 366,038 | USD — | USD — | SEC filing ↗ |
| 2026-05-28 | Robertson Stephen | J (J) | Common Stock | 18,560 | USD — | USD — | SEC filing ↗ |
| 2026-05-28 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 1,203,134 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-05-21 | Robertson Stephen | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 20,950 | USD — | USD — | SEC filing ↗ |
| 2026-05-21 | PATENAUDE PAMELA H. | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 16,061 | USD — | USD — | SEC filing ↗ |
| 2026-05-21 | Medler Linda R | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 16,061 | USD — | USD — | SEC filing ↗ |
| 2026-05-21 | Jimmerson Martin L. | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 16,061 | USD — | USD — | SEC filing ↗ |
| 2026-05-21 | Hohnsbeen Paul | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 347 | USD — | USD — | SEC filing ↗ |
| 2026-05-21 | HERNANDEZ ALEJANDRO | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 16,061 | USD — | USD — | SEC filing ↗ |
| 2026-04-23 | Arrow Holdings S.a.r.l.; DALE MANJIT; Lindsay Gary; MFA Global S.a.r.l.; MFA Holding S.a.r.l.; MFA Limited Partnership SLP; Mitchell Thomas Andrew; Sapphire Holding S.a r.l.; TDR Capital II Investments LP; TDR Capital LLP | J (J) | Common Stock, par value $0.0001 per share | 8,050,000 | USD 13.27 | USD 106,823,500 | SEC filing ↗ |
| 2026-03-01 | Vlacich Jason Paul | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 11,812 | USD — | USD — | SEC filing ↗ |
| 2026-03-01 | Vlacich Jason Paul | Tax withholding (F) | Common Stock, par value $0.0001 per share | 2,875 | USD 7.79 | USD 22,396 | SEC filing ↗ |
| 2026-03-01 | Schuck Mark | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 2,736 | USD — | USD — | SEC filing ↗ |
| 2026-03-01 | Schuck Mark | Tax withholding (F) | Common Stock, par value $0.0001 per share | 666 | USD 7.79 | USD 5,188 | SEC filing ↗ |
| 2026-03-01 | Schrenk Troy C. | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 11,098 | USD — | USD — | SEC filing ↗ |
| 2026-03-01 | Schrenk Troy C. | Tax withholding (F) | Common Stock, par value $0.0001 per share | 2,701 | USD 7.79 | USD 21,041 | SEC filing ↗ |
| 2026-03-01 | Lewis Heidi Diane | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 6,538 | USD — | USD — | SEC filing ↗ |
| 2026-03-01 | Lewis Heidi Diane | Tax withholding (F) | Common Stock, par value $0.0001 per share | 1,591 | USD 7.79 | USD 12,394 | SEC filing ↗ |
| 2026-03-01 | Archer James Bradley | Option exercise / conversion (M) | Common Stock, par value $0.0001 per share | 39,476 | USD — | USD — | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | TH |
| CIK | 0001712189 |
| Sector | Consumer Cyclical |
| Industry | Specialty Business Services Yahoo Finance |
| SEC SIC | 7000 Hotels, Rooming Houses, Camps & Other Lodging Places |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 485 transaction lines from 2020-01-09 to 2026-10-01 12 P purchase lines · 52 S sale lines · 421 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.