Cactus owner distributes 100K Class B shares
Cactus, Inc. ten-percent owner Cactus WH Enterprises, LLC reported disposing of 100,000 Units and 100,000 shares of Class B Common Stock on October 1, 2026.
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Rhea-AI Filing Summary
Cactus, Inc. ten-percent owner Cactus WH Enterprises, LLC reported disposing of 100,000 Units and 100,000 shares of Class B Common Stock on October 1, 2026. The reported resulting positions were 9,061,249 Units and 9,061,249 shares of Class B Common Stock, respectively. Related notes state that Units and Class B Common Stock were distributed to certain members in connection with redemptions of ownership interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Units F2, F3, F4 | 100,000 | -- | -- |
| Other | Class B Common Stock F1 | 100,000 | -- | -- |
Footnotes (4)
- F1. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company operating agreement of the Reporting Entity, the Reporting Entity distributed Class B Common Stock to such members.
- F2. "Units" mean ownership interests in Cactus Companies, LLC ("Cactus Companies"). The Issuer is the sole managing member of Cactus Companies.
- F3. The 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.
- F4. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Units to such members.
Key Figures
Key Terms
Units financial
redemption ratio financial
sole managing member technical
conversion rate adjustments financial
FAQ
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