Green Christopher M. 4

What Happened
Christopher M. Green, Vice President of Accounting at Smart Sand, had 1,717 shares withheld to cover tax withholding upon the vesting of restricted stock. The shares were valued at $4.80 each, for a total of approximately $8,242. This was a tax-withholding event tied to RSU vesting — a routine administrative transaction, not an open‑market sale or purchase.

Key Details

• Transaction date and price: July 10, 2026 — 1,717 shares withheld at $4.80 per share.
• Value: ~ $8,242 withheld to satisfy tax obligations.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — shares were withheld for tax purposes upon the vesting of restricted stock tied to continued service.
• Filing: Form 4 filed July 13, 2026; filing appears to be timely (no late filing indicated).

Context
Withholding shares to cover taxes on vested RSUs is common and administrative. It reduces the insider’s outstanding shares but does not reflect an open-market sale or new purchase intent. Retail investors should view this as a routine tax-related action rather than a signal of the insider’s market outlook.