Smart Sand, Inc. Files DEF 14A for 2024 Annual Meeting
Ticker: SND · Form: DEF 14A · Filed: Apr 24, 2024 · CIK: 1529628
Sentiment: neutral
Topics: DEF 14A, Smart Sand, Executive Compensation, Annual Meeting, Proxy Statement
TL;DR
<b>Smart Sand, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the 2024 annual meeting, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023.</b>
AI Summary
Smart Sand, Inc. (SND) filed a Proxy Statement (DEF 14A) with the SEC on April 24, 2024. Smart Sand, Inc. filed a DEF 14A on April 24, 2024. The filing covers the period ending December 31, 2023. The company's fiscal year ends on December 31st. Smart Sand, Inc. is incorporated in Delaware. The company's business and mailing address is 1000 Floral Vale Boulevard, Suite 225, Yardley, PA 19067.
Why It Matters
For investors and stakeholders tracking Smart Sand, Inc., this filing contains several important signals. This filing provides crucial information for shareholders regarding executive compensation, director nominations, and voting matters ahead of the annual meeting. Shareholders can review the company's financial performance and executive pay structures to make informed voting decisions.
Risk Assessment
Risk Level: low — Smart Sand, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational impact.
Analyst Insight
Shareholders should review the executive compensation details and any proposed resolutions to inform their voting decisions at the upcoming annual meeting.
Key Numbers
- 2024-04-24 — Filing Date (Date the DEF 14A was filed.)
- 2023-12-31 — Reporting Period End Date (The end date for the fiscal year covered by the filing.)
- 1231 — Fiscal Year End (The company's fiscal year end date.)
Key Players & Entities
- Smart Sand, Inc. (company) — Filer name
- DEF 14A (regulator) — Filing type
- 2024-04-24 (date) — Filing date
- 2023-12-31 (date) — Reporting period end date
- 1000 Floral Vale Boulevard, Suite 225, Yardley, PA 19067 (address) — Company business and mailing address
- DE (state) — State of incorporation
FAQ
When did Smart Sand, Inc. file this DEF 14A?
Smart Sand, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 24, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Smart Sand, Inc. (SND).
Where can I read the original DEF 14A filing from Smart Sand, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Smart Sand, Inc..
What are the key takeaways from Smart Sand, Inc.'s DEF 14A?
Smart Sand, Inc. filed this DEF 14A on April 24, 2024. Key takeaways: Smart Sand, Inc. filed a DEF 14A on April 24, 2024.. The filing covers the period ending December 31, 2023.. The company's fiscal year ends on December 31st..
Is Smart Sand, Inc. a risky investment based on this filing?
Based on this DEF 14A, Smart Sand, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational impact.
What should investors do after reading Smart Sand, Inc.'s DEF 14A?
Shareholders should review the executive compensation details and any proposed resolutions to inform their voting decisions at the upcoming annual meeting. The overall sentiment from this filing is neutral.
How does Smart Sand, Inc. compare to its industry peers?
Smart Sand, Inc. operates in the mining and quarrying of nonmetallic minerals sector, specifically focusing on industrial sand used in various applications.
Are there regulatory concerns for Smart Sand, Inc.?
The DEF 14A filing is a standard requirement under the Securities Exchange Act of 1934 for public companies soliciting proxies from shareholders.
Industry Context
Smart Sand, Inc. operates in the mining and quarrying of nonmetallic minerals sector, specifically focusing on industrial sand used in various applications.
Regulatory Implications
The DEF 14A filing is a standard requirement under the Securities Exchange Act of 1934 for public companies soliciting proxies from shareholders.
What Investors Should Do
- Review the Summary Compensation Table for details on executive pay.
- Examine the director nominations and any proposals presented for shareholder vote.
- Understand the company's corporate governance practices outlined in the filing.
Key Dates
- 2024-04-24: Filing of DEF 14A — Provides details on executive compensation and corporate governance for the fiscal year ending 2023.
Year-Over-Year Comparison
This is the initial DEF 14A filing for the 2024 annual meeting, providing updated information compared to previous filings.
Filing Stats: 4,784 words · 19 min read · ~16 pages · Grade level 11.8 · Accepted 2024-04-24 16:17:50
Key Financial Figures
- $0.001 — 42,356,632 shares of our common stock, $0.001 par value per share, were issued and ou
Filing Documents
- snd-20240424.htm (DEF 14A) — 425KB
- snd-20240424_g1.jpg (GRAPHIC) — 15KB
- snd-20240424_g2.jpg (GRAPHIC) — 3KB
- snd-20240424_g3.jpg (GRAPHIC) — 2KB
- snd-20240424_g4.jpg (GRAPHIC) — 94KB
- snd-20240424_g5.jpg (GRAPHIC) — 104KB
- snd-20240424_g6.jpg (GRAPHIC) — 496KB
- snd-20240424_g7.jpg (GRAPHIC) — 185KB
- 0001529628-24-000095.txt ( ) — 2931KB
- snd-20240424.xsd (EX-101.SCH) — 4KB
- snd-20240424_def.xml (EX-101.DEF) — 5KB
- snd-20240424_lab.xml (EX-101.LAB) — 8KB
- snd-20240424_pre.xml (EX-101.PRE) — 4KB
- snd-20240424_htm.xml (XML) — 78KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 14 PROPOSAL NO. 2: RATIFICATION OF THE SELECTION OF GRANT THORNTON LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 202 4 21 REPORT OF THE AUDIT COMMITTEE 23 PROPOSAL NO. 3: ADVISORY VOTE ON EXECUTIVE COMPENSATION 24 DELINQUENT 16(a) REPORTS 25 STOCKHOLDER PROPOSALS 25 STOCKHOLDER COMMUNICATIONS 25 OTHER MATTERS 25 WHERE YOU CAN FIND MORE INFORMATION 26 PROXY CARD i Table of Contents Smart Sand, Inc. 1000 Floral Vale Boulevard, Suite 225 Yardley, Pennsylvania 19067 PROXY STATEMENT 2024 ANNUAL MEETING OF STOCKHOLDERS The enclosed proxy is solicited by the board of directors of Smart Sand, Inc. (the "Company," "we" or "us") for use at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held on Tuesday, June 4, 2024, at 9:00 a.m. , central time, and at any continuation, adjournment or postponement thereof. This year's Annual Meeting will be a virtual meeting of stockholders. You will be able to attend the Annual Meeting online, vote your shares electronically and submit your questions during the Annual Meeting by visiting www.virtualshareholdermeeting.com/SND2024 . You will not be able to attend the Annual Meeting in person. GENERAL INFORMATION ABOUT THE ANNUAL MEETING AND VOTING Important Notice of Internet Availability of Proxy Materials for the Annual Meeting to be Held on Tuesday, June 4, 2024. This proxy statement and our 2023 Annual Report, which includes our Annual Report on Form 10-K for the year ended December 31, 2023, are being made available to you on or about April 25, 2024 at www.proxyvote.com . Pursuant to rules adopted by the Securities and Exchange Commission ("SEC"), we have elected to provide access to our proxy materials over the internet. Accordingly, we are sending a Notice of Internet Availability of Proxy Materials to our stockholders. Stockholders have the ability to access our proxy materials on the website ref