Form 4: Smart Sand Executive VP of Operations, Robert Kiszka, Reports Stock Grant and Disposed Shares
SEC Form 4
Robert Kiszka, Executive VP of Operations at Smart Sand, Inc., reports the acquisition of restricted stock and disposal of common stock.
Summary
- On February 28, 2025, Robert Kiszka, Executive VP of Operations at Smart Sand, Inc., reported a transaction involving the company's stock.
- Kiszka acquired 86,957 shares of restricted stock under the Issuer's 2016 Long Term Incentive Award Plan.
- These shares vest in four equal annual installments, contingent upon continued employment with Smart Sand.
- Kiszka also reported the disposal of 448,738 shares of common stock held indirectly through an LLC.
- Following these transactions, Kiszka directly owns 529,388 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock grant and disposal of shares. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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