Form 4: Cactus, Inc. Director Joel Bender Reports Changes in Beneficial Ownership

Joel Bender, a director at Cactus, Inc., reports acquisition and disposal of Class A Common Stock on March 17, 2025, according to a Form 4 filing.

Summary

• On March 17, 2025, Joel Bender, a director at Cactus, Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
• Bender acquired 38,760 shares of Class A Common Stock related to performance share units granted in 2022.
• He also disposed of 15,253 shares to satisfy tax withholding obligations.
• Following these transactions, Bender beneficially owns 193,666 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports transactions related to compensation and tax obligations. The acquisition of shares due to performance is mildly positive, but the disposal for tax purposes is neutral.

Positives

• The acquisition of shares reflects the achievement of performance goals, indicating positive performance for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates transactions by a company insider, which is closely monitored by investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Class A Common Stock, Cactus, Inc., Joel Bender, Director, WHD, Transaction