Cactus, Inc. (WHD) discloses executive grants of restricted stock units
Rhea-AI Filing Summary
Cactus, Inc. reported that an executive officer, listed as EVP/CEO Spool Tech/Cactus Intl, received new equity awards in the form of restricted stock units on January 1, 2026. These derivative securities relate to the company’s Class A common stock and are shown with no cash exercise price.
One grant covers 10,926 restricted stock units, vesting in three equal annual installments starting on the first anniversary of the grant date, with each vested unit delivering one share of Class A common stock. A second grant of 10,926 restricted stock units vests in two equal annual installments on the same schedule, further aligning the executive’s compensation with the company’s future share performance.
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FAQ
What insider transaction did Cactus, Inc. (WHD) report for January 1, 2026?
Cactus, Inc. reported that an executive officer received two grants of restricted stock units on January 1, 2026, each tied to Class A common stock.
How many restricted stock units were granted to the Cactus, Inc. executive?
The executive was granted 10,926 restricted stock units in one award vesting over three years and another 10,926 restricted stock units in a separate award vesting over two years.
What does each restricted stock unit from the Cactus, Inc. grants represent?
Each restricted stock unit represents a contingent right to receive one share of Class A common stock upon vesting.
What are the vesting terms of the 10,926 restricted stock units with three-year vesting at Cactus, Inc.?
That grant of 10,926 restricted stock units vests in three equal annual installments beginning on the first anniversary of the January 1, 2026 grant date.
What are the vesting terms of the 10,926 restricted stock units with two-year vesting at Cactus, Inc.?
This separate grant of 10,926 restricted stock units vests in two equal annual installments beginning on the first anniversary of the January 1, 2026 grant date.
Is there an exercise price for the Cactus, Inc. restricted stock unit grants?
The table lists the price of each restricted stock unit grant as $0, reflecting that no cash payment is required to receive shares upon vesting.