Research Summary
AI-generated summary of this SEC filing
Cactus (WHD) 10% Owner Disposes 100,000 Shares
What Happened
Cactus WH Enterprises, LLC, a reported 10% owner of Cactus, Inc. (WHD), reported two disposition entries on 2026-09-01: a disposal of 100,000 shares (Class B common stock) and a related disposition of 100,000 derivative-linked interests. No per-share price or cash value was reported (N/A). These transactions were recorded as "other acquisition or disposition" (transaction code J) and reflect distributions tied to member redemptions rather than an open-market sale.
Key Details
- Transaction date: 2026-09-01; Form filed: 2026-09-02 (appears timely).
- Reported transactions: 100,000 shares disposed; an additional 100,000 derivative-linked units disposed.
- Price / value: Not reported (N/A) in the filing.
- Transaction code: J (other acquisition or disposition). One entry is identified as a derivative disposition.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes: distributions of Class B common stock and/or Units occurred in connection with member redemptions under the Cactus Companies, LLC operating agreement; Units may be redeemable for Class A common stock or cash per the LLC agreement.
Context
- This filing involves a 10% owner (an institutional/ownership entity), not an individual executive — such changes often reflect corporate or LLC-level restructurings and member redemptions rather than personal trading decisions.
- The derivative entry reflects movement of equity-linked units/rights rather than a standard option exercise or market sale.
- Because no price or proceeds are reported, the filing does not indicate the transaction’s cash impact or signal a simple buy/sell valuation.