Tombar Tymothi O. 4
Research Summary
AI-generated summary
Cactus (WHD) Director Tombar Tymothi O. Receives RSU Award, Vests 2,524
What Happened
Tombar Tymothi O., a director of Cactus, had 2,524 restricted stock units (RSUs) that vested on March 10, 2026 and were converted into shares. Those 2,524 shares show up in the filing as an exercise/conversion (derivative) with a corresponding disposition (likely tax withholding). On the same date the director was granted 2,559 new RSUs (award), each to convert into one share upon vesting. No cash amounts were reported for these transactions (grant and conversion reported at $0).
Key Details
- Transaction date: March 10, 2026.
- Vesting/conversion: 2,524 RSUs vested (reported as derivative exercise/conversion); corresponding disposition of 2,524 shares also reported (likely tax withholding).
- New grant: 2,559 RSUs awarded on March 10, 2026; vest on the first anniversary of the grant (March 10, 2027) per footnote.
- Reported prices/values: grant and conversion entries listed at $0 or N/A in the filing; no cash proceeds reported.
- Shares owned after transaction: not specified in this Form 4.
- Filing timeliness: Form 4 filed March 12, 2026 for transactions on March 10, 2026 (appears timely within Form 4 reporting window).
- Relevant footnotes: F1 explains RSUs convert 1-for-1 into Class A common stock on vesting; F2 documents the new 2,559-RSU grant (vesting in one year); F3 documents the 2,524-RSU grant on March 10, 2025 that vested this year.
Context
RSU vesting and grants are compensation events and do not represent open-market purchases or discretionary sales by the insider. The conversion + immediate disposition pattern is common when shares are withheld to satisfy tax obligations (the filing shows conversion and a matching disposition). The new RSU grant is a forward-looking award that will only become shares if and when it vests next year.