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TARGET HOSPITALITY CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TARGET HOSPITALITY CORP.’s Form 8-K, filed 2025-05-22 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 9Ballot items
  • 151Asset managers
  • 1,428Fund votes
  • 2025-05-22Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore TARGET HOSPITALITY CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by TARGET HOSPITALITY CORP.

These tallies are TARGET HOSPITALITY CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-22 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

TARGET HOSPITALITY CORP. — official shareholder meeting results, meeting held 2025-05-22
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: James B. Archer 86,541,455---- 190,0926,666,336 Majority: yes
Elect Director: Alex Hernandez 86,568,130---- 163,4176,666,336 Majority: yes
Elect Director: Martin L. Jimmerson 86,520,296---- 211,2516,666,336 Majority: yes
Elect Director: Linda Medler 86,409,011---- 322,5366,666,336 Majority: yes
Elect Director: Pamela H. Patenaude 86,031,267---- 700,2806,666,336 Majority: yes
Elect Director: Stephen Robertson 83,759,680---- 2,971,8676,666,336 Majority: yes
Proposal 2: Ratification of Appointment of Independent Auditor The stockholders ratified the selection, by the audit committee of the Company's board of directors, of Ernst & Young LLP as the Company's independent registered public accounting firm for the fisc 93,106,698188,531102,654 ---- Majority: yes
Proposal 3: Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay) The stockholders approved, on an advisory and non-binding basis, the compensation of the named executive officers of the Company 85,320,8751,223,709186,963 --6,666,336 Majority: yes
Proposal 4: Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan The stockholders approved amendments to the Target Hospitality Corp 85,594,7531,120,97315,821 --6,666,336 Majority: yes

Source: TARGET HOSPITALITY CORP., Form 8-K, filed with the SEC on 2025-05-22 — read the filing on EDGAR.

How asset managers voted at the TARGET HOSPITALITY CORP. 2024-2025 meeting

Each item below shows how the 151 asset managers that disclosed a TARGET HOSPITALITY CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 8 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 85,320,875AGAINST: 1,223,709

TARGET HOSPITALITY CORP.’s own tally for this item (“Proposal 3: Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay) The stockholders approved, on an advisory and non-binding basis, the compensation of the named executive officers of th”): 85,320,875 for, 1,223,709 against, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 86% for, 1% against (87% of the company cast a for/against vote).

The 150 asset managers below cast 92% of the shares they voted on this item FOR (21,812,723 for, 1,821,625 against).

FOR 92%8%
FOR: 21,812,723 (92.1%)AGAINST: 1,821,625 (7.7%)ABSTAIN: 49,575 (0.2%)
Largest asset managers voting on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Private Capital Management, LLC4,695,2770 00For
BlackRock2,063,3550 00For
Vanguard1,978,0040 00For
Rubric Capital Management LP1,884,9450 00For
American Century01,579,738 00Against
HighTower Advisors, LLC1,466,3560 00For
Philadelphia Financial Management of San Francisco, LLC1,335,4780 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP812,8050 00For
GEODE CAPITAL MANAGEMENT, LLC720,4420 00For
Fidelity703,7250 00For
Charles Schwab560,0440 00For
Dimensional523,0500 00For
Appian Way Asset Management LP509,1270 00For
State Street443,9400 00For
River Road Asset Management, LLC419,5600 00For
Pacer Funds Trust411,4700 00For
Renaissance342,8880 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Northern Trust245,8800 00For
BANK OF MONTREAL /CAN/197,4750 00For
MARSHALL WACE, LLP138,5720 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
AVIVA INVESTORS GLOBAL SERVICES LTD098,022 00Against

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

2. RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 93,106,698AGAINST: 188,531

TARGET HOSPITALITY CORP.’s own tally for this item (“Proposal 2: Ratification of Appointment of Independent Auditor The stockholders ratified the selection, by the audit committee of the Company's board of directors, of Ernst & Young LLP as the Company's independent regist”): 93,106,698 for, 188,531 against, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 94% for, 0.2% against (94% of the company cast a for/against vote).

The 56 asset managers below cast 99% of the shares they voted on this item FOR (7,119,685 for, 99,933 against).

FOR 99%
FOR: 7,119,685 (98.6%)AGAINST: 99,933 (1.4%)
Largest asset managers voting on “RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCA” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust099,933 00Against
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

3. SECOND AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN, AS AMENDED.

COMPENSATIONMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 85,594,753AGAINST: 1,120,973

TARGET HOSPITALITY CORP.’s own tally for this item (“Proposal 4: Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan The stockholders approved amendments to the Target Hospitality Corp”): 85,594,753 for, 1,120,973 against, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 86% for, 1% against (87% of the company cast a for/against vote).

The 56 asset managers below cast 89% of the shares they voted on this item FOR (6,384,965 for, 824,153 against).

FOR 88%11%
FOR: 6,384,965 (88.4%)AGAINST: 824,153 (11.4%)ABSTAIN: 10,500 (0.1%)
Largest asset managers voting on “SECOND AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN, AS AMENDED.” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century0777,642 00Against
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
Goldman Sachs68,1910 00For
Equitable63,7020 3,5000For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST028,800 00Against
Pacific Life9,66416,369 00Against
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

4. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Alex Hernandez

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 86,568,130WITHHELD: 163,417

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: Alex Hernandez”): 86,568,130 for, 163,417 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 87% for, 0.2% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (7,212,490 for, 0 against).

