Form 4: Smart Sand Executive Sells Shares for Tax Purposes

Smart Sand's VP of Accounting, Christopher M. Green, disposed of 1,069 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Christopher M. Green, Vice President of Accounting at Smart Sand, Inc. (SND), reported a transaction on December 16, 2025.
• The transaction involved the disposition of 1,069 shares of Smart Sand, Inc. common stock.
• These shares were withheld for tax purposes upon the vesting of restricted stock previously granted to Mr. Green.
• The shares were valued at $3.63 per share for the purpose of this transaction.
• Following this transaction, Mr. Green directly beneficially owns 52,890 shares of Smart Sand, Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which does not indicate a change in company fundamentals or management's outlook, thus maintaining a neutral sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This routine insider transaction for tax purposes does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or company performance.

Key Dates

Keywords

Smart Sand Inc., SND, Christopher M. Green, Form 4, insider transaction, stock sale, tax withholding, restricted stock, beneficial ownership, executive compensation