Form 4: Cactus, Inc. Director Gary L. Rosenthal Reports Share Donation
SEC Form 4 Filing
Director Gary L. Rosenthal of Cactus, Inc. reported a donation of 7,000 Class A Common Stock shares.
Summary
- Gary L. Rosenthal, a director at Cactus, Inc., filed a Form 4 indicating a change in beneficial ownership.
- The transaction involved a donation of 7,000 shares of Class A Common Stock on November 11, 2024.
- Following the transaction, Rosenthal directly owns 10,183 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not contain any information that would significantly impact sentiment.
Industry Context
This is a routine filing related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors, in accordance with SEC regulations.
- The donation of shares by a director is not unusual and can be for various reasons, including charitable contributions or estate planning.
Stakeholder Impact
- The share donation has a minor impact on the total number of shares outstanding, but is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of the share donation transaction. |
| 11/12/2024 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Director, Share Donation, Cactus, Inc., WHD, Gary L. Rosenthal, Class A Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.