Form 4: Cactus, Inc. Executive William D. Marsh Reports Stock Sale
SEC Form 4 Filing
William D. Marsh, GC, EVP and Secretary of Cactus, Inc., reports the sale of 2,059 shares of Class A Common Stock on May 9, 2024.
Summary
- On May 9, 2024, William D. Marsh, GC, EVP and Secretary of Cactus, Inc., sold 2,059 shares of Class A Common Stock.
- The sale price was $51.03 per share.
- Following the transaction, Marsh directly owns 1,852 shares of Cactus, Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: William D. Marsh sold 2,059 shares of Class A Common Stock. |
| 05/09/2024 | Date of signature for the Form 4 filing. |
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