Bender-linked entity sells 63,963 Cactus (WHD) shares at $50.74 each

Rhea-AI Filing Summary

Cactus, Inc. director, president and 10% owner Joel Bender reported an open-market sale of 63,963 shares of Class A common stock at $50.74 per share. The shares were sold by Bender Investment Company, an entity in which he has an ownership interest. After the transaction, he reported 163,830 shares of Class A common stock held directly.

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

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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^*

Bender Joel

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

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		S		63,963(1)	D	$50.74	163,830	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

Explanation of Responses:

1. The shares reported as sold represent the cumulative number of shares sold by Bender Investment Company. The reporting person has an ownership interest in Bender Investment Company and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Joel Bender, by William Marsh as Attorney-in-Fact	03/09/2026
	** 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 transaction did Cactus, Inc. (WHD) disclose in this Form 4?

Cactus, Inc. disclosed an open-market sale of 63,963 shares of Class A common stock at $50.74 per share. The sale was executed by Bender Investment Company, an entity associated with director and president Joel Bender, and reported on his Form 4 filing.

Who was responsible for the WHD shares sold in the latest Form 4 filing?

The 63,963 Cactus, Inc. shares were sold by Bender Investment Company, an entity in which Joel Bender has an ownership interest. The filing notes he disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the entity.

At what price were the Cactus, Inc. (WHD) shares sold in this insider trade?

The reported transaction shows Class A common stock of Cactus, Inc. was sold at $50.74 per share. This sale covered 63,963 shares in an open-market transaction, as disclosed in Joel Bender’s Form 4 filing with the SEC.

How many Cactus, Inc. (WHD) shares remain reported after the Form 4 sale?

Following the reported sale, Joel Bender reported owning 163,830 shares of Cactus, Inc. Class A common stock directly. This figure reflects his direct holdings after the open-market transaction executed through Bender Investment Company.

What ownership disclaimer did Joel Bender include about the WHD shares sold?

Joel Bender disclosed that the sold shares represent stock held by Bender Investment Company. He disclaims beneficial ownership of those Cactus, Inc. shares except to the extent of his pecuniary interest, clarifying the shares are held through that investment entity.