Form 4: Cactus, Inc. Executive Donna L. Anderson Reports Stock Transactions
SEC Form 4
Donna L. Anderson, VP & Chief Accounting Officer of Cactus, Inc., reports the vesting and subsequent sale of Class A Common Stock to cover tax obligations.
Summary
- On March 11, 2024, Donna L. Anderson, VP & Chief Accounting Officer of Cactus, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- Anderson acquired shares through the vesting of restricted stock units and disposed of shares to cover tax withholding obligations.
- Specifically, 2,478, 1,402 and 969 Restricted Stock Units vested and were converted to Class A Common Stock.
- A total of 1,990 shares were disposed of to cover tax obligations at prices of $46.53 and $46.6 per share.
- Following these transactions, Anderson directly owns 6,682 shares of Class A Common Stock and 5,925 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/10/2023 | Reporting person was granted 7,434 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/11/2021 | Reporting person was granted 4,205 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/11/2022 | Reporting person was granted 2,907 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/11/2024 | Date of transactions involving Class A Common Stock and Restricted Stock Units. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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