STOCK TITAN

Smart Sand (SND) officer plans sale of 50,000 shares worth $239K

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Smart Sand, Inc. (SND) received a notice from officer Lee E. Beckelman of a proposed sale of 50,000 shares of common stock under Rule 144. The shares are to be sold through Merrill Lynch on the NYSE, with a stated aggregate market value of $239,500. The notice also reports 42,399,061 shares outstanding of Smart Sand common stock. The 50,000 shares come from multiple equity compensation awards granted between 2019 and 2020.

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Shares proposed for sale 50,000 shares Common stock to be sold under Rule 144 by Lee E. Beckelman
Aggregate market value of proposed sale $239,500 Stated for the 50,000 Smart Sand common shares in the notice
Shares outstanding 42,399,061 shares Smart Sand common stock outstanding as referenced in the notice
Largest individual compensation lot 18,373 shares Common stock from compensation dated 12/18/2020 included in the 50,000 shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate with sales regulatory
"sales are required by paragraph (e) of Rule 144 to be aggregated with sales"
Common Stock financial
"144: Securities Information Common Stock | Merrill Lynch"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What does the Form 144 filing mean for Smart Sand, Inc. (SND)?

The filing reports that officer Lee E. Beckelman intends to sell 50,000 shares of Smart Sand common stock under Rule 144. It is a disclosure of a planned sale, not an executed transaction or a change in company operations.

How many Smart Sand (SND) shares are covered by Lee E. Beckelman’s planned Rule 144 sale?

The notice covers a proposed sale of 50,000 shares of common stock. These shares are derived from multiple compensation grants dating from 2019 and 2020 and are planned to be sold as a single aggregated amount.

What is the reported value of the Smart Sand (SND) shares to be sold?

The proposed 50,000-share sale has a stated aggregate market value of $239,500. This figure reflects the value used in the Rule 144 notice for the planned transaction through Merrill Lynch on the NYSE.

How many Smart Sand (SND) shares are reported outstanding in this filing?

The notice reports that 42,399,061 shares of Smart Sand common stock are outstanding. This number provides context for the planned 50,000-share sale, which represents only a small portion of the company’s total shares.

Where and how will the Smart Sand (SND) shares be sold under this Form 144?

The proposed 50,000-share sale is listed to occur through Merrill Lynch with the security trading on the NYSE. The filing is a required Rule 144 notice of intent to sell restricted or control securities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature