Smart Sand, Inc.·4

Mar 12, 4:26 PM ET

Pawlenty Timothy 4

Research Summary

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Smart Sand (SND) Director Timothy Pawlenty Sells 27,975 Shares

What Happened
Timothy Pawlenty, a director of Smart Sand, Inc. (SND), sold 27,975 shares on 2026-03-11 in transactions reported as sales. The filing reports a weighted average sale price of $3.66 per share for total proceeds of $102,389. The sale was reported to the SEC on 2026-03-12.

Key Details

  • Transaction date: 2026-03-11; Filing date: 2026-03-12 (timely filing).
  • Reported disposition: 27,975 shares sold; weighted average price $3.66; total proceeds ≈ $102,389.
  • Price range: shares were sold in multiple trades at prices between $3.64 and $3.70 (footnote states weighted average and availability of per-trade breakdown upon request).
  • Ownership after transaction: not specified in the summary provided here — see the full Form 4 for post-transaction holdings.
  • Transaction type: open-market/private sale (reported as "S"); no 10b5-1 plan, tax withholding, or other special codes cited in the provided data.

Context
Sales by directors can be routine (liquidity, diversification, tax needs) and do not necessarily signal a change in company outlook; purchases are generally considered a stronger signal of insider bullishness. For complete details (exact holdings after the sale or per-trade prices), review the full Form 4 (Accession 0001536307-26-000003) on the SEC EDGAR site.