4Filed Aug 18, 8:00 PM ET
Smart Sand (SND) CFO Lee E. Beckelman Sells 50,000 Shares
$SND · Smart Sand, Inc.Research Summary
AI-generated summary of this SEC filing
Smart Sand (SND) CFO Lee E. Beckelman Sells 50,000 Shares
What Happened
Lee E. Beckelman, Chief Financial Officer of Smart Sand, Inc. (SND), sold 50,000 shares in an open-market transaction on August 19, 2026. The weighted average sale price was $4.79 per share, for total proceeds of approximately $239,500. This was a sale (liquidity) transaction rather than a purchase.
Key Details
- Transaction date: 2026-08-19 (open-market sale, code S)
- Price: weighted average $4.79; individual trades ranged from $4.74 to $4.89 per share (see footnote F1)
- Shares sold: 50,000; estimated proceeds: $239,500
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote: F1 states the reported price is a weighted average and the shares were sold in multiple transactions at prices between $4.74 and $4.89; reporting person will provide breakdown on request.
- Filing timeliness: Form filed on 2026-08-19; no late filing indicated in the provided data.
Context
Insider sales can be for many personal or financial reasons and do not alone indicate company performance. Retail investors often treat insider purchases as a stronger signal than routine sales, but sales by executives are still useful to track for timing and scale.