WHD.NYSECactus, INC

Form 4: Cactus, Inc. Director Michael McGovern Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4

📋All filings for Cactus, INC
🔒Login to Follow

Director Michael McGovern reports acquisition and disposal of Cactus, Inc. Class A Common Stock and Restricted Stock Units.

Summary

  • On March 12, 2025, Michael McGovern, a director of Cactus, Inc., filed a Form 4 with the SEC detailing changes in his beneficial ownership of the company's securities.
  • The report indicates that on March 11, 2025, McGovern acquired 3,116 shares of Class A Common Stock through the vesting of restricted stock units.
  • Also on March 11, 2025, McGovern disposed of 3,116 restricted stock units.
  • On March 10, 2025, McGovern was granted 2,524 restricted stock units, vesting on the first anniversary of the grant date.
  • Following these transactions, McGovern directly owns 25,466 shares of Class A Common Stock and 5,640 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

DateDescription
03/11/2024Reporting person was granted 3,116 restricted stock units, vesting on the first anniversary of the grant date.
03/10/2025Reporting person was granted 2,524 restricted stock units, vesting on the first anniversary of the grant date.
03/11/2025Acquisition of 3,116 shares of Class A Common Stock through vesting of restricted stock units and disposal of 3,116 restricted stock units.
03/12/2025Date of Form 4 filing.

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.