Form 4: Smart Sand CEO Charles Edwin Young Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Charles Edwin Young, CEO of Smart Sand, Inc., reports a transaction involving the withholding of shares for tax purposes and indirect ownership through Keystone Cranberry, LLC.
Summary
- On July 30, 2024, Charles Edwin Young, CEO of Smart Sand, Inc., had 11,294 shares of common stock withheld for tax purposes at a price of $2.09 per share.
- Following this transaction, Young directly owns 1,150,353 shares of Smart Sand, Inc.
- Young also indirectly owns 5,842,700 shares through Keystone Cranberry, LLC.
- Young holds 67% of the membership interests in Keystone Cranberry, LLC and has sole voting and investment power over the shares held by Keystone.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Transaction date: 11,294 shares withheld for tax purposes. |
| 08/01/2024 | Date of signature for the Form 4 filing. |
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