4Filed Aug 4, 8:00 PM ET

Cactus (WHD) CEO Stephen Tadlock Sells 38,455 Shares

$WHD · Cactus, Inc.

Research Summary

AI-generated summary of this SEC filing

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Cactus (WHD) CEO Stephen Tadlock Sells 38,455 Shares

What Happened

  • Stephen Tadlock, EVP and CEO of Cactus, Inc. (WHD), disposed of 38,455 shares in an open-market sale on August 3, 2026, at $63.80 per share, totaling approximately $2,453,506.
  • The Form 4 also reports a separate 435-share gift (G) on the same date; the gift transaction shows $0 proceeds.

Key Details

  • Transaction date: August 3, 2026. Filing date (Form 4): August 5, 2026 (timely within the two-business-day window).
  • Sale: 38,455 shares at $63.80 each — total proceeds ≈ $2,453,506.
  • Gift: 435 shares, reported as disposed with $0 proceeds.
  • Shares owned after the transaction: not specified in the materials provided.
  • No 10b5-1 trading plan, tax-withholding, or other special footnotes were disclosed in the filing excerpt provided.

Context

  • Sales by executives can be routine (diversification, cash needs, tax planning) and do not necessarily signal a change in view; gifts are commonly for estate planning or charitable purposes and do not reflect market sentiment.
  • This filing records a significant dollar-value sale by the CEO (~$2.45M); retail investors may note the size but should combine this with other insider activity and company fundamentals before drawing conclusions.