AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] Smart Sand, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Smart Sand, Inc. (SND) Executive Vice President of Last Mile Solutions, Ronald P. Whelan, filed a Form 4 showing an internal share-withholding transaction on 07/30/2025. Upon vesting of previously granted restricted stock, 5,080 common shares were automatically withheld (Code F) to satisfy tax obligations at $2.08 per share, trimming Whelan’s direct ownership to 449,608 shares. No open-market purchases, sales, or derivative transactions were reported, so the filing reflects an administrative, non-cash event rather than a directional trade.

Ronald P. Whelan, Vicepresidente Esecutivo delle Soluzioni Last Mile di Smart Sand, Inc. (SND), ha presentato un Modulo 4 che mostra una transazione interna di trattenuta azionaria il 30/07/2025. Al momento del vesting delle azioni ristrette precedentemente concesse, 5.080 azioni ordinarie sono state automaticamente trattenute (Codice F) per soddisfare gli obblighi fiscali al prezzo di 2,08$ per azione, riducendo la proprietà diretta di Whelan a 449.608 azioni. Non sono stati segnalati acquisti, vendite o transazioni con derivati sul mercato aperto, quindi la comunicazione riflette un evento amministrativo, senza movimentazioni in denaro, piuttosto che un'operazione direzionale.

Ronald P. Whelan, Vicepresidente Ejecutivo de Soluciones Last Mile de Smart Sand, Inc. (SND), presentó un Formulario 4 que muestra una transacción interna de retención de acciones el 30/07/2025. Al consolidarse las acciones restringidas previamente otorgadas, se retuvieron automáticamente 5.080 acciones comunes (Código F) para cumplir con las obligaciones fiscales a $2.08 por acción, reduciendo la propiedad directa de Whelan a 449,608 acciones. No se reportaron compras, ventas ni transacciones con derivados en el mercado abierto, por lo que la presentación refleja un evento administrativo, sin movimiento de efectivo, en lugar de una operación direccional.

Smart Sand, Inc.(SND)ì� ë¼ìФíŠ� ë§ˆì¼ ì†”ë£¨ì…� 부사장 Ronald P. Whelanì€ 2025ë…� 7ì›� 30ì� ë‚´ë¶€ ì£¼ì‹ ë³´ìœ  거래ë¥� 나타내는 Form 4ë¥� 제출했습니다. ì´ì „ì—� ë¶€ì—¬ëœ ì œí•œ 주ì‹ì� 확정ë˜ë©´ì„� 5,080ì£¼ì˜ ë³´í†µì£¼ê°€ 세금 ì˜ë¬´ë¥� 충족하기 위해 주당 2.08달러ë¡� ìžë™ ì°¨ê°(Code F)ë˜ì–´ Whelanì� ì§ì ‘ 보유 ì£¼ì‹ ìˆ˜ëŠ” 449,608주로 줄어들었습니ë‹�. 공개 시장ì—서ì� 매수, ë§¤ë„ ë˜ëŠ” 파ìƒìƒí’ˆ 거래ëŠ� ë³´ê³ ë˜ì§€ 않아, ì� ì œì¶œì€ ë°©í–¥ì„� 거래가 아닌 행정ì ì¸ 비현ê¸� ì´ë²¤íŠ¸ìž„ì� 나타냅니ë‹�.

Ronald P. Whelan, vice-président exécutif des solutions Last Mile chez Smart Sand, Inc. (SND), a déposé un formulaire 4 indiquant une opération interne de retenue d’actions le 30/07/2025. Lors de l’acquisition des actions restreintes précédemment accordées, 5 080 actions ordinaires ont été automatiquement retenues (Code F) pour satisfaire aux obligations fiscales au prix de 2,08 $ par action, réduisant la détention directe de Whelan à 449 608 actions. Aucune transaction d’achat, de vente ou dérivée sur le marché ouvert n’a été signalée, ce dépôt reflète donc un événement administratif, sans mouvement de trésorerie, plutôt qu’une opération directionnelle.

Ronald P. Whelan, Executive Vice President für Last Mile Solutions bei Smart Sand, Inc. (SND), reichte am 30.07.2025 ein Formular 4 ein, das eine interne Aktienrückbehaltstransaktion zeigt. Beim Erwerb der zuvor gewährten eingeschränkten Aktien wurden automatisch 5.080 Stammaktien (Code F) einbehalten, um Steuerverpflichtungen zu erfüllen, zum Preis von 2,08 USD pro Aktie. Dadurch reduzierte sich Whelans Direktbesitz auf 449.608 Aktien. Es wurden keine Käufe, Verkäufe oder Derivatgeschäfte am offenen Markt gemeldet, sodass die Meldung ein administratives, nicht zahlungswirksames Ereignis und keinen richtungsweisenden Handel darstellt.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Minor, non-cash insider withholding; negligible impact on float or sentiment.

The 5,080-share tax withholding is just 1.1% of Whelan’s stake and an immaterial 0.01% of SND’s 42 million shares outstanding. Code F transactions are routine payroll-tax items and do not signal valuation views. The insider retains a sizable position, so alignment with shareholders remains intact. Overall, the disclosure is administratively required and should not alter an investment thesis.

TL;DR: Routine Form 4; governance posture unchanged.

The filing demonstrates compliance with Section 16 reporting obligations within one business day, reflecting sound governance processes. No 10b5-1 plan was cited, but because the action is automatic share withholding, pre-clearance is typically unnecessary. There is no sign of preferential treatment, related-party dealings, or material dilution. Impact on governance risk is neutral.

