[144] Cactus, Inc. SEC Filing

Rhea-AI Filing Summary

Cactus, Inc. (WHD) filed a Form 144 reporting a proposed sale of 10,172 Class A common shares through Merrill Lynch on the NYSE with an approximate aggregate market value of $427,224. The shares were acquired by the filer on 03/17/2025 through the vesting of restricted stock units (RSUs) from Cactus Inc., and the filer indicates no securities sold in the past three months. The filing shows total shares outstanding of 68,574,875 and lists the approximate sale date as 09/09/2025. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.

Positive

• Transparent disclosure of broker, acquisition date, and sale details fulfilling Rule 144 reporting requirements
• Securities were acquired via RSU vesting, providing a clear, non‑market purchase origin

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Form 144 disclosing an insider sale of vested RSUs worth $427k via Merrill Lynch; appears procedural and non‑material on its face.

The filing documents a planned sale of 10,172 Class A shares acquired by RSU vesting on 03/17/2025, with an aggregate market value of $427,224 and an anticipated sale date of 09/09/2025 on the NYSE. No prior sales in the past three months are reported, and the filer makes the customary statement regarding material nonpublic information. From a compliance and disclosure standpoint, the form meets Rule 144 requirements by identifying acquisition date, nature of acquisition, broker, and intended sale timing. Without additional context on insider holdings, trading plans, or company size, this appears to be a standard insider liquidity event rather than a company‑moving development.

Corporate Governance Expert

TL;DR: Filing reflects standard insider reporting—RSU vesting followed by planned public sale—aligns with disclosure norms under Rule 144.

The notice identifies the source of the shares as RSU vesting and supplies broker and sale details required for public transparency. The form includes the attestations required of the seller regarding material nonpublic information. There is no indication of an adopted 10b5‑1 plan or additional restrictions disclosed in the filing. As submitted, the document satisfies the procedural disclosure obligations but does not provide further governance signals such as planned retained holdings or use of sale proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Class A	Merrill Lynch 2800 Post Oak Blvd #2200 Houston TX 77056	10172	427224.00	68574875	09/09/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	03/17/2025	Vesting of RSU Units	Cactus Inc			10172	03/17/2025	na

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Cactus, Inc. (WHD) report?

The form reports a proposed sale of 10,172 Class A common shares with an aggregate market value of $427,224 via Merrill Lynch on the NYSE.

When were the shares acquired and how?

The shares were acquired on 03/17/2025 through the vesting of RSU units from Cactus Inc.

What is the approximate date of the planned sale?

The filing lists the approximate sale date as 09/09/2025.

How many shares outstanding does the filing list?

The filing shows 68,574,875 shares outstanding for the Class A common stock.

Were there any sales by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.