Smart Sand sets $400K salary for incoming CFO
Smart Sand, Inc. (SND) amended a prior report about its finance leadership transition to add compensation details for incoming Chief Financial Officer James Young.
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Rhea-AI Filing Summary
Smart Sand, Inc. (SND) amended a prior report about its finance leadership transition to add compensation details for incoming Chief Financial Officer James Young. He is expected to succeed current CFO Lee Beckelman effective January 1, 2027, with all other previously reported terms unchanged.
The Compensation Committee approved, effective immediately, an annual base salary for Mr. Young of $400,000 and an annual award opportunity under the company’s long-term incentive plan of $600,000. His annual bonus target under the annual incentive plan remains at 50% of base salary, and he remains eligible for the employee benefit plans generally available to company employees.
8-K Event Classification
Key Figures
Key Terms
long-term incentive plan financial
annual incentive plan financial
Compensation Committee financial
emerging growth company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Smart Sand, Inc. (SND) disclose in this Form 8-K/A amendment?
What is the new CFO James Young’s base salary at Smart Sand (SND)?
What long-term incentive opportunity will James Young receive at Smart Sand (SND)?
What is James Young’s annual bonus target at Smart Sand (SND)?
Will James Young participate in other employee benefits at Smart Sand (SND)?
Does this Smart Sand (SND) filing change the effective date of the CFO transition?
AI-generated analysis. How Rhea-AI works. Not financial advice.