Form 4: Smart Sand Executive Sells Shares

Ronald P. Whelan, Executive Vice President of Smart Sand, Inc., reported a transaction involving the sale of 2,614 shares of common stock.

Summary

• Ronald P. Whelan, Executive Vice President of Last Mile Solutions at Smart Sand, Inc., reported a transaction on June 5, 2026.
• The transaction involved the disposal of 2,614 shares of common stock.
• These shares were withheld for tax purposes upon the vesting of restricted stock, based on continued employment.
• The reported price for these shares was $5.45.
• Following this transaction, Mr. Whelan beneficially owns 470,327 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the reported share disposal is due to tax withholding upon vesting, a common and expected event for executives.

Negatives

• A transaction resulted in the disposal of 2,614 shares of common stock.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Management Comments

• The Reporting Person is Executive Vice President of Last Mile Solutions of the Issuer.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock activity. This particular filing indicates a routine tax withholding event rather than a discretionary sale.

Stakeholder Impact

• Shareholders: The transaction is a routine tax withholding and does not represent a sale of shares by the executive beyond what is necessary for tax obligations, thus having minimal direct impact on share availability or executive confidence.

Key Dates

Keywords

Smart Sand, SND, Form 4, Insider Transaction, Stock Sale, Executive Vice President, Beneficial Ownership