Bender Scott 4
4 · Cactus, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Cactus (WHD) 10% Owner Scott Bender Sells 63,963 Shares
What Happened
Scott Bender, identified as a 10% owner of Cactus, Inc. (WHD), sold 63,963 shares on March 5, 2026 in an open-market or private sale. The reported sale price was $50.74 per share, for gross proceeds of approximately $3,245,483. This was a sale (S), which is typically a routine disposition rather than a bullish signal.
Key Details
- Transaction date and price: March 5, 2026 — 63,963 shares sold at $50.74/share.
- Total value: Approximately $3,245,483 (gross proceeds).
- Shares owned after transaction: Not disclosed in the filing.
- Filing date: Reported on SEC Form 4 filed March 9, 2026 (within the standard reporting window for Form 4).
- Footnote: The filing notes these shares were sold by Bender Investment Company. Scott Bender has an ownership interest in that entity and disclaims beneficial ownership of the sold shares except to the extent of his pecuniary interest.
Context
As a 10% owner, this transaction represents activity by an affiliated investment entity rather than necessarily a direct, personal sale. The footnote clarifies the shares were sold by the investment company, which is common for holdings managed through related entities. Sales by insiders can be routine portfolio or tax-related actions and do not by themselves indicate a change in company fundamentals.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-05$50.74/sh−63,963$3,245,483→ 242,838 total
Footnotes (1)
- [F1]The shares reported as sold represent the cumulative number of shares sold by Bender Investment Company. The reporting person has an ownership interest in Bender Investment Company and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.