Form 4: Smart Sand Executive's Stock Transaction for Tax
Insider Transaction Report
Smart Sand's EVP, General Counsel, and Secretary, James D. Young, disposed of 2,500 shares of common stock for tax withholding related to restricted stock vesting.
Summary
- James D. Young, Executive Vice President, General Counsel, and Secretary of Smart Sand, Inc., reported a transaction.
- On March 17, 2026, 2,500 shares of Smart Sand Common Stock were disposed of.
- The disposition was for tax withholding purposes upon the vesting of restricted stock, which is based on continued employment or service.
- The price per share for the disposition was $4.08.
- Following this transaction, Mr. Young beneficially owns 375,428 shares of Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine, non-discretionary transaction related to executive compensation and tax obligations, thus having a neutral impact on sentiment.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from restricted stock vesting, are common and generally not indicative of management's sentiment towards the company's future prospects, unlike open market purchases or sales.
Key Dates
| Date | Description |
|---|---|
| 03/17/2026 | Transaction Date Disposition of shares for tax purposes upon restricted stock vesting. |
| 03/19/2026 | Signature Date of the filing by Attorney-in-Fact. |
Keywords
Smart Sand, SND, Form 4, insider transaction, stock vesting, tax withholding, executive compensation
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