STOCK TITAN

Smart Sand (SND) CFO share sale comes outside 10b5-1 plan

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Smart Sand, Inc. (SND) reported that its Chief Financial Officer, Lee E. Beckelman, sold 50,000 shares of common stock on 2026-08-19 in a sale characterized as an open market or private transaction. The weighted average sale price was $4.79 per share, with individual trades executed between $4.74 and $4.89 per share. Following these transactions, Beckelman directly holds 721,845 shares of Smart Sand common stock.

Positive

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Negative

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Insights

Analyzing...

Insider Beckelman Lee E
Role Chief Financial Officer
Sold 50,000 shs ($240K)
Type Security Shares Price Value
Sale Common Stock F1 50,000 $4.79 $240K
Holdings After Transaction: Common Stock — 721,845 shares (Direct)
Footnotes (1)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.74 to $4.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Shares sold 50,000 shares Non-derivative common stock sale on 2026-08-19
Weighted average sale price $4.79 per share Average price for 50,000 shares sold
Sale price range $4.74–$4.89 per share Prices for multiple transactions included in the sale
Shares owned after sale 721,845 shares Directly held common stock following the transaction
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative"

FAQ

What insider transaction did Smart Sand (SND) disclose for CFO Lee E. Beckelman?

Smart Sand disclosed that CFO Lee E. Beckelman sold 50,000 shares of common stock on 2026-08-19. The sale was reported as a non-derivative transaction in common stock, characterized as an open market or private transaction under SEC Form 4 rules.

At what prices did the Smart Sand (SND) CFO sell his shares?

The CFO’s sale had a weighted average price of $4.79 per share, with individual trades executed between $4.74 and $4.89. A footnote states the reporting person can provide detailed share counts at each specific price on request.

How many Smart Sand (SND) shares does the CFO hold after the reported sale?

After selling 50,000 shares, CFO Lee E. Beckelman directly holds 721,845 shares of Smart Sand common stock. This post-transaction ownership reflects only the holdings reported in this Form 4 and applies to non-derivative common stock.

Was the Smart Sand (SND) CFO’s share sale under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the transaction is not reported as pursuant to a 10b5-1 plan. The disclosure does not describe any pre-arranged trading plan in the transaction footnote language.

What type of security did the Smart Sand (SND) CFO sell in this Form 4?

CFO Lee E. Beckelman sold non-derivative Common Stock of Smart Sand, Inc. The transaction involved 50,000 shares and no derivative securities, exercises, or conversions are reported in this particular Form 4 filing.

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

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Beckelman Lee E

(Last)(First)(Middle)
C/O SMART SAND, INC.
1000 FLORAL VALE BOULEVARD, SUITE 225

(Street)
YARDLEY PENNSYLVANIA 19067

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Smart Sand, Inc. [ SND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/19/2026S50,000D$4.79(1)721,845D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.74 to $4.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Remarks:
/s/ Lee E. Beckelman08/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)