Form 4: Smart Sand Executive James Young Receives Stock Grant

James Douglas Young, Executive Vice President, General Counsel and Secretary of Smart Sand, Inc., was granted 86,957 shares of restricted stock on February 28, 2025.

Summary

• James Douglas Young, an executive at Smart Sand, Inc., received a grant of 86,957 shares of restricted stock on February 28, 2025.
• The shares were granted under the company's 2016 Long Term Incentive Award Plan.
• The restricted stock vests in four equal annual installments, contingent upon Young's continued employment with Smart Sand.
• Following the transaction, Young beneficially owns 360,613 shares of Smart Sand stock.

Sentiment

Score: 6

Explanation: The document reflects a standard executive compensation practice, which is neutral to slightly positive as it incentivizes management.

Positives

• The stock grant aligns the executive's interests with the long-term performance of the company.
• The vesting schedule incentivizes continued service and commitment from the executive.

Risks

• The executive's departure before full vesting would result in forfeiture of unvested shares.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, used to incentivize performance and align management's interests with those of shareholders.

Stakeholder Impact

• The stock grant could have a minor positive impact on shareholder sentiment by aligning executive interests with company performance.
• The stock grant incentivizes the executive to remain with the company.

Key Dates