Cactus (WHD) 10% Owner Scott Bender Sells 86,700 Shares

What Happened Scott Bender, a reported 10% owner of Cactus, Inc. (WHD), sold 86,700 shares on 2026-07-30 at $57.62 per share, generating proceeds of $4,995,481. The transaction is reported as a sale (S) and is described as an open market or private sale. Sales are generally routine dispositions and do not by themselves signal company performance.

Key Details

• Transaction date and price: 2026-07-30, 86,700 shares at $57.62 each.
• Total proceeds: $4,995,481.
• Shares owned after transaction: Not specified in the information provided in this summary / filing excerpt.
• Footnote: The shares sold were reported as sold by Bender Investment Company pursuant to a Rule 10b5-1 trading plan; Scott Bender has an ownership interest in that entity and disclaims beneficial ownership except for his pecuniary interest.
• Filing timeliness: Form 4 was filed on 2026-08-03. Given the trade date of 2026-07-30, this filing date falls within the SEC’s typical two-business-day reporting window and is not marked late.

Context

• A 10b5-1 trading plan allows insiders or related entities to sell preplanned amounts at preset times; such sales can be routine and do not necessarily reflect current sentiment about the company.
• As a 10% owner and through an investment company, this transaction is institutional in nature rather than a direct executive trade.