Form 4: Smart Sand Inc. Executive Christopher M. Green Reports Stock Transaction
SEC Form 4 Filing
Christopher M. Green, Vice President of Accounting at Smart Sand, Inc., reports disposition of shares for tax purposes following vesting of restricted stock.
Summary
- On July 30, 2024, Christopher M. Green, Vice President of Accounting at Smart Sand, Inc., disposed of 909 shares of common stock to cover tax obligations.
- The shares were withheld at a price of $2.09 per share.
- Following the transaction, Green directly owns 79,352 shares of Smart Sand, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine tax-related stock disposals, which are common when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of stock transaction (disposal of shares for tax purposes). |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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