Smart Sand (SND) EVP Robert Kiszka Receives Restricted Stock Award

What Happened
Robert Kiszka, Executive Vice President of Operations at Smart Sand, was granted 41,929 restricted shares on August 19, 2026. The report shows an acquisition price of $0.00 (no cash paid). This was an award/grant (not a purchase or sale).

Key Details

• Transaction date: 2026-08-19; Filing date: 2026-08-20 (filed next day).
• Shares granted: 41,929 restricted shares; reported acquisition price: $0.00 (total $0 as recorded).
• Vesting: Grants vest in four equal annual installments on each of the next four anniversaries of the grant date, subject to continued employment (Footnote F1).
• Holdings/ownership note: Some holdings are reported as held by an LLC of which Kiszka is the sole member; he disclaims beneficial ownership of LLC-held securities except to the extent of any pecuniary interest (Footnote F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Filing appears timely (filed one day after the reported transaction).

Context
Restricted stock awards are commonly used for retention and compensation; they do not indicate an immediate market purchase or sale since shares vest over time and are typically subject to forfeiture if employment ends. This grant should be viewed as compensation-related rather than a direct insider market signal.