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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 May 22, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 9Ballot items
  • 150Asset managers
  • 1,424Fund votes
  • May 22, 2025Meeting date

Results at a glance

Meeting of May 22, 2025: 9 items on TARGET HOSPITALITY CORP.’s Form 8-K, filed May 22, 2025: 3 approved · 6 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

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 May 22, 2025 (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 May 22, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: James B. Archer 86,541,455---- 190,0926,666,336 99.7%Not verified—
Elect Director: Alex Hernandez 86,568,130---- 163,4176,666,336 99.8%Not verified—
Elect Director: Martin L. Jimmerson 86,520,296---- 211,2516,666,336 99.7%Not verified—
Elect Director: Linda Medler 86,409,011---- 322,5366,666,336 99.6%Not verified—
Elect Director: Pamela H. Patenaude 86,031,267---- 700,2806,666,336 99.1%Not verified—
Elect Director: Stephen Robertson 83,759,680---- 2,971,8676,666,336 97%Not verified—
2. Ratification of Appointment of Independent Auditor 93,106,698188,531102,654 ---- 99.7%Approved—
3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay) 85,320,8751,223,709186,963 --6,666,336 99%Approved—
4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan 85,594,7531,120,97315,821 --6,666,336 99%Approved—

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

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

Each item below shows how the 150 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. Elect Director: Alex Hernandez

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 7,212,490 for, 128 withheld.

FOR
FOR: 7,212,490WITHHOLD: 128
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.

2. Elect Director: James B. Archer

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 7,212,618 for.

FOR
FOR: 7,212,618
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.

3. Elect Director: Linda Medler

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 7,107,928 for, 4,757 withheld, 99,933 abstained.

FOR
FOR: 7,107,928ABSTAIN: 99,933WITHHOLD: 4,757
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.

4. Elect Director: Martin L. Jimmerson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 7,212,490 for, 128 withheld.

FOR
FOR: 7,212,490WITHHOLD: 128
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 Director: Pamela H. Patenaude

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 7,042,353 for, 70,332 withheld, 99,933 abstained.

FOR
FOR: 7,042,353ABSTAIN: 99,933WITHHOLD: 70,332
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 064,948Withhold
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 Director: Stephen Robertson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

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
Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: 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

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 May 22, 2025 (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.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 55 asset managers below reported 5,878,406 for, 112,365 withheld, 1,221,847 abstained.

FORABSTAIN
FOR: 5,878,406ABSTAIN: 1,221,847WITHHOLD: 112,365
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 040,710Mixed
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 017,702Mixed
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 09,664Mixed
JPMorgan23,8780 00For
Lincoln Financial00 023,700Withhold
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. 4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan

Official resultCOMPENSATIONReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%
FOR: 85,594,753AGAINST: 1,120,973
Details: description as filed, official tally, votes by 56 asset managers

Description as filed by funds: SECOND AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN, AS AMENDED.

TARGET HOSPITALITY CORP.’s own tally for this item (“4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan”): 85,594,753 for, 1,120,973 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “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.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 56 asset managers below reported 6,384,965 for, 824,153 against, 10,500 abstained.

FOR
FOR: 6,384,965AGAINST: 824,153ABSTAIN: 10,500
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 3,5000Mixed
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 00Mixed
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.

8. 3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay)

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%
FOR: 85,320,875AGAINST: 1,223,709
Details: description as filed, official tally, votes by 150 asset managers

Description as filed by funds: Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).

TARGET HOSPITALITY CORP.’s own tally for this item (“3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay)”): 85,320,875 for, 1,223,709 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “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.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 56 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
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
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 Life9,66416,369 00Mixed
JPMorgan23,8780 00For
Lincoln Financial23,7000 00For
Global X19,7790 00For
BRIDGEWAY FUNDS INC17,6590 00For

Fund voting reports, all 56 managers: 6,422,815 for, 796,803 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 111 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
Rubric Capital Management LP1,884,9450 00For
HighTower Advisors, LLC1,466,3560 00For
Philadelphia Financial Management of San Francisco, LLC1,335,4780 00For
BlackRock904,4200 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP812,8050 00For
American Century0802,096 00Against
GEODE CAPITAL MANAGEMENT, LLC720,4420 00For
Appian Way Asset Management LP509,1270 00For
State Street442,5860 00For
River Road Asset Management, LLC419,5600 00For
Renaissance342,8880 00For
Charles Schwab280,0220 00For
Northern Trust229,2840 00For
BANK OF MONTREAL /CAN/197,4750 00For
MARSHALL WACE, LLP138,5720 00For
Vanguard110,4650 00For
AVIVA INVESTORS GLOBAL SERVICES LTD098,022 00Against
Connor, Clark & Lunn Investment Management Ltd.81,8160 00For
Nuveen66,8490 00For
UBS055,903 00Against
MELLON INVESTMENTS Corp55,3340 00For
Aristides Capital LLC00 49,5740Abstain
AllianceBernstein46,0000 00For
JPMorgan43,0500 00For

Institutional-manager reports, all 111 managers: 15,389,908 for, 1,024,822 against, 49,575 abstained. Showing the 25 largest; see all in the interactive database.

9. 2. Ratification of Appointment of Independent Auditor

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99.7% Approved · of votes cast

FOR 99.7%
FOR: 93,106,698AGAINST: 188,531
Details: description as filed, official tally, votes by 56 asset managers

Description as filed by funds: RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

TARGET HOSPITALITY CORP.’s own tally for this item (“2. Ratification of Appointment of Independent Auditor”): 93,106,698 for, 188,531 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “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 fiscal year ending December 31, 2025.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 56 asset managers below reported 7,119,685 for, 99,933 against.

FOR
FOR: 7,119,685AGAINST: 99,933
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.

Largest TARGET HOSPITALITY CORP. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 99,364,716 shares outstanding at the time of that meeting.

Fund voting reports: top TARGET HOSPITALITY CORP. shareholders by shares voted on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 1.88%
2BlackRock 1.17%
3American Century 0.78%
4Fidelity 0.71%
5Dimensional 0.49%
6Pacer Funds Trust 0.41%
7AMG Funds IV 0.32%
8FundVantage Trust 0.32%
9Charles Schwab 0.28%
10WisdomTree 0.11%
Institutional-manager reports: top TARGET HOSPITALITY CORP. shareholders by shares voted on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).”, 2024-2025
#Asset manager % of shares outstanding
1Private Capital Management, LLC 4.73%
2Rubric Capital Management LP 1.90%
3HighTower Advisors, LLC 1.48%
4Philadelphia Financial Management of San Francisco, LLC 1.34%
5BlackRock 0.91%
6ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.82%
7American Century 0.81%
8GEODE CAPITAL MANAGEMENT, LLC 0.73%
9Appian Way Asset Management LP 0.51%
10State Street 0.45%

Reported TARGET HOSPITALITY CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

TARGET HOSPITALITY CORP. holdings and ownership disclosed 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 May 14, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 May 14, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At TARGET HOSPITALITY CORP.'s shareholder meeting held May 22, 2025, in the 2024-2025 proxy season, 150 asset managers reported how they voted on 9 ballot items in their SEC Form N-PX filings, covering 1,424 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). — TARGET HOSPITALITY CORP.'s filing reports the proposal as approved, with 99% support 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). Source: TARGET HOSPITALITY CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 22, 2025.

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

Download data (CSV): ballot items · votes by manager · column guide.