BuybackMay 15, 2026, 04:44 PM
Smart Sand Establishes $2.5M 10b5-1 Share Repurchase Plan
AI Summary
Smart Sand, Inc. has established a Rule 10b5-1 trading plan on May 15, 2026, to facilitate its previously announced share repurchase programs. This plan allows for the repurchase of up to $2.5 million in shares, including commissions. Purchases are set to begin no earlier than June 1, 2026, and will conclude upon the full utilization of the $2.5 million or by August 10, 2026, whichever occurs first.
Key Highlights
- Smart Sand entered a Rule 10b5-1 trading plan on May 15, 2026.
- The plan facilitates previously announced share repurchase programs.
- It permits purchases up to a total of $2.5 million, including commissions.
- Trades under the plan will commence no earlier than June 1, 2026.
- The plan will cease upon full use of $2.5 million or by August 10, 2026.
- Daily purchase volume will adhere to Rule 10b-18 limits.
Price Impact
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