YOUNG WILLIAM JOHN 4

What Happened William John Young, Chief Operating Officer of Smart Sand, had 3,885 shares withheld to satisfy tax withholding related to the vesting of restricted stock. The filing reports the shares were valued at $4.08 each for a total of $15,851. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-17 at $4.08 per share
• Shares withheld/disposed: 3,885 — total value ~$15,851
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote: F1 — shares withheld to cover taxes upon vesting of restricted stock tied to continued employment
• Filing date/timeliness: Form filed 2026-03-19 reporting the 3/17 transaction — appears timely
• Transaction code meaning: "F" = shares withheld for tax/payment obligations (a disposition for tax purposes)

Context This was a routine tax-withholding action upon restricted stock vesting and should not be interpreted as an opportunistic sale or a direct signal of the insider's view on the company. Withheld shares reduce the insider's share count used to cover tax obligations rather than representing an open-market exit.