Form 4: Smart Sand COO William John Young Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
William John Young, Chief Operating Officer of Smart Sand, Inc., disposed of 3,886 shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 17, 2025, William John Young, the Chief Operating Officer of Smart Sand, Inc., disposed of 3,886 shares of common stock.
- The disposal was executed to cover tax obligations arising from the vesting of restricted stock.
- The shares were sold at a price of $2.38 per share.
- Following the transaction, Young directly owns 615,145 shares of Smart Sand, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares for tax purposes) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock, a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: William John Young disposed of shares. |
| 03/19/2025 | Date of signature on the report. |
Keywords
Form 4, Smart Sand, William John Young, Chief Operating Officer, Stock Disposal, Tax Obligations, Restricted Stock, SND
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.