Form 4: Cactus Inc. Chairman and CEO Scott Bender Reports Changes in Beneficial Ownership

Scott Bender, Chairman and CEO of Cactus Inc., reports changes in beneficial ownership of Class B Common Stock and Units due to redemptions by other members of Cactus WH Enterprises, LLC.

Summary

• On May 16, 2025, and May 19, 2025, Cactus Enterprises distributed Class B Common Stock and Units to certain members as part of redemptions of ownership interests.
• Scott Bender, Chairman and CEO of Cactus Inc., did not participate in these redemptions, and no shares or units were distributed to him or entities he controls.
• Following these transactions, Bender indirectly beneficially owns 9,987,309 shares of Class B Common Stock through his ownership interest in Cactus Enterprises.
• Bender disclaims beneficial ownership of any securities he does not directly own, except to the extent of his indirect pecuniary interest.
• The reported securities are directly owned by Cactus Enterprises, and Bender may be deemed to have an indirect pecuniary interest due to his ownership in Cactus Enterprises.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting changes in stock ownership. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for executives and major shareholders of publicly traded companies. It doesn't necessarily indicate a change in the company's performance or outlook but provides transparency into the ownership structure.

Key Dates

Keywords

beneficial ownership, Cactus Inc., Scott Bender, Class B Common Stock, Units, redemption, Cactus Enterprises, Cactus Companies