Smart Sand (SND) officer reports 2,614-share tax-withholding on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smart Sand, Inc. officer Ronald P. Whelan reported a small share disposition tied to taxes on equity compensation. On the vesting of restricted stock, 2,614 shares of Common Stock were withheld at an indicated value of $5.45 per share to satisfy tax obligations. After this tax-withholding event, Whelan directly holds 470,327 shares, so the filing reflects routine administration of stock-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WHELAN RONALD P
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,614 | $5.45 | $14K |
Holdings After Transaction:
Common Stock — 470,327 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,614 shares
Tax withholding share value: $5.45 per share
Shares held after transaction: 470,327 shares
+1 more
4 metrics
Shares withheld for taxes
2,614 shares
Tax-withholding disposition on restricted stock vesting
Tax withholding share value
$5.45 per share
Value used for 2,614 withheld shares
Shares held after transaction
470,327 shares
Direct Common Stock holdings after tax withholding
Transaction date
June 5, 2026
Date of tax-withholding disposition reported on Form 4
Key Terms
restricted stock, tax-withholding disposition, Common Stock, continued employment
4 terms
restricted stock financial
"Represents shares withheld for tax purposes 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
continued employment financial
"vesting of which is based on the Reporting Person's continued employment with or service to the Issuer"
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.