Form 4: Cactus Inc. Chairman and CEO Scott Bender Sells 78,000 Shares
SEC Filing
Scott Bender, Chairman and CEO of Cactus Inc., sold 78,000 shares of Class A Common Stock on March 4, 2024, at a price of $45.79 per share.
Summary
- On March 4, 2024, Scott Bender, the Chairman and CEO of Cactus Inc. (WHD), sold 78,000 shares of Class A Common Stock.
- The sale price was $45.79 per share.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an insider. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale in various ways.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This sale by the CEO could be for personal financial management reasons and may or may not reflect a change in sentiment regarding the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of transaction: Scott Bender sold 78,000 shares of Cactus Inc. Class A Common Stock. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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