Young James Douglas 4
Research Summary
AI-generated summary
Smart Sand (SND) EVP James Young Withholds 2,500 Shares for Taxes
What Happened
- James Douglas Young, Executive Vice President, General Counsel and Secretary of Smart Sand, had 2,500 shares withheld to cover tax obligations related to the vesting of restricted stock. The withholding was recorded as a disposition at $5.45 per share, totaling $13,625. This was a tax-withholding event (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-06-05 at $5.45 per share.
- Shares withheld/disposed: 2,500; total value $13,625.
- Shares owned after transaction: Not specified in the filing.
- Transaction code/footnote: Code F — shares were withheld for tax purposes upon vesting of restricted stock (Footnote F1).
- Filing timing: Report filed 2026-06-09 for a 2026-06-05 transaction (appears to be outside the typical 2-business-day Form 4 window).
Context
- This was a routine tax-withholding action tied to RSU vesting, not a voluntary market sale or purchase; such withholdings are common and generally do not signal insider sentiment. The reporting person’s role is executive-level (EVP, General Counsel & Secretary).