Smart Sand Management

Management criteria checks 2/4

Smart Sand's CEO is Charles Young, appointed in Jul 2014, has a tenure of 10.33 years. total yearly compensation is $1.58M, comprised of 36% salary and 64% bonuses, including company stock and options. directly owns 2.68% of the company’s shares, worth €2.67M. The average tenure of the management team and the board of directors is 8.8 years and 12.4 years respectively.

Key information

Charles Young

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	36.0%
CEO tenure	10.3yrs
CEO ownership	2.7%
Management average tenure	8.8yrs
Board average tenure	12.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charles Young's remuneration changed compared to Smart Sand's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$6m
Jun 30 2024	n/a	n/a	US$1m
Mar 31 2024	n/a	n/a	US$8m
Dec 31 2023	US$2m	US$567k	US$5m
Sep 30 2023	n/a	n/a	US$12m
Jun 30 2023	n/a	n/a	US$8m
Mar 31 2023	n/a	n/a	US$2m
Dec 31 2022	US$1m	US$525k	-US$703k
Sep 30 2022	n/a	n/a	-US$16m
Jun 30 2022	n/a	n/a	-US$26m
Mar 31 2022	n/a	n/a	-US$53m
Dec 31 2021	US$2m	US$525k	-US$51m
Sep 30 2021	n/a	n/a	-US$41m
Jun 30 2021	n/a	n/a	US$2m
Mar 31 2021	n/a	n/a	US$34m
Dec 31 2020	US$739k	US$489k	US$38m
Sep 30 2020	n/a	n/a	US$43m
Jun 30 2020	n/a	n/a	US$18m
Mar 31 2020	n/a	n/a	US$28m
Dec 31 2019	US$2m	US$525k	US$32m
Sep 30 2019	n/a	n/a	US$25m
Jun 30 2019	n/a	n/a	US$26m
Mar 31 2019	n/a	n/a	US$22m
Dec 31 2018	US$2m	US$512k	US$20m
Sep 30 2018	n/a	n/a	US$34m
Jun 30 2018	n/a	n/a	US$29m
Mar 31 2018	n/a	n/a	US$22m
Dec 31 2017	US$2m	US$500k	US$22m

Compensation vs Market: Charles's total compensation ($USD1.58M) is above average for companies of similar size in the German market ($USD471.14K).

Compensation vs Earnings: Charles's compensation has increased whilst the company is unprofitable.

CEO

Charles Young (56 yo)

10.3yrs

Tenure

US$1,575,212

Compensation

Mr. Charles Edwin Young is the Founder of Smart Sand, Inc., and has been its Chief Executive Officer since July 2014. Mr. Young serves as Chief Executive Officer of Smart Sand GP LLC. He served the Preside...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Speaker	Chairman of the Board & Senior Advisor on Special Projects	13.2yrs	US$133.78k	2.25% € 2.2m
Charles Young	CEO & Director	10.3yrs	US$1.58m	2.68% € 2.7m
Lee Beckelman	Chief Financial Officer	10.3yrs	US$878.23k	1.46% € 1.5m
William Young	Chief Operating Officer	6.6yrs	US$796.14k	1.13% € 1.1m
Christopher Green	Vice President of Accounting & Controller	1.8yrs	no data	0.11% € 107.7k
James Young	Executive VP	7.4yrs	US$1.12m	0.66% € 655.6k
Ronald Whelan	Executive Vice President of Sales	6.4yrs	no data	0.86% € 860.6k
Robert Kiszka	Executive Vice President of Operations	10.5yrs	US$518.61k	2.1% € 2.1m

8.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 1SD's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Speaker	Chairman of the Board & Senior Advisor on Special Projects	13.2yrs	US$133.78k	2.25% € 2.2m
Charles Young	CEO & Director	13.2yrs	US$1.58m	2.68% € 2.7m
Francis Porcelli	Independent Director	3.8yrs	US$89.78k	2.52% € 2.5m
Timothy Pawlenty	Independent Director	12.4yrs	US$102.28k	0.49% € 486.8k
Sharon Spurlin	Independent Director	9.8yrs	US$102.28k	0.47% € 466.7k

12.4yrs

Average Tenure

61yo

Average Age

Experienced Board: 1SD's board of directors are seasoned and experienced ( 12.4 years average tenure).

