Cactus (WHD) director adds 2,524 shares as 2,559 new RSUs granted

Rhea-AI Filing Summary

Cactus, Inc. director Michael Y. McGovern reported compensation-related equity activity. On March 10, 2026, he was granted 2,559 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A common stock, vesting on the first anniversary of the grant date.

The filing also shows the vesting and exercise of 2,524 RSUs that were originally granted on March 10, 2025, resulting in the acquisition of 2,524 shares of Class A common stock at a price of $0.00 per share. Following these transactions, McGovern directly holds 27,990 shares of Class A common stock and 5,083 RSUs.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCGOVERN MICHAEL Y

(Last) (First) (Middle)

920 MEMORIAL CITY WAY

SUITE 300

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cactus, Inc. [ WHD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/10/2026		M		2,524	A	(1)	27,990	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/10/2026		A		2,559		(2)	(2)	Class A Common Stock	2,559	$0	5,083	D
Restricted Stock Units	(1)	03/10/2026		M			2,524	(3)	(3)	Class A Common Stock	2,524	$0	2,559	D

Explanation of Responses:

1. Restricted stock units represent a contingent right to receive Class A common stock. Upon vesting, one share of Class A common stock will be delivered for each vested restricted stock unit.

2. On March 10, 2026, the reporting person was granted 2,559 restricted stock units, vesting on the first anniversary of the grant date.

3. On March 10, 2025, the reporting person was granted 2,524 restricted stock units, vesting on the first anniversary of the grant date.

Remarks:

	/s/ Michael McGovern, by William Marsh as Attorney-in-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Cactus (WHD) director Michael McGovern report?

Michael McGovern reported equity compensation activity, not open-market trading. He received 2,559 new restricted stock units and 2,524 previously granted RSUs vested and converted into 2,524 Class A common shares, increasing his direct ownership position in Cactus, Inc.

How many Cactus (WHD) shares did Michael McGovern acquire through RSU vesting?

McGovern acquired 2,524 shares of Cactus Class A common stock through the vesting and exercise of 2,524 restricted stock units granted on March 10, 2025. These shares were issued at a stated price of $0.00 per share as part of his equity compensation.

What new restricted stock unit grant did Cactus (WHD) report for Michael McGovern?

On March 10, 2026, McGovern was granted 2,559 restricted stock units. Each RSU represents a contingent right to receive one share of Class A common stock and will vest on the first anniversary of the grant date, subject to the award’s terms.

What are Michael McGovern’s Cactus (WHD) holdings after these Form 4 transactions?

After the reported transactions, McGovern directly holds 27,990 shares of Cactus Class A common stock and 5,083 restricted stock units. The RSUs represent additional potential future shares, deliverable upon vesting and settlement under the company’s equity compensation terms.

Do the Cactus (WHD) Form 4 transactions involve insider stock sales?

The reported activity consists entirely of equity awards and RSU vesting, not open-market sales. All three transactions are coded as acquisitions, including one new RSU grant and the exercise of previously granted RSUs into Class A common shares at a price of $0.00 per share.