In this paper, we discuss a particular model arising from sinking of a rigid solid into a thin film of liquid, i.e. a liquid contained between two solid surfaces and part of the liquid surface is in contact with the air. The liquid is governed by Navier–Stokes equation, while the contact point, i.e. where the gas, liquid and solid meet, is assumed to be given by a constant, non-zero contact angle. We consider a scaling limit of the liquid thickness (lubrication approximation) and the contact angle between the liquid–solid and the liquid–gas interfaces close to π\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\pi $$\\end{document}. This resulting model is a free boundary problem for the equation ht+(h3hxxx)x=0\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$h_t + (h^3h_{xxx})_x = 0$$\\end{document}, for which we have h>0\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$h>0$$\\end{document} at the contact point (different from the usual thin film equation with h=0\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$h=0$$\\end{document} at the contact point). We show that this fourth order quasilinear (non-degenerate) parabolic equation, together with the so-called partial wetting condition at the contact point, is well-posed. Furthermore, the contact point in our thin film equation can actually move, contrary to the classical thin film equation for a droplet arising from the no-slip condition. Additionally, we show the global stability of steady state solutions in a periodic setting.