Smart Sand (SND) Director Timothy Pawlenty Receives 18,868-Share Award

What Happened Timothy Pawlenty, a director of Smart Sand, Inc. (SND), was granted 18,868 shares of restricted stock on August 19, 2026. The grant was reported at $0.00 per share (transaction value $0 as an award). This was a time‑based equity award (compensation) rather than an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-08-19, 18,868 shares, $0.00 per share.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The shares are restricted stock that vest on the one‑year anniversary of the grant date, subject to Pawlenty’s continued service with the company (per the issuer’s 2026 Equity Incentive Plan).
• Filing timeliness: Reported on Form 4 filed 2026-08-20 (the day after the grant), suggesting a timely filing.

Context Restricted stock awards are a common form of director/executive compensation to align interests and typically vest over time; they do not represent an immediate purchase or sale of stock. Vesting conditions mean the shares may be forfeited if the director leaves before the vesting date, and the award alone should not be interpreted as a direct market sentiment signal.