Form 4: Cactus Inc. Executive Stephen Tadlock Reports Share Acquisition and Tax Withholding
SEC Form 4 Filing
Stephen Tadlock, EVP and CEO of Spoolable Tech at Cactus Inc., reports acquiring shares through performance share units and disposing of shares to cover tax obligations.
Summary
- On March 17, 2025, Stephen Tadlock acquired 15,504 shares of Class A Common Stock due to the vesting of performance share units granted in 2022.
- These units were earned based on performance over the three-year period ending December 31, 2024, as approved by the Compensation Committee.
- Also on March 17, 2025, 6,101 shares were disposed of at $45 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Tadlock directly owns 55,098 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation and tax obligations. There are no explicit positive or negative indicators about the company's overall performance.
Positives
- The acquisition of shares indicates that performance targets were met, reflecting positively on the company's performance during the specified period.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about executive stock transactions, providing transparency into management's holdings.
Key Dates
| Date | Description |
|---|---|
| 2022 | Grant date of the performance share units. |
| December 31, 2024 | End of the three-year performance period for the performance share units. |
| 03/17/2025 | Date of share acquisition and disposal for tax withholding. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stephen Tadlock, Cactus Inc., WHD, Class A Common Stock, Performance Share Units, Tax Withholding
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