Smart Sand, Inc. adopted a Rule 10b5-1 trading plan on May 15, 2026, to facilitate up to $2.5 million in share repurchases starting June 1, 2026, under its existing buyback programs.
Key takeaways
Entered Rule 10b5-1 trading plan on May 15, 2026, for share repurchases.
Authorizes purchases up to $2.5 million including commissions.
Trades begin no earlier than June 1, 2026, and end by August 10, 2026 or full amount.
Daily volume limited to Rule 10b-18 maximum.
No obligation to repurchase specific shares or at specific times.
Supports repurchases during blackout periods per insider trading rules.