KISZKA ROBERT 4
Research Summary
AI-generated summary
Smart Sand (SND) EVP Robert Kiszka Sells 2,591 Shares
What Happened
- Robert Kiszka, Executive Vice President of Operations at Smart Sand (SND), had 2,591 shares withheld on 2026-03-17 to cover tax obligations triggered by the vesting of restricted stock. The shares were valued at $4.08 each for a total of $10,571. This is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-17; Filing date: 2026-03-19 (appears timely — within the typical 2-business-day Form 4 window).
- Shares withheld/disposed: 2,591 at $4.08 per share; total value ~$10,571.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Withholding was done to satisfy tax liabilities upon vesting of restricted stock tied to continued service.
- F2: Some holdings are held by an LLC of which Kiszka is the sole member; he disclaims beneficial ownership of LLC assets except to the extent of his pecuniary interest.
- Transaction code: F (tax withholding on vesting).
Context
- This action is a routine tax-withholding event tied to equity vesting and does not necessarily signal a personal decision to sell shares on the open market. For investors, purchases or open-market sales by insiders can be more informative about sentiment than withholding transactions like this one.