Target Hospitality Corp.’s board compensation committee adopted new executive Restricted Stock Unit and Performance Stock Unit agreement forms under its 2019 Incentive Plan for awards granted on or after Feb. 25, 2026. Under the updated PSU form, vesting is split equally between Total Shareholder Return and Adjusted EBITDA performance, with payouts ranging from 0% to 200% of target for each component. The committee also approved PSU grants of 400,000 to Troy Schrenk, 300,000 to Brendan Dowhaniuk and 175,000 to Heidi Lewis.

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