Smart Sand (SND) insider has 1,738 shares withheld on restricted stock vesting
Rhea-AI Filing Summary
Smart Sand, Inc. reported that Christopher M. Green, Vice President of Accounting, had 1,738 shares of common stock withheld on 2026-07-23 to satisfy tax obligations upon the vesting of restricted stock. This tax-withholding disposition was valued at $4.81 per share and left him with 48,167 directly held shares of Smart Sand common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,738 shares
Net Sell
1 txn
Insider
Green Christopher M.
Role
Vice President of Accounting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share F1 | 1,738 | $4.81 | $8K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 48,167 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares withheld for taxes: 1,738 shares
Tax-withholding value per share: $4.81 per share
Shares held after transaction: 48,167 shares
3 metrics
Shares withheld for taxes
1,738 shares
Tax-withholding disposition of common stock on 2026-07-23
Tax-withholding value per share
$4.81 per share
Value used for the withheld shares related to restricted stock vesting
Shares held after transaction
48,167 shares
Directly held Smart Sand common shares following the disposition
Key Terms
restricted stock, withheld for tax purposes, continued employment
3 terms
restricted stock financial
"upon the vesting of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withheld for tax purposes financial
"Represents shares withheld for tax purposes upon the vesting"
continued employment financial
"based on the Reporting Person's continued employment with or service"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Smart Sand (SND) insider Christopher M. Green report?
Christopher M. Green reported a tax-withholding disposition of Smart Sand common stock. 1,738 shares were withheld on 2026-07-23 to cover taxes triggered by the vesting of restricted stock granted as part of his compensation.
Was the Smart Sand (SND) Form 4 transaction under a Rule 10b5-1 plan?
The Form 4 does not affirm that this transaction was made under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is not selected, and the footnote describes only tax withholding on restricted stock vesting.