Smart Sand (SND) officer disposes shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smart Sand, Inc. officer James Douglas Young reported a tax-related share disposition. On February 28, 2026, 5,977 shares of common stock were withheld at an implied price of $5.19 per share to cover taxes upon vesting of restricted stock. After this tax-withholding disposition, he directly holds 377,928 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Young James Douglas
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,977 | $5.19 | $31K |
Holdings After Transaction:
Common Stock — 377,928 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Smart Sand (SND) report for James Douglas Young?
Smart Sand reported that officer James Douglas Young had 5,977 common shares withheld for taxes on vested restricted stock. The shares were valued at $5.19 each and reflect a tax-withholding disposition, not an open-market sale.
What does transaction code F mean in the Smart Sand (SND) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liability. For Smart Sand, 5,977 shares were withheld from James Douglas Young upon vesting of restricted stock tied to his ongoing service.
Was the Smart Sand (SND) insider transaction an open-market sale or a tax withholding?
The transaction was a tax withholding, not an open-market sale. 5,977 shares of Smart Sand common stock were withheld to cover taxes when restricted stock granted to James Douglas Young vested based on his continued employment or service.