Smart Sand (SND) CFO Lee E. Beckelman Receives Award

What Happened

• Lee E. Beckelman, Chief Financial Officer of Smart Sand, Inc. (SND), was granted 62,893 restricted shares on August 19, 2026. The Form 4 reports the award as an acquisition at $0.00 per share (transaction code A). This is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: August 19, 2026; Form 4 filed August 20, 2026 (timely filing).
• Transaction type/code: Award (A); 62,893 shares; reported price $0.00.
• Vesting: Per footnote, the restricted shares vest in four equal annual installments on each of the next four anniversaries of the grant, subject to continued employment.
• Shares owned after transaction: Not specified in the filing.
• Other notes: No 10b5-1 plan, tax withholding, or late-filing flags reported.

Context

• Restricted stock grants are a form of compensation that typically cannot be sold until they vest and may be forfeited if the recipient leaves before vesting. Such awards inform on how insiders are compensated but do not by themselves indicate a buy or sell view of the company's stock.