Form 4: Smart Sand CFO's Shares Withheld for Tax Purposes

Smart Sand, Inc.'s Chief Financial Officer, Lee E. Beckelman, had 10,632 shares withheld for tax purposes following a restricted stock vesting event.

Summary

• Lee E. Beckelman, Chief Financial Officer of Smart Sand, Inc. (SND), reported a transaction on February 22, 2026.
• The transaction involved the disposition of 10,632 shares of Common Stock.
• These shares were withheld for tax purposes upon the vesting of restricted stock previously granted to Mr. Beckelman.
• The deemed price for the shares withheld was $5.25 per share.
• Following this transaction, Mr. Beckelman beneficially owns 740,516 shares of Smart Sand, Inc. Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative action related to executive compensation rather than a discretionary sale or acquisition.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction related to equity compensation and does not provide insights into broader industry trends or competitive positioning for Smart Sand, Inc.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine administrative transaction related to executive compensation and not a discretionary sale or purchase.

Key Dates

Keywords

Smart Sand, SND, Lee E. Beckelman, CFO, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Equity Compensation