Smart Sand (SND) VP Christopher M. Green Receives Restricted Stock Award

What Happened Christopher M. Green, Vice President of Accounting at Smart Sand, Inc. (SND), was granted 12,176 restricted shares on August 19, 2026. The shares were issued at an acquisition price of $0.00 (report shows $0 total cost), reflecting a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-19 (Form 4 filed 2026-08-20). Transaction code: A (award/grant).
• Shares granted: 12,176 restricted common shares; reported price $0.00; total reported cash consideration $0.
• Vesting: Grant vests in four equal annual installments on each of the next four anniversaries of the grant date, subject to continued service/employment (footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• No tax‑withholding or sale noted in this filing; no 10b5-1 plan or late filing indicated.

Context Restricted stock awards are a form of equity compensation that generally vest over time and are subject to forfeiture if the employee leaves before vesting. These grants are common in executive and senior staff compensation and align employees’ interests with shareholders; they do not represent an immediate cash outlay by the insider and do not indicate a market buy or sell.