YOUNG WILLIAM JOHN 4

What Happened

• William John Young, Chief Operating Officer of Smart Sand, Inc. (SND), had 12,260 restricted shares withheld to cover tax obligations upon vesting. The shares were valued at $5.25 each, totaling $64,365. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-22
• Price per share: $5.25; Total value withheld: $64,365
• Shares withheld/disposed: 12,260 (code F — tax withholding upon vesting)
• Footnote: F1 — shares were withheld for tax purposes upon vesting of restricted stock tied to continued service.
• Filed: Form 4 submitted 2026-02-24 reporting the 2026-02-22 event (no late-filing flag indicated in the record)
• Shares owned after transaction: Not specified in the provided filing excerpt

Context

• This was a routine tax-withholding event related to the vesting of restricted stock, which reduces the insider’s reported share count but is not the same as an active sale of shares on the market. Such transactions are common when restricted awards vest and generally do not, by themselves, signal changes in insider sentiment.