Form 4: Smart Sand Inc. Executive Christopher M. Green Sells 33,000 Shares

Christopher M. Green, Vice President of Accounting at Smart Sand, Inc., sold 33,000 shares of common stock at an average price of $1.96 on August 16, 2024.

Summary

• On August 16, 2024, Christopher M. Green, the Vice President of Accounting at Smart Sand, Inc., sold 33,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $1.96 per share, with individual transaction prices ranging from $1.95 to $2.03.
• Following the transaction, Green directly owns 46,352 shares of Smart Sand, Inc.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on August 19, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is neutral in sentiment.

Risks

• Executive stock sales can sometimes be perceived negatively by investors, potentially impacting the stock price.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects.

Stakeholder Impact

• The stock sale could potentially influence shareholder sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates