MCGOVERN MICHAEL Y 4
4 · Cactus, Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Cactus (WHD) Director Michael McGovern Sells 12,000 Shares
What Happened
Michael McGovern, a director of Cactus, Inc. (WHD), sold 12,000 shares in an open-market sale on May 12, 2026. The shares were disposed at $56.57 each, for total proceeds of approximately $678,840. This was a sale (not a purchase or award), which is often routine and does not by itself indicate a change in company outlook.
Key Details
- Transaction date: 2026-05-12
- Transaction type/code: Open-market sale (S)
- Shares sold: 12,000
- Price per share: $56.57
- Total value: ~$678,840
- Filing date: 2026-05-14 (appears timely based on the reported transaction date)
- Shares owned after transaction: Not specified in the provided filing summary
- Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other special instruction disclosed in the summary provided
Context
Insider sales can reflect routine portfolio management, diversification, or other personal reasons and do not necessarily signal company performance changes. Because this filing reports a straightforward open-market sale by a director and no compensatory or derivative activity is noted, there is no indication from this transaction alone of strategic insider positioning.
Insider Transaction Report
- Sale
Class A Common Stock
2026-05-12$56.57/sh−12,000$678,840→ 15,990 total