Form 4: Cactus, Inc. Director Bruce Rothstein Reports Stock Unit Activity

Director Bruce Rothstein reports the vesting and grant of restricted stock units in Cactus, Inc.

Summary

• Bruce Rothstein, a director of Cactus, Inc., reported transactions involving restricted stock units.
• On March 11, 2024, 2,037 restricted stock units vested, resulting in the delivery of 2,037 shares of Class A common stock.
• Additionally, on the same date, Rothstein was granted 3,116 new restricted stock units, which will vest on the first anniversary of the grant date.
• Following these transactions, Rothstein directly owns 12,177 shares of Class A Common Stock and 3,116 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock unit transactions, with neutral sentiment.

Positives

• The vesting of restricted stock units indicates confidence in the company's future performance.

Future Outlook

The director will receive Class A common stock for each vested restricted stock unit in the future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company stock by its directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.

Next Steps

• The newly granted restricted stock units will vest on the first anniversary of the grant date.

Key Dates