Smart Sand COO William Young Receives Restricted Stock Award

What Happened
William John Young, Chief Operating Officer of Smart Sand, was granted 62,893 shares of restricted stock on August 19, 2026. The grant was reported on a Form 4 filed August 20, 2026. The award is recorded at $0.00 per share (total cash paid $0) and is an equity award—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-20 (appears timely).
• Transaction type/code: A — Award/Grant (restricted stock).
• Shares granted: 62,893; price shown: $0.00; cash paid: $0.
• Shares owned after transaction: not specified in the filing.
• Plan: Issued under the Issuer's 2026 Equity Incentive Plan.
• Footnote: Grant vests in four equal annual installments on each of the next four anniversaries of the grant date, subject to continued employment. (See footnote F1.)

Context
This is a standard executive compensation award and not a sale or purchase that signals immediate insider buying or selling. Restricted share grants are typically used for retention and align executive pay with company performance; shares will vest over four years and only become transferable per the vesting terms.