SEC Form 4 · accession 0001628280-26-055360
Cactus, Inc. · WHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Bender
Officer — COO, EVP and CEO-SpoolableTech
Period of report
Aug 6, 2026
Accepted (ET)
Aug 10, 2026 · 5:21 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001699136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | Aug 6, 2026 | A | 25,000 | — | A | 25,000 | D | |
| Class B Common StockF2 | Aug 6, 2026 | D | 25,000 | — | D | 0 | D | |
| Class A Common StockF3 | Aug 6, 2026 | J | 25,000 | — | A | 124,241 | D | |
| Class A Common Stock | Aug 7, 2026 | S | 25,000 | $67.6489 | D | 99,241 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitsF4,F5 | — | Aug 6, 2026 | A | 0 | A | — | — | Class A Common Stock | 25,000 | 0 | D |
| UnitsF4,F6,F5 | — | Aug 6, 2026 | J | 0 | D | — | — | Class A Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The Reporting Person redeemed a portion of his ownership interests in Cactus WH Enterprises, LLC ("Cactus Enterprises") pursuant to the first amended and restated limited liability company agreement of Cactus Enterprises, in return for which Cactus Enterprises distributed to the Reporting Person, a corresponding number of shares of Class B Common Stock and a corresponding number of Units (as defined below).
- F2In connection with the redemption of Units, as described below, the Reporting Person disposed of a corresponding number of shares of Class B Common Stock, which shares were cancelled by the Issuer.
- F3In connection with the redemption of Units, as described below, the Reporting Person acquired a corresponding number of shares of Class A Common Stock.
- F4"Units" mean ownership interests in Cactus Companies, LLC ("Cactus Companies"). The Issuer is the sole managing member of Cactus Companies.
- F5The amended and restated limited liability company operating agreement of Cactus Companies provides the holders of Units with certain rights to cause Cactus Companies to acquire all or at least a minimum portion of their Units for, at Cactus Companies election, (x) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an equivalent amount of cash.
- F6The Units were redeemed for Class A Common Stock on August 6, 2026.