WHELAN RONALD P 4
4 · Smart Sand, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Smart Sand (SND) Exec Ronald Whelan Sells 8,756 Shares for Taxes
What Happened
Ronald P. Whelan, Executive Vice President of Last Mile Services at Smart Sand (SND), had 8,756 shares withheld to satisfy tax withholding obligations when restricted stock vested. The shares were valued at $5.25 each, totaling approximately $45,969. This was a withholding-for-taxes disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-02-22; Filing date: 2026-02-24 (appears timely).
- Shares withheld/disposed: 8,756 at $5.25 per share; total value ~$45,969.
- Nature of transaction: Code F — shares withheld to cover taxes upon vesting of restricted stock.
- Footnote: F1 confirms withholding was to satisfy tax obligations tied to vesting based on continued service.
- Shares owned after transaction: not disclosed in this Form 4 filing.
- No indication of a 10b5-1 plan or a late filing in this report.
Context
Withholding shares to cover taxes on vested restricted stock is a common administrative action and generally does not signal a change in insider sentiment. This is not an open-market sale or a purchased position; it reflects payroll/tax settlement associated with equity compensation.
Insider Transaction Report
Form 4
WHELAN RONALD P
SEE REMARKS
Transactions
- Tax Payment
Common Stock
[F1]2026-02-22$5.25/sh−8,756$45,969→ 448,510 total
Footnotes (1)
- [F1]Represents shares withheld for tax purposes upon the vesting of restricted stock granted to the Reporting Person, the vesting of which is based on the Reporting Person's continued employment with or service to the Issuer on the applicable vesting date.
Signature
/s/ Lee E. Beckelman as Attorney-in-Fact for Ronald P. Whelan|2026-02-24