Beckelman Lee E 4
4 · Smart Sand, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Smart Sand CFO Lee E. Beckelman Sells 3,321 Shares
What Happened
Lee E. Beckelman, Chief Financial Officer of Smart Sand, Inc. (SND), had 3,321 shares withheld to cover tax withholding related to the vesting of restricted stock. The shares were valued at $5.45 each, for a total withholding of $18,099. This was a tax-withholding disposition (reported with transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (filed within the SEC’s two-business-day window).
- Disposition: 3,321 shares at $5.45 per share; total value $18,099.
- Transaction code: F — payment of exercise price or tax liability (here, tax withholding on vested restricted stock).
- Footnote: F1 — shares were withheld for tax purposes upon vesting of restricted stock tied to continued service.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
Withholding shares to cover taxes on vested restricted stock is a routine administrative action and does not necessarily signal a change in the insider’s view of the company. This is different from an open-market sale, which can be more informative about an insider’s market sentiment.
Insider Transaction Report
Form 4
Beckelman Lee E
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-06-05$5.45/sh−3,321$18,099→ 771,845 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|2026-06-09