Form 4: Smart Sand Executive Ronald Whelan Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Ronald Whelan, Executive Vice President of Last Mile Solutions at Smart Sand, Inc., disposed of shares to cover tax obligations upon the vesting of restricted stock.
Summary
- On March 17, 2025, Ronald P. Whelan, Executive Vice President of Last Mile Solutions at Smart Sand, Inc., disposed of 2,614 shares of common stock.
- The shares were withheld for tax purposes related to the vesting of restricted stock.
- Following the transaction, Whelan directly owns 457,302 shares of Smart Sand, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Ronald Whelan disposed of shares. |
| 03/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Smart Sand, SND, Ronald Whelan, Executive Compensation, Stock Disposal, Tax Withholding, Restricted Stock, Beneficial Ownership
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