---
schema_version: "secwatch.filing_event.v1"
accession: "0001529628-25-000132"
form_type: "8-K"
ticker: "SND"
cik: "0001529628"
company_name: "Smart Sand, Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T17:58:21.312792+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Smart Sand adopts 10b5-1 plan to repurchase up to $2.5M in shares

## Summary
- Plan adopted under existing $10M buyback program; caps repurchases at $2.5M.
- Trades begin no earlier than December 8, 2025 and end March 2, 2026 or when $2.5M used.
- Daily purchases limited to maximum volume under Rule 10b-18.
- Broker has discretion; no obligation to buy any specific number of shares.

## SEC filing metadata
- accession: 0001529628-25-000132
- form_type: 8-K
- ticker: SND
- cik: 0001529628
- company_name: Smart Sand, Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529628/000152962825000132/0001529628-25-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529628/000152962825000132/snd-20251120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529628-25-000132
- JSON: https://secwatch.observer/filing/0001529628-25-000132.json
- Plain text: https://secwatch.observer/filing/0001529628-25-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.