Form 4: Smart Sand Executive Withholds Shares for Tax Purposes Following Restricted Stock Vesting

Smart Sand, Inc. Executive Vice President James D. Young disposed of 2,500 shares of common stock for tax withholding purposes related to restricted stock vesting.

Summary

• James Douglas Young, Executive Vice President, General Counsel, and Secretary of Smart Sand, Inc. (SND), reported a change in beneficial ownership.
• On June 7, 2025, Mr. Young disposed of 2,500 shares of Smart Sand Common Stock.
• This disposition was for tax purposes, representing shares withheld upon the vesting of restricted stock granted to Mr. Young.
• The shares were valued at $1.92 per share for this transaction.
• Following this transaction, Mr. Young beneficially owns 367,262 shares of Smart Sand Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding related to restricted stock vesting, which is a neutral event for the company's operational performance or outlook.

Positives

• The transaction indicates the vesting of restricted stock, which is a form of executive compensation and suggests continued employment and alignment of interests with the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders: The transaction is a routine tax withholding and does not indicate a change in the company's operational performance or strategic direction. The impact on share price is typically negligible as it's a non-discretionary disposition.

Key Dates

Recommendation

Keywords

Smart Sand, SND, Form 4, insider transaction, stock vesting, executive compensation, James D. Young, tax withholding