Beckelman Lee E 4

What Happened Lee E. Beckelman, Chief Financial Officer of Smart Sand, Inc. (SND), had 10,632 shares disposed (withheld) to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were accounted at $5.25 each, totaling about $55,818. This was a tax-withholding disposition upon vesting, not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-02-22; price used for withholding: $5.25 per share.
• Shares disposed/withheld: 10,632; aggregate value ≈ $55,818.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld for tax purposes upon vesting of restricted stock that vests based on continued employment/service.
• Filing: Form 4 filed 2026-02-24 (covers the 2026-02-22 transaction); this appears timely (Form 4 is generally due within two business days).

Context This transaction is a routine tax-withholding event tied to restricted stock vesting. Such withholdings are administrative and do not necessarily indicate the insider's view of the company's stock — they are not open-market sales that signal intent.