Smart Sand (NASDAQ: SND) EVP logs tax-withholding on 6,194 vested shares
Rhea-AI Filing Summary
Smart Sand, Inc. executive reports tax-withholding share disposition
Executive VP of Operations Robert Kiszka reported a Form 4 transaction involving 6,194 shares of Smart Sand common stock on February 28, 2026. The shares were withheld for tax purposes upon the vesting of restricted stock, rather than sold in an open-market trade, at a reference price of $5.19 per share.
After this tax-withholding disposition, Kiszka directly held 515,836 shares of Smart Sand common stock. He also had an indirect interest in 448,738 shares held by a limited liability company where he is the sole member with sole voting and investment control, while disclaiming beneficial ownership except for his economic interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,194 | $5.19 | $32K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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. 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
What did Smart Sand (SND) executive Robert Kiszka report in this Form 4?
What indirect Smart Sand (SND) holdings does Robert Kiszka report through an LLC?
Was the Smart Sand (SND) Form 4 transaction an open-market sale by Robert Kiszka?
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