Form 4: Smart Sand CEO Charles Edwin Young Reports Stock Transactions

Charles Edwin Young, CEO of Smart Sand, Inc., reports the disposition of shares for tax purposes and indirect ownership through Keystone Cranberry, LLC.

Summary

• On March 17, 2025, Charles Edwin Young, CEO of Smart Sand, Inc., disposed of 5,811 shares of common stock to cover tax obligations at a price of $2.38 per share.
• Following the transaction, Mr. Young directly owns 1,388,597 shares of Smart Sand common stock.
• Mr. Young also indirectly owns 5,842,700 shares through Keystone Cranberry, LLC, where he holds a 67% membership interest and has sole voting and investment power.
• Mr. Young disclaims beneficial ownership of the shares held by Keystone Cranberry, LLC, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Management Comments

• Mr. Young disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.

Industry Context

This filing is a routine disclosure related to insider trading and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates

Keywords

Smart Sand, Charles Edwin Young, stock transaction, Form 4, beneficial ownership, Keystone Cranberry LLC, CEO, SND