Ronald P. Whelan, Vicepresidente Esecutivo delle Soluzioni Last Mile di Smart Sand, Inc. (SND), ha presentato un Modulo 4 che mostra una transazione interna di trattenuta azionaria il 30/07/2025. Al momento del vesting delle azioni ristrette precedentemente concesse, 5.080 azioni ordinarie sono state automaticamente trattenute (Codice F) per soddisfare gli obblighi fiscali al prezzo di 2,08$ per azione, riducendo la proprietà diretta di Whelan a 449.608 azioni. Non sono stati segnalati acquisti, vendite o transazioni con derivati sul mercato aperto, quindi la comunicazione riflette un evento amministrativo, senza movimentazioni in denaro, piuttosto che un'operazione direzionale.

Ronald P. Whelan, Vicepresidente Ejecutivo de Soluciones Last Mile de Smart Sand, Inc. (SND), presentó un Formulario 4 que muestra una transacción interna de retención de acciones el 30/07/2025. Al consolidarse las acciones restringidas previamente otorgadas, se retuvieron automáticamente 5.080 acciones comunes (Código F) para cumplir con las obligaciones fiscales a $2.08 por acción, reduciendo la propiedad directa de Whelan a 449,608 acciones. No se reportaron compras, ventas ni transacciones con derivados en el mercado abierto, por lo que la presentación refleja un evento administrativo, sin movimiento de efectivo, en lugar de una operación direccional.

Smart Sand, Inc.(SND)ì� ë¼ìФíŠ� ë§ˆì¼ ì†”ë£¨ì…� 부사장 Ronald P. Whelanì€ 2025ë…� 7ì›� 30ì� ë‚´ë¶€ ì£¼ì‹ ë³´ìœ  거래ë¥� 나타내는 Form 4ë¥� 제출했습니다. ì´ì „ì—� ë¶€ì—¬ëœ ì œí•œ 주ì‹ì� 확정ë˜ë©´ì„� 5,080ì£¼ì˜ ë³´í†µì£¼ê°€ 세금 ì˜ë¬´ë¥� 충족하기 위해 주당 2.08달러ë¡� ìžë™ ì°¨ê°(Code F)ë˜ì–´ Whelanì� ì§ì ‘ 보유 ì£¼ì‹ ìˆ˜ëŠ” 449,608주로 줄어들었습니ë‹�. 공개 시장ì—서ì� 매수, ë§¤ë„ ë˜ëŠ” 파ìƒìƒí’ˆ 거래ëŠ� ë³´ê³ ë˜ì§€ 않아, ì� ì œì¶œì€ ë°©í–¥ì„� 거래가 아닌 행정ì ì¸ 비현ê¸� ì´ë²¤íŠ¸ìž„ì� 나타냅니ë‹�.

Ronald P. Whelan, vice-président exécutif des solutions Last Mile chez Smart Sand, Inc. (SND), a déposé un formulaire 4 indiquant une opération interne de retenue d’actions le 30/07/2025. Lors de l’acquisition des actions restreintes précédemment accordées, 5 080 actions ordinaires ont été automatiquement retenues (Code F) pour satisfaire aux obligations fiscales au prix de 2,08 $ par action, réduisant la détention directe de Whelan à 449 608 actions. Aucune transaction d’achat, de vente ou dérivée sur le marché ouvert n’a été signalée, ce dépôt reflète donc un événement administratif, sans mouvement de trésorerie, plutôt qu’une opération directionnelle.

Ronald P. Whelan, Executive Vice President für Last Mile Solutions bei Smart Sand, Inc. (SND), reichte am 30.07.2025 ein Formular 4 ein, das eine interne Aktienrückbehaltstransaktion zeigt. Beim Erwerb der zuvor gewährten eingeschränkten Aktien wurden automatisch 5.080 Stammaktien (Code F) einbehalten, um Steuerverpflichtungen zu erfüllen, zum Preis von 2,08 USD pro Aktie. Dadurch reduzierte sich Whelans Direktbesitz auf 449.608 Aktien. Es wurden keine Käufe, Verkäufe oder Derivatgeschäfte am offenen Markt gemeldet, sodass die Meldung ein administratives, nicht zahlungswirksames Ereignis und keinen richtungsweisenden Handel darstellt.

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*
WHELAN RONALD P

(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)
07/30/2025
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 07/30/2025 F 5,080(1) D $2.08 449,608 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 of Last Mile Solutions of the Issuer.
/s/ Lee E. Beckelman as Attorney-in-Fact for Ronald P. Whelan 07/31/2025
** 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 did Smart Sand's EVP report on the latest Form 4?

5,080 shares were withheld to cover taxes when restricted stock vested; no open-market trades occurred.

How many Smart Sand (SND) shares does Ronald P. Whelan now hold?

After the withholding, he directly owns 449,608 common shares.

Was the Form 4 transaction a buy or sell?

Neither; it was a Code F tax-withholding event, an administrative share reduction.

What price was used for the tax-withheld shares?

Shares were valued at $2.08 each for tax purposes.

Does this Form 4 signal insider sentiment on SND stock?

No. Code F transactions are automatic and do not indicate a bullish or bearish view.
Smart Sand Inc

NASDAQ:SND

SND Rankings

SND Latest News

SND Latest SEC Filings

SND Stock Data

91.69M
29.06M
33.87%
25.61%
0.38%
Oil & Gas Equipment & Services
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
United States
YARDLEY