Young James Douglas 4

What Happened
James D. Young, Executive Vice President, General Counsel and Secretary of Smart Sand, had 2,500 shares withheld to cover tax obligations upon the vesting of restricted stock. The withholding was recorded at $4.08 per share for a total value of $10,200. This was a tax-withholding action (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (timely filing).
• Withheld shares: 2,500 at $4.08 per share; total value listed as $10,200.
• Transaction code: F (shares withheld for taxes upon vesting of restricted stock).
• Footnote: F1 — withholding represents shares retained to satisfy tax liabilities tied to vesting based on continued service.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a tax withholding related to restricted stock vesting (a routine, administrative transaction), not a deliberate sale or market trade that signals a change in insider sentiment.
• For retail investors, purchases or open-market sales by insiders can be more informative; tax withholding simply reduces the insider’s outstanding vested shares to cover taxes.