Smart Sand (SND) CFO share sale comes outside 10b5-1 plan
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
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 50,000 shares
Weighted average sale price: $4.79 per share
Sale price range: $4.74–$4.89 per share
+1 more
4 metrics
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
Key Terms
weighted average price, open market or private transaction, non-derivative
3 terms
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.
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.