Smart Sand Management

Management criteria checks 2/4

Key information

Recent management updates

Insider recently sold €59k worth of stock

Smart Sand, Inc., Annual General Meeting, Jun 04, 2024

Insufficient new directors

Smart Sand, Inc. Announces the Resignation of Jos E. Feliciano from the Board of Directors and from the Compensation Committee of the Board, Effective December 31, 2023

Key Executive recently sold €137k worth of stock

Chief Operating Officer recently sold €173k worth of stock

Recent updates

Third quarter 2024 earnings released: US$0.003 loss per share (vs US$0.18 profit in 3Q 2023)

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Smart Sand, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Smart Sand, Inc. (NasdaqGS:SND) announces an Equity Buyback for $10 million worth of its shares.

Insider recently sold €59k worth of stock

Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.17 profit in 2Q 2023)

Smart Sand, Inc. to Report Q2, 2024 Results on Aug 13, 2024

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: US$0.006 loss per share (vs US$0.087 loss in 1Q 2023)

Smart Sand, Inc. to Report Q1, 2024 Results on May 13, 2024

Smart Sand, Inc., Annual General Meeting, Jun 04, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$0.12 (vs US$0.017 loss in FY 2022)

Insufficient new directors

Smart Sand, Inc. to Report Q4, 2023 Results on Mar 11, 2024

Smart Sand, Inc. Announces the Resignation of Jos E. Feliciano from the Board of Directors and from the Compensation Committee of the Board, Effective December 31, 2023

Key Executive recently sold €137k worth of stock

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0.18 (vs US$0.063 in 3Q 2022)

Smart Sand, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Investor sentiment deteriorates as stock falls 16%

Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.002 loss in 2Q 2022)

Smart Sand, Inc. to Report Q2, 2023 Results on Aug 08, 2023

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 17%

First quarter 2023 earnings released: US$0.087 loss per share (vs US$0.14 loss in 1Q 2022)

Full year 2022 earnings released: US$0.017 loss per share (vs US$1.21 loss in FY 2021)

Smart Sand, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Third quarter 2022 earnings released: EPS: US$0.063 (vs US$0.17 loss in 3Q 2021)

Smart Sand, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: US$0.002 loss per share (vs US$0.65 loss in 2Q 2021)

Smart Sand, Inc. to Report Q2, 2022 Results on Aug 09, 2022

Chief Operating Officer recently sold €173k worth of stock

Chief Financial Officer recently sold €154k worth of stock

First quarter 2022 earnings released: US$0.14 loss per share (vs US$0.094 loss in 1Q 2021)

Smart Sand, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Now 28% undervalued

Smart Sand, Inc. to Report Q1, 2022 Results on May 11, 2022

Key Executive recently sold €279k worth of stock

Smart Sand, Inc. (NasdaqGS:SND) acquired Hi-Crush Blair LLC from Hi-Crush Inc. for $6.4 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Smart Sand, Inc. to Report Q4, 2021 Results on Mar 08, 2022

Third quarter 2021 earnings released: US$0.17 loss per share (vs US$0.91 profit in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: US$0.65 loss per share (vs US$0.12 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

Chief Operating Officer recently sold €113k worth of stock

Investor sentiment improved over the past week

First quarter 2021 earnings released: US$0.094 loss per share (vs US$0.002 loss in 1Q 2020)

Investor sentiment improved over the past week

Executive VP recently sold €105k worth of stock

Full year 2020 earnings released: EPS US$0.94 (vs US$0.79 in FY 2019)

Revenue beats expectations

New 90-day high: €2.80

Smart Sand, Inc. Announces Board and Committee Changes

Independent Director has left the company

Investor sentiment improved over the past week

New 90-day high: €2.22

Smart Sand, Inc. to Report Q4, 2020 Results on Mar 02, 2021

Smart Sand, Inc.(NasdaqGS:SND) dropped from Russell 2000 Dynamic Index

Co-Chairman of the Board recently sold €85k worth of stock

New 90-day high: €1.73

New 90-day high: €1.41

Third quarter 2020 earnings released: EPS US$0.91

Revenue beats expectations

Smart Sand, Inc. to Report Q3, 2020 Results on Nov 09, 2020

Smart Sand, Inc. (NasdaqGS:SND) acquired Eagle Oil & Gas Proppants Holdings LLC from Eagle Materials Inc. (NYSE:EXP) for $2.1 million.

First half earnings released