Smart Sand EVP reports tax share withholding
Smart Sand, Inc. Executive VP of Operations Robert Kiszka reported a Form 4/A showing a tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Smart Sand, Inc. Executive VP of Operations Robert Kiszka reported a Form 4/A showing a tax-related share disposition. On the vesting of restricted stock, 6,194 shares of common stock were withheld at $5.19 per share to cover tax obligations. The amendment also corrects a previously misreported holding of 515,836 shares and reflects both directly held shares and additional indirect holdings through an LLC, where Kiszka has sole voting and investment control but disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,194 | $5.19 | $32K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares withheld for tax purposes upon the vesting of restricted stock granted to the Reporting Person, the vesting of which is based on the Reporting Person's continued employment with or service to the Issuer on the applicable vesting date.
- F2. The Form 4, as originally filed, incorrectly reported the number of shares as 515,836. The Form 4, as amended by this Form 4/A, currently reports the corrected number of shares.
- F3. Held by a limited liability company ("LLC") of which the Reporting Person serves as the sole member with sole voting and investment control over the securities held thereby. The Reporting Person disclaims beneficial ownership of the securities held by the LLC except to the extent of his pecuniary interest therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Smart Sand (SND) report in this Form 4/A?
Who is the insider in Smart Sand (SND) Form 4/A and what is his role?
What correction does this Smart Sand (SND) Form 4/A make to prior reports?
How are Robert Kiszka’s indirect Smart Sand (SND) holdings structured?
Was the Smart Sand (SND) insider transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.