Form 4: Smart Sand Executive VP Sells Shares to Cover Tax Obligations

Robert Kiszka, Executive VP of Operations at Smart Sand, Inc., disposed of 2,591 shares of common stock to cover tax obligations related to vesting restricted stock.

Summary

• On March 17, 2025, Robert Kiszka, Executive VP of Operations at Smart Sand, Inc., disposed of 2,591 shares of common stock to satisfy tax obligations.
• The shares were sold at a price of $2.38 per share.
• Following the transaction, Kiszka directly owns 538,273 shares and indirectly owns 448,738 shares through an LLC.
• The indirect ownership is held through a limited liability company where Kiszka is the sole member with voting and investment control.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock sales by executives.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Smart Sand, SND, Robert Kiszka, Executive VP, Stock Sale, Form 4, Beneficial Ownership, Tax Obligations, Restricted Stock, LLC