Smart Sand (SND) EVP & GC James Young Sells 47,030 Shares

What Happened
James Young, Executive Vice President, General Counsel and Secretary of Smart Sand, sold a total of 47,030 shares in open‑market transactions between Aug 20 and Aug 24, 2026. The sales consisted of 25,716 shares on Aug 20 (weighted avg. $4.83, proceeds ~$124,208), 19,078 shares on Aug 21 (weighted avg. $4.83, proceeds ~$92,147), and 2,236 shares on Aug 24 at $4.70 (proceeds ~$10,509). Total reported proceeds across the three trades are approximately $226,864. These were outright sales (dispositions), which are routine insider selling rather than purchases.

Key Details

• Transaction dates and reported prices:
  • 2026-08-20: 25,716 shares, weighted avg $4.83 (individual trade prices ranged $4.80–$4.88) — F1
  • 2026-08-21: 19,078 shares, weighted avg $4.83 (individual trade prices ranged $4.77–$4.92) — F2
  • 2026-08-24: 2,236 shares at $4.70
• Total shares sold: 47,030; total proceeds: ~$226,864.
• Shares owned after transaction: Not specified in the data provided.
• Notable footnotes: Reported prices for the Aug 20 and Aug 21 sales are weighted averages across multiple trades; the filer offers to disclose the per‑trade breakdown on request (see F1, F2).
• Filing timeliness: Form 4 filed Aug 24, 2026. Given the transactions occurred Aug 20–24, the filing appears to have been made within standard Form 4 timing requirements (no late‑filing indication in the provided data).

Context
These were open‑market sales by a company officer. Sales alone do not necessarily indicate negative company prospects — they can be for personal or routine reasons. For retail investors, purchases generally carry clearer bullish signals than routine officer sales; treat this filing as disclosure of insider liquidity rather than a directional endorsement.