4Filed Aug 19, 8:00 PM ET
Smart Sand (SND) EVP James Douglas Young Receives 62,893-Share Award
$SND · Smart Sand, Inc.Research Summary
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Smart Sand (SND) EVP James Douglas Young Receives 62,893-Share Award
What Happened
James Douglas Young, Executive Vice President, General Counsel and Secretary of Smart Sand, received a grant of 62,893 restricted shares on August 19, 2026. The shares were granted at $0.00 (award), so there was no cash purchase; the grant is recorded as an "A" (award/grant) transaction.
Key Details
- Transaction date: August 19, 2026; Form 4 filed August 20, 2026 (appears timely).
- Nature/price: Award of 62,893 restricted shares, acquired at $0.00.
- Vesting: Per filing footnote, the shares vest in four equal annual installments on each of the next four anniversaries of the grant, subject to continued employment/service.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
This is a standard restricted stock award to an executive and does not represent an open‑market purchase or sale. Such grants are common for compensation and retention; they become more economically meaningful as shares vest and if/when the executive sells them.