{"url_path":"/sec/snd/8-k/2026-08-11/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-08-11","source_url":"https://www.sec.gov/Archives/edgar/data/1529628/0001529628-26-000096-index.html","accession_number":"0001529628-26-000096","cik":"0001529628","ticker":"SND","issuer_name":"Smart Sand, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1529628/0001529628-26-000096-index.html","primary_entity_key":"0001529628","primary_entity_name":"Smart Sand, Inc."},"word_count":536,"has_tables":true,"body_markdown":"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nDeparture of Chief Financial Officer\n\nOn August 6, 2026, the Company and Lee Beckelman agreed that Mr. Beckelman will cease serving as the Company’s Chief Financial Officer, effective as of January 1, 2027 (the “Effective Date”). As part of the transition, on August 10, 2026, the Company and Mr. Beckelman entered into an Employment Agreement (the “Employment Agreement”), under which Mr. Beckelman will continue to be employed by the Company full time as an advisor to the Chief Financial Officer through May 31, 2030. Under the Employment Agreement, the Company will pay to Mr. Beckelman an annual salary of $200,000 in 2027 and $150,000 each year thereafter, prorated for any partial year of service. Mr. Beckelman will be eligible for an annual discretionary bonus as determined by the Company’s CEO and CFO. Mr. Beckelman will also be eligible to participate in the employee benefit plans available to the Company’s employees. Mr. Beckelman will not receive any new awards under the Company’s long-term equity incentive plan after the Effective Date, but his outstanding restricted stock awards will continue to vest, subject to his continuing employment, in accordance with their original vesting terms; provided that, pursuant to an amendment to his outstanding award agreements, in the event of Mr. Beckelman’s death, disability or termination of employment without cause, the portion of Mr. Beckelman's outstanding restricted stock awards that would have vested in the year of such death, disability or termination will vest in full. In addition, in the event of Mr. Beckelman's termination of employment by the Company without cause during the term of the Employment Agreement, Mr. Beckelman will be entitled to receive 12 months of continued base salary and benefits participation at active employee rates. Mr. Beckelman will be subject to customary restrictions on competition and solicitation of customers and employees, in each case, for 12 months following his termination of employment for any reason.\n\nThe foregoing description of the Employment Agreement does not purport to be complete and is qualified in its entirety by the full text of the Employment Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.\n\nAppointment of Chief Financial Officer\n\nOn August 6, 2026, the Company appointed James Young as the Company’s Chief Financial Officer, succeeding Mr. Beckelman in the role as of the Effective Date.\n\nMr. Young, age 47, has served as the Company’s Executive Vice President, General Counsel and Secretary since June 2017. Prior to joining the Company, Mr. Young was a partner of the law firm Fox Rothschild LLP, where he worked for thirteen years and served as the Company’s outside general counsel. Mr. Young received a J.D. from Rutgers University School of Law and a B.A. in History and Political Science from the University of Toronto. Mr. Young is the brother of Charles E. Young, our Chief Executive Officer and member of our board of directors, and William John Young, our Chief Operating Officer.\n\nThe material terms of Mr. Young’s compensation arrangements in connection with his new appointment has not yet been determined as of the date of this report."}