Form 4: Smart Sand VP of Accounting Reports Tax-Related Stock Transaction

Christopher M. Green, Smart Sand's Vice President of Accounting, reported the withholding of 908 shares of common stock for tax purposes upon the vesting of restricted stock.

Summary

• Christopher M. Green, Vice President of Accounting at Smart Sand, Inc. (SND), reported a transaction on July 30, 2025.
• The transaction involved the disposition of 908 shares of Smart Sand Common Stock, par value $0.001 per share.
• These shares were withheld for tax purposes at a price of $2.08 per share, upon the vesting of restricted stock previously granted to Mr. Green.
• Following this transaction, Mr. Green beneficially owns 65,459 shares of Smart Sand Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine tax-related stock transaction upon vesting of restricted stock, which is a neutral event reflecting compensation rather than a strategic or operational change.

Positives

• The transaction indicates the vesting of restricted stock, which represents earned compensation for the reporting person.

Negatives

• The disposition of shares, even for tax purposes, results in a reduction of the reporting person's direct beneficial ownership.

Future Outlook

No future outlook or guidance is provided in this filing, as it pertains to a specific insider transaction.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual's compensation event within the company rather than a strategic or operational development.

Stakeholder Impact

• Shareholders: Minimal impact due to the small number of shares involved in a routine tax withholding.
• Employees: Reflects standard compensation practices for executives.

Key Dates

Keywords

Smart Sand, SND, Form 4, SEC filing, insider transaction, stock vesting, restricted stock, tax withholding, Christopher Green, officer transaction