Form 4: Cactus WH Enterprises, LLC Reports Distribution of Class B Common Stock and Units
SEC Form 4 Filing
Cactus WH Enterprises, LLC reports the distribution of Class B Common Stock and Units to its members following redemptions of ownership interests.
Summary
- On April 5, 2024, Cactus WH Enterprises, LLC distributed 10,859 shares of Class B Common Stock to its members.
- This distribution was in connection with certain redemptions of ownership interests in the Reporting Entity.
- The Reporting Entity also distributed 10,859 Units to such members.
- Following the reported transactions, Cactus WH Enterprises, LLC beneficially owns 12,381,444 shares of Class B Common Stock.
- The Units represent ownership interests in Cactus Companies, LLC, where Cactus, Inc. is the sole managing member.
- Holders of Units have rights to cause Cactus Companies to acquire their Units for either Class A Common Stock or an equivalent amount of cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions related to ownership interests. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of transaction: Distribution of Class B Common Stock and Units. |
| 04/08/2024 | Date of signature for the report. |
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.