SPEAKER ANDREW R 4

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.