Welcome to our dedicated page for Smart Sand SEC filings (Ticker: SND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Smart Sand, Inc. filings document regulatory disclosures for a public frac and industrial sand supplier, including 8-K reports on operating results, special dividends, share repurchase authorizations and Rule 10b5-1 trading plans. Material-event filings also cover sand supply agreements and changes to product purchase arrangements tied to the company’s frac sand business.
Proxy materials address governance, executive compensation, pay-versus-performance information, equity awards and shareholder voting matters. The filings describe Smart Sand’s common stock, capital-return activity, customer-contract disclosures, and the reporting framework around its Northern White sand production, logistics services and industrial sand markets.
Smart Sand, Inc. director Sharon Spurlin reported an open-market sale of common stock. On May 26, 2026, she sold 50,000 shares of Smart Sand common stock at a weighted average price of $4.93 per share, in multiple trades between $4.92 and $5.00. After this transaction, Spurlin directly holds 189,961 shares of Smart Sand common stock.
Smart Sand, Inc. adopted a Rule 10b5-1 trading plan to support its existing share repurchase program. The plan authorizes purchases of up to $2.5 million of common stock, including commissions, with daily purchases limited by Rule 10b-18 volume caps.
Repurchases under the plan may begin after June 1, 2026 and will end when either the full $2.5 million is used or at the close of business on August 10, 2026, whichever comes first. A broker will execute repurchases on the company’s behalf, but neither the company nor the broker is obligated to buy a specific number of shares or to make purchases at any particular time.
Smart Sand, Inc. ownership disclosure: Tontine reporting persons disclose shared beneficial ownership of common stock. Jeffrey L. Gendell reports beneficial ownership of 3,126,915 shares (7.3%), reflecting shared voting and dispositive power. Tontine Capital Overseas Master Fund II, L.P. and Tontine Asset Associates, LLC report 3,026,367 shares (7.0%) held by TCOM II. The filing cites 42,985,681 shares outstanding as of April 10, 2026 as the basis for percentages. The statement is signed by Mr. Gendell on May 15, 2026.
Smart Sand, Inc. reported much stronger results for the quarter ended March 31, 2026. Revenue rose to $93.1 million from $65.6 million, driven by about 40% higher sand volumes sold at slightly better pricing. Tons sold increased to roughly 1.49 million from 1.07 million.
Gross profit improved to $6.1 million, and net loss narrowed sharply to $3.9 million from $24.2 million, helped by a much lower tax charge. Adjusted EBITDA increased to $3.8 million from $1.4 million. Free cash flow was $0.8 million, down from $5.2 million, mainly because prior customer prepayments were recognized as revenue.
Liquidity remained solid with $19.5 million of cash and $30.0 million of undrawn capacity on the FCB ABL Credit Facility. The company declared a special dividend of $0.10 per share, returning about $3.9 million, and authorized a new $20.0 million share repurchase program following completion of a $10.0 million program.
Smart Sand, Inc. reported first quarter 2026 revenue of $93.1 million, up from $65.6 million a year earlier, driven by higher sand volumes and pricing. Tons sold reached about 1.49 million, a 40% year-over-year increase and a slight sequential gain.
The company posted a net loss of $3.9 million, or $(0.10) per share, narrowing from a $24.2 million loss in the prior-year quarter, but down from $1.2 million of net income in the fourth quarter of 2025, with higher production and freight costs pressuring margins.
Non-GAAP measures show contribution margin of $13.2 million and Adjusted EBITDA of $3.8 million, both lower sequentially but higher than a year ago. Free cash flow was positive at $0.8 million. Liquidity remained solid, with $19.5 million of cash and full $30 million availability under the credit facility. The company returned about $5.7 million to shareholders year to date through repurchases and a special dividend, and expects 2026 sales volume growth of 5%–10% with positive free cash flow.
Smart Sand, Inc. has called its 2026 Annual Meeting of Stockholders for June 2, 2026 as a fully virtual event. Holders of common stock as of April 10, 2026 can vote online, by phone, by mail, or during the live webcast using a 16-digit control number.
Stockholders will vote on electing two Class I directors, ratifying Grant Thornton LLP as independent auditor for 2026, an advisory Say‑on‑Pay vote on 2025 executive compensation, and approving new 2026 Equity Incentive and Employee Stock Purchase Plans. The proxy details board independence, committee structures, related‑party arrangements, and a pay‑for‑performance program that ties bonuses and restricted stock to net free cash flow and return on invested capital.
Smart Sand, Inc. declared a special cash dividend of $0.10 per share on its common stock. The dividend will be paid on May 5, 2026 to stockholders of record as of the close of business on April 22, 2026.
The company describes this as part of its ongoing effort to return capital to stockholders while maintaining cost discipline, operational efficiency, and a strong balance sheet.
Smart Sand, Inc. CEO Charles Edwin Young reported a routine tax-withholding share disposition tied to restricted stock vesting. On the vesting date, 5,811 shares of common stock were withheld at $4.08 per share to satisfy tax obligations, a non-market transaction that does not reflect an open-market sale. After this event, Young directly holds 1,520,844 shares. He also has indirect ownership of 5,842,700 shares held by Keystone Cranberry, LLC, where he is the sole managing member with voting and investment power, while disclaiming beneficial ownership beyond his pecuniary interest.