FOR 99.9%
FOR: 7,212,490 (100.0%)ABSTAIN: 128 (0.0%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

5. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: James B. Archer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 86,541,455WITHHELD: 190,092

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: James B. Archer”): 86,541,455 for, 190,092 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 87% for, 0.2% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (7,212,618 for, 0 against).

FOR 100%
FOR: 7,212,618 (100.0%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

6. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Linda Medler

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 86,409,011WITHHELD: 322,536

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: Linda Medler”): 86,409,011 for, 322,536 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 87% for, 0.4% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (7,107,928 for, 0 against).

FOR 99%
FOR: 7,107,928 (98.5%)ABSTAIN: 104,690 (1.5%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust00 99,9330Abstain
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

7. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Martin L. Jimmerson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 86,520,296WITHHELD: 211,251

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: Martin L. Jimmerson”): 86,520,296 for, 211,251 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 87% for, 0.3% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (7,212,490 for, 0 against).

FOR 99.9%
FOR: 7,212,490 (100.0%)ABSTAIN: 128 (0.0%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

8. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Pamela H. Patenaude

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 86,031,267WITHHELD: 700,280

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: Pamela H. Patenaude”): 86,031,267 for, 700,280 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 87% for, 0.8% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (7,042,353 for, 0 against).

FOR 98%
FOR: 7,042,353 (97.6%)ABSTAIN: 170,265 (2.4%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock1,158,9350 00For
American Century777,6420 00For
Fidelity702,8660 00For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust00 99,9330Abstain
Goldman Sachs68,1910 00For
Equitable67,2020 00For
TIAA00 64,9480Abstain
QUANTITATIVE MASTER SERIES LLC56,2410 00For
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life26,0330 00For
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

9. Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Stephen Robertson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 83,759,680WITHHELD: 2,971,867

TARGET HOSPITALITY CORP.’s own tally for this item (“Elect Director: Stephen Robertson”): 83,759,680 for, 2,971,867 withheld, per its Form 8-K filed 2025-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 99,364,716 outstanding shares: 84% for, 3% withheld (87% of the company cast a for/withheld vote).

The 55 asset managers below cast 100% of the shares they voted on this item FOR (5,878,406 for, 0 against).

FOR 82%ABSTAIN 18%
FOR: 5,878,406 (81.5%)ABSTAIN: 1,334,212 (18.5%)
Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2026 Annual Meeting of Stoc” at TARGET HOSPITALITY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard1,867,5390 00For
BlackRock00 1,158,9350Abstain
American Century777,6420 00For
Fidelity662,1560 40,7100For
Dimensional486,6760 00For
Pacer Funds Trust411,4700 00For
AMG Funds IV319,4500 00For
FundVantage Trust313,4150 00For
Charles Schwab280,0220 00For
WisdomTree110,5350 00For
EA Series Trust99,9330 00For
Goldman Sachs68,1910 00For
Equitable49,5000 17,7020For
TIAA64,9480 00For
QUANTITATIVE MASTER SERIES LLC00 56,2410Abstain
ETF Series Solutions43,3000 00For
Janus Detroit Street Trust39,5370 00For
RBB FUND, INC.33,3230 00For
AdvisorShares Trust31,3890 00For
RBC FUNDS TRUST28,8000 00For
Pacific Life16,3690 9,6640For
JPMorgan23,8780 00For
Lincoln Financial00 23,7000Abstain
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

Largest TARGET HOSPITALITY CORP. shareholders voting in 2024-2025

Ranked by the number of TARGET HOSPITALITY CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 99,364,716 shares outstanding at the time of that meeting.

Top TARGET HOSPITALITY CORP. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Private Capital Management, LLC 4.73%
2BlackRock 2.08%
3Vanguard 1.99%
4Rubric Capital Management LP 1.90%
5American Century 1.59%
6HighTower Advisors, LLC 1.48%
7Philadelphia Financial Management of San Francisco, LLC 1.34%
8ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.82%
9GEODE CAPITAL MANAGEMENT, LLC 0.73%
10Fidelity 0.71%

Reported TARGET HOSPITALITY CORP. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

TARGET HOSPITALITY CORP. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Stephen Robertson 65.22% DEF14A
Arrow 49.31% DEF14A
TDR Capital LLP 46.27% 13D
MFA Global 15.73% DEF14A
Private Capital Management, LLC 5.13% 13G
Conversant Capital LLC 5.08% DEF14A
BlackRock 2.58% 13F
Vanguard Group 1.95% 13F
James B. Archer 1.74% DEF14A
Renaissance Technologies 0.92% 13F

Percentages above are of 99,364,716 shares outstanding, as reported by TARGET HOSPITALITY CORP. on its Form 10-Q dated 2025-05-14 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from TARGET HOSPITALITY CORP.’s 10-Q dated 2025-05-14. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At TARGET HOSPITALITY CORP.'s shareholder meeting held 2025-05-22, in the 2024-2025 proxy season, 151 asset managers reported how they voted on 9 ballot items in their SEC Form N-PX filings, covering 1,428 separate fund positions. On the most widely held item on that ballot — Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay). — FOR was 99% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: TARGET HOSPITALITY CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-05-22.

TARGET HOSPITALITY CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.