Welcome to our dedicated page for Smart Sand SEC filings (Ticker: SND), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Smart Sand, Inc. filings document regulatory disclosures for a public frac and industrial sand supplier, including 8-K reports on operating results, special dividends, share repurchase authorizations and Rule 10b5-1 trading plans. Material-event filings also cover sand supply agreements and changes to product purchase arrangements tied to the company’s frac sand business.
Proxy materials address governance, executive compensation, pay-versus-performance information, equity awards and shareholder voting matters. The filings describe Smart Sand’s common stock, capital-return activity, customer-contract disclosures, and the reporting framework around its Northern White sand production, logistics services and industrial sand markets.
Sharon Spurlin submitted a notice to sell up to 100,000 shares of common stock of SND through J.P. Morgan Securities LLC on or about August 14, 2026, with shares listed on NASDAQ. The proposed sale has an aggregate market value of $495,000.
The shares derive from equity compensation awards granted on June 11, 2018 (8,089 shares), July 30, 2021 (47,703 shares), and February 22, 2024 (44,208 shares). In the prior three months, Spurlin sold 50,000 common shares for $244,089.92. A total of 42,399,061 common shares are referenced as outstanding.
Smart Sand, Inc. reports updated large shareholder information in an amended Schedule 13G, reflecting ownership as of June 30, 2026, based on 42,494,871 common shares outstanding. The filing covers positions held by Keystone Cranberry, LLC and Charles E. Young.
Charles E. Young is reported as beneficially owning 7,357,733 shares of common stock, representing 17.3% of the class, with sole voting and dispositive power over all such shares. This total includes 5,842,700 shares held by Keystone Cranberry, LLC, 1,184,664 shares held directly, and 330,369 restricted shares subject to time-based vesting under the 2016 Omnibus Incentive Plan.
Keystone Cranberry, LLC is reported as beneficially owning 5,842,700 shares, or 13.7% of the common stock, with shared voting and dispositive power over these shares. As of June 30, 2026, Young owned approximately 67% of Keystone Cranberry, LLC’s membership interests and is its sole managing member. The disclosure notes that Young disclaims beneficial ownership of Keystone’s shares except to the extent of his pecuniary interest and that 500,879 performance-based restricted shares awarded to him are not included in the beneficial ownership totals.
Smart Sand, Inc. reported substantially stronger operating results for the three and six months ended June 30, 2026, driven by higher frac and industrial sand volumes. Quarterly revenue rose to $115.1 million from $85.8 million as tons sold increased about 31% and pricing was slightly higher. Gross profit more than doubled to $19.8 million, and contribution margin per ton improved to $14.54.
For the six‑month period, revenue grew to $208.2 million from $151.3 million, with gross profit of $25.9 million and adjusted EBITDA of $22.4 million versus $9.2 million a year earlier. Net income was $10.2 million for the quarter and $6.3 million year‑to‑date, reflecting strong operations but a smaller tax benefit than in 2025. Cash and cash equivalents were $10.2 million, and the company had $30.0 million available under its FCB ABL Credit Facility with no outstanding borrowings.
The company continued capital investment, spending $7.0 million on property, plant and equipment in the first half, and returned capital through $0.10‑per‑share special dividends and share repurchases under a new $20 million authorization. SmartSystems revenue declined year‑to‑date and operated at a small loss, while customer and vendor concentration remained elevated.
Smart Sand, Inc. reported a strong rebound in operating performance for the second quarter of 2026. Tons sold rose to 1.864 million, driving revenue of $115.1 million versus $93.1 million in the prior quarter and $85.8 million a year earlier. Gross profit improved to $19.8 million, and net income was $10.2 million, or $0.26 per basic share, compared with a loss in the first quarter of 2026. Adjusted EBITDA increased to $18.7 million, supported by higher volumes and contribution margin per ton.
Free cash flow for the quarter was $(1.4) million, as $4.8 million of capital expenditures exceeded operating cash flow of $3.4 million. As of June 30, 2026, cash on hand was $10.2 million with $30.0 million of undrawn availability under the FCB ABL Credit Facility. Capital returns remained significant: in the quarter the company repurchased 470,088 shares for $2.5 million, and the board declared a $0.10 per share special dividend payable August 12, 2026, with total 2026 capital returned of about $12.1 million via repurchases and dividends.
The board approved a CFO transition effective January 1, 2027, with James Young to succeed current CFO Lee Beckelman. Beckelman will remain as a full-time advisor through May 31, 2030 under a new employment agreement. Management expects 2026 sales volumes to be 10%–20% higher than 2025 and to generate positive free cash flow for the year.
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.
Smart Sand, Inc. declared a special cash dividend of $0.10 per share on its common stock. The dividend is payable on August 12, 2026 to stockholders of record as of the close of business on July 28, 2026.
The company stated that, including this dividend, it has returned approximately $12 million to stockholders year to date in 2026 through dividends and share repurchases. Management attributes this capital return to strong sales volumes, a healthy balance sheet and disciplined cost management while continuing to invest in future growth.
Smart Sand, Inc. executive Christopher M. Green, Vice President of Accounting, reported a routine tax-withholding disposition on July 10, 2026. 1,717 shares of common stock were withheld at $4.80 per share upon vesting of restricted stock, leaving him with 49,905 shares held directly.
Smart Sand, Inc. CEO and director Charles Edwin Young reported routine share movements mainly tied to equity compensation rather than open‑market trading. A Form 4 entry shows an F‑code tax-withholding disposition of 5,811 shares of common stock at $5.45 per share, used to cover taxes on vesting restricted stock tied to his continued service.
After this tax withholding, Young directly holds 1,515,033 shares of Smart Sand common stock. He also has indirect ownership of 5,842,700 shares held by Keystone Cranberry, LLC, where he owns 67% of the membership interests, is the sole managing member, and has sole voting and investment power, while disclaiming beneficial ownership beyond his pecuniary interest.
Smart Sand, Inc. Chief Financial Officer Lee E. Beckelman had 3,321 shares of common stock withheld at $5.45 per share on June 5, 2026 to cover taxes due when restricted stock vested. This was a tax-withholding disposition, not an open-market trade. After this event, he directly owns 771,845 shares of Smart Sand common stock.
Smart Sand, Inc. reported that officer James Douglas Young had 2,500 shares of common stock withheld on June 5, 2026 to cover taxes owed when previously granted restricted stock vested. The shares were valued at $5.45 per share, and he now directly holds 372,928 shares. This was a compensation-related tax-withholding event, not an open-market sale.