WHELAN RONALD P 4

What Happened

• Ronald P. Whelan, Executive Vice President of Last Mile Solutions at Smart Sand, had 2,614 shares disposed/withheld to cover tax withholding tied to the vesting of restricted stock. The shares were valued at $4.08 each, totaling approximately $10,665. This was a tax-withholding transaction (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-03-17; filing date: 2026-03-19 (timely filing).
• Price: $4.08 per share; Shares withheld/disposed: 2,614; Total value ≈ $10,665.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld to satisfy tax obligations upon RSU vesting based on continued employment.
• Transaction code: F (tax withholding), not a buy (P) or sale (S) in the open market.

Context

• This was a routine tax-withholding event tied to the vesting of restricted stock and does not necessarily signal a change in the insider’s view of the company. Such withholdings are common and typically executed to satisfy payroll/tax obligations rather than to realize investment gains.