SPEAKER ANDREW R 4
4 · Smart Sand, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Smart Sand (SND) Chairman Andrew R. Speaker Withholds 12,469 Shares for Taxes
What Happened
- Andrew R. Speaker, Chairman of the Board and Senior Adviser at Smart Sand, had 12,469 shares withheld to cover tax obligations upon the vesting of restricted stock. The shares were valued at $5.19 each, totaling $64,714. The transaction is reported as a disposition (tax withholding), not an open-market sale.
Key Details
- Transaction date: 2026-02-28; Filing date: 2026-03-03.
- Price per share: $5.19; Total value of shares withheld: $64,714.
- Transaction code: F (shares withheld for taxes upon vesting of restricted stock).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing status: reported on Mar 3, 2026; the provided data does not indicate a late filing.
Context
- This was a tax-withholding event tied to the vesting of restricted stock (routine administrative disposition), not an indicator of an open-market sale or purchase. Such withholdings are common when equity awards vest and do not necessarily signal the insider's market view.
Insider Transaction Report
Form 4
SPEAKER ANDREW R
DirectorOther
Transactions
- Tax Payment
Common Stock
[F1]2026-02-28$5.19/sh−12,469$64,714→ 977,353 total
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.
Signature
/s/ Lee E. Beckelman as Attorney-in-Fact for Andrew R. Speaker|2026-03-03