STOCK TITAN

Smart Sand (SND) officer disposes shares to cover restricted stock taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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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SEC Form 4
FORM 4 UNITED 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*
Young James Douglas

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

(Street)
YARDLEY PA 19067

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Smart Sand, Inc. [ SND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEE REMARKS
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/28/2026 F 5,977(1) D $5.19 377,928 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
The Reporting Person is Executive Vice President, General Counsel and Secretary of the Issuer.
/s/ Lee E. Beckelman as Attorney-in-Fact for James D. Young 03/03/2026
** Signature of Reporting Person Date
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.

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.

How many Smart Sand (SND) shares does James Douglas Young own after this Form 4?

After the tax-withholding disposition, James Douglas Young directly holds 377,928 shares of Smart Sand common stock. This reflects his position following 5,977 shares being withheld to satisfy tax obligations on restricted stock vesting.

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.

What triggered the share withholding for Smart Sand (SND) officer James Douglas Young?

The withholding occurred when restricted stock granted to James Douglas Young vested. The vesting was conditioned on his continued employment or service with Smart Sand on the applicable vesting date, leading to 5,977 shares being withheld for tax purposes.