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Smart Sand Inc (NASDAQ: SND) director Francis Michael Porcelli sold a total of 250,000 shares in two SEC‑filed transactions on March 4–5, 2026.
He disposed of 100,000 shares on March 4 at an average price of $4.03 (about $403,000) and 150,000 shares on March 5 at an average price of $4.02 (about $603,000), for combined proceeds of roughly $1.006 million.
After the March 4 sale his reported holding was 1,019,060 shares and following the March 5 sale it fell to 869,060 shares.
Shares have traded around $4.02–$4.10 in early March; Smart Sand’s market value is roughly $170–180 million.
The company, which supplies high‑purity silica (frac) sand to the oil and gas and industrial sectors, reported better‑than‑expected February quarter results (revenue $86.05 million; EPS $0.03) and on Feb. 26 authorised a $20 million buyback program (up to about 8.9% of shares). Institutional ownership is substantial (about 35%), and recent filings show mixed insider activity over the past year.
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🕰️ The Story So Far: An Evolving Timeline
Thursday, March 12, 2026 24:04 UTC
Smart Sand Director Sells 375,000 Shares
Friday, March 6, 2026 02:52 UTC
Smart Sand Director Francis Porcelli Sells Shares







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