Form 4: Cactus Inc. COO Steven Bender Executes Stock and Unit Transactions

Steven Bender, Chief Operating Officer of Cactus, Inc., engaged in transactions involving Class A and Class B Common Stock and Units, resulting in adjustments to his holdings.

Summary

• On November 6, 2024, Steven Bender, the Chief Operating Officer of Cactus, Inc., redeemed a portion of his ownership interests in Cactus WH Enterprises, LLC.
• In return, he received shares of Class B Common Stock and Units in Cactus Companies, LLC.
• Concurrently, he disposed of 100,000 shares of Class B Common Stock, which were then cancelled by the Issuer.
• He also acquired 100,000 shares of Class A Common Stock in connection with the redemption of Units.
• A portion of Class A Common Stock was sold at $65.35 per share.
• Following these transactions, Bender directly owns 57,567 shares of Class A Common Stock and no Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in ownership.

Industry Context

This filing reflects insider transactions, which are routinely monitored by investors to gauge management's perspective on the company's value and future prospects. Significant changes in holdings can sometimes influence market sentiment.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock.

Key Dates