other_material
confidence high
sentiment positive
materiality 0.55
Smart Sand adopts 10b5-1 plan to repurchase up to $1.5M in common stock
Smart Sand, Inc.
- Enters 10b5-1 trading plan for share repurchases up to $1.5 million (incl. commissions) under existing $10M program.
- Trades begin May 28, 2025; plan expires upon full use or August 11, 2025.
- Amends credit agreement with First-Citizens Bank to permit the plan, reaffirming existing obligations and collateral.
- Plan allows repurchases during blackout periods; broker executes trades per plan terms.
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