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

Director Joel Bender reports changes in beneficial ownership of Cactus, Inc. stock due to redemptions of ownership interests in Cactus WH Enterprises, LLC.

Summary

• On April 1, 2025, Joel Bender, a director, 10% owner, and President of Cactus, Inc., reported changes in his beneficial ownership of the company's securities.
• These changes resulted from redemptions of ownership interests in Cactus WH Enterprises, LLC ('Cactus Enterprises') by certain members.
• Cactus Enterprises distributed Class B Common Stock and Units to these members.
• Bender did not participate in these redemptions, and no shares or units were distributed to him or entities he controls.
• Following these transactions, Bender's directly owned Class B Common Stock remains at 59,930 shares.
• His indirectly owned Class B Common Stock through Cactus Enterprises remains at 10,100,429 shares.
• He also indirectly owns 10,100,429 Units through Cactus Enterprises.
• Bender disclaims beneficial ownership of securities he does not directly own, except for his indirect pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in ownership. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for directors and officers of publicly traded companies. It doesn't necessarily indicate a strategic shift for Cactus, Inc.

Key Dates

Keywords

beneficial ownership, Form 4, Cactus, Inc., Joel Bender, redemption, Class B Common Stock, Units, Cactus WH Enterprises, securities