Form 4: Smart Sand Executive Disposes of Shares for Tax Purposes
Insider Transaction Disclosure
Smart Sand, Inc.'s Executive Vice President, General Counsel, and Secretary, James Douglas Young, disposed of 4,857 shares of common stock for tax withholding upon restricted stock vesting.
Summary
- James Douglas Young, Executive Vice President, General Counsel, and Secretary of Smart Sand, Inc. (SND), reported a transaction on July 30, 2025.
- The transaction involved the disposition of 4,857 shares of Smart Sand common stock.
- These shares were withheld for tax purposes upon the vesting of restricted stock previously granted to Mr. Young.
- The shares were valued at $2.08 per share for the purpose of this transaction.
- Following this transaction, Mr. Young directly beneficially owns 362,405 shares of Smart Sand common stock.
Sentiment
Score: 5
Explanation: The filing is neutral as it reports a routine, non-discretionary transaction related to executive compensation (tax withholding upon restricted stock vesting).
Positives
- The vesting of restricted stock indicates the continued employment and retention of a key executive, James Douglas Young, who serves as Executive Vice President, General Counsel, and Secretary.
Negatives
- The disposition of 4,857 shares, even for tax purposes, represents a slight reduction in the executive's direct beneficial ownership.
Risks
- NA
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Management Comments
- NA
Industry Context
This filing is a routine disclosure of an insider transaction related to executive compensation and does not provide broader industry context or trends.
Comparison to Industry Standards
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation.
- Employees: No direct impact mentioned.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 07/30/2025 | Date of transaction where shares were disposed of for tax purposes. |
| 07/31/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
Smart Sand, SND, Form 4, insider transaction, restricted stock, tax withholding, executive compensation, beneficial ownership
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