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 April 1, 2025, Scott Bender, Chairman and CEO of Cactus Inc., filed a Form 4 to report changes in his beneficial ownership of the company's securities.
• The changes resulted from redemptions of ownership interests in Cactus WH Enterprises, LLC ('Cactus Enterprises') by other members.
• Cactus Enterprises distributed Class B Common Stock and Units to those members.
• Bender 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 10,100,429 shares of Class B Common Stock and 10,100,429 Units 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.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Cactus Inc., Scott Bender, Class B Common Stock, Units, Redemption, Cactus WH Enterprises