YOUNG CHARLES EDWIN 4

What Happened Charles Edwin Young, a reported 10% owner of Smart Sand, Inc. (SND), had 5,811 shares withheld/disposed to cover tax withholding tied to the vesting of restricted stock. The shares were valued at $4.08 each for a total of $23,709 on March 17, 2026. The transaction is coded as "F" (shares withheld to satisfy tax obligations), which is a routine administrative disposition rather than an open-market sale.

Key Details

• Transaction date: March 17, 2026; Filing date: March 19, 2026 (appears timely).
• Shares disposed: 5,811 at $4.08 per share; total value $23,709.
• Transaction code: F — shares withheld to satisfy tax withholding upon vesting.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 confirms withholding occurred upon vesting based on continued service; F2 notes Mr. Young controls Keystone Cranberry, LLC (holds some shares) and disclaims beneficial ownership except for any pecuniary interest.

Context Tax-withholding dispositions on vesting are common and typically administrative; they do not necessarily indicate a change in the insider’s market view. As a 10% owner and manager of an entity (Keystone) that holds shares, Mr. Young’s broader holdings may be through that entity rather than held directly.