Utley Tana Leigh 4

What Happened Tana Leigh Utley, a director of Cactus, Inc. (ticker: WHD), was granted 2,586 restricted stock units (RSUs) on May 12, 2026. The award was recorded at $0.00 per unit (no cash paid); the RSUs are a derivative award that convert to one share of Class A common stock per vested unit upon vesting.

Key Details

• Transaction date: 2026-05-12; filing date: 2026-05-13 (filed the next day, timely).
• Grant: 2,586 RSUs, price reported $0.00 (award/derivative transaction, code A).
• Vesting: RSUs vest on the first anniversary of the grant (May 12, 2027) per footnote.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU gives a contingent right to one Class A share at vesting; F2 — confirms 2,586 RSUs granted and the one‑year vesting schedule.
• No indication of a 10b5-1 plan, tax withholding election, or immediate sale.

Context RSU grants are a common form of director compensation and do not involve immediate share issuance or cash outlay; value is realized only if and when units vest and convert to shares. Such awards are routine and do not by themselves signal a buy or sell decision by the insider. Retail investors should note the one‑year cliff vesting before these RSUs convert into tradable shares.