STOCK TITAN
  1. Home
  2. Sec-filings
  3. WHD
  4. [Form 4] Cactus, Inc. Insider Trading Activity

Cactus (WHD) CFO exercises 2,942 RSUs as 864 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cactus, Inc. Executive Vice President and CFO Jay A. Nutt reported routine equity compensation activity involving restricted stock units. On June 3, he exercised 2,942 restricted stock units into an equal number of Class A common shares. To cover tax withholding obligations upon vesting, 864 of these shares were withheld by the company at $58.80 per share, resulting in a non-market, tax-related disposition rather than an open-market sale. After these transactions, he directly holds 6,984 Class A shares, and 42,267 restricted stock units remain outstanding as a contingent right to receive additional Class A shares as they vest.

Positive

  • None.

Negative

  • None.
Insider Nutt Jay A.
Role EVP and CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 2,942 $0.00 --
Exercise Class A Common Stock 2,942 $0.00 --
Tax Withholding Class A Common Stock 864 $58.80 $51K
Holdings After Transaction: Restricted Stock Units — 42,267 shares (Direct, null); Class A Common Stock — 6,984 shares (Direct, null)
Footnotes (1)
  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. Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units. On June 3, 2024, the reporting person was granted 8,827 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
RSUs exercised 2,942 shares Restricted stock units converted to Class A common on June 3, 2026
Shares withheld for taxes 864 shares at $58.80 Withheld by company to satisfy tax obligations on vesting
Direct holdings after transaction 6,984 shares Class A common stock directly held following June 3, 2026 activity
Outstanding RSUs 42,267 units Restricted stock units remaining after the reported conversion
Tax withholding value reference price $58.80 per share Reference price used for 864-share tax withholding disposition
Restricted stock units financial
"Restricted stock units represent a contingent right to receive Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting..."
derivative security financial
"transaction_action": "derivative exercise/conversion","transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Nutt Jay A.
(Last)(First)(Middle)
920 MEMORIAL CITY WAY
SUITE 300
(Street)
HOUSTON TEXAS 77024
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Cactus, Inc. [ WHD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/03/2026M2,942A(1)6,984D
Class A Common Stock06/03/2026F864(2)D$58.86,120D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/03/2026M2,942 (3) (3)Class A Common Stock2,942$042,267D
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. Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
3. On June 3, 2024, the reporting person was granted 8,827 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
Remarks:
/s/ Jay A. Nutt, by William Marsh as Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Cactus (WHD) CFO Jay A. Nutt report?

Cactus CFO Jay A. Nutt exercised 2,942 restricted stock units into Class A common shares. Of these, 864 shares were withheld by the company to satisfy tax obligations, with the remaining shares added to his direct holdings as routine compensation activity.

Were the Cactus (WHD) CFO’s transactions open-market stock sales?

No, the filing shows no open-market stock sales. Shares disposed of were 864 units withheld by Cactus to cover tax withholding obligations when restricted stock units vested, a standard non-market mechanism rather than a discretionary sale into the open market.

How many Cactus (WHD) shares does the CFO hold after these transactions?

Following the June 3 transactions, Jay A. Nutt directly holds 6,984 shares of Cactus Class A common stock. This figure reflects both the restricted stock unit conversion and the company’s tax withholding share reduction disclosed in the filing.

What are restricted stock units in the Cactus (WHD) Form 4 filing?

Restricted stock units represent a contingent right to receive Cactus Class A common shares. Upon vesting, each restricted stock unit converts into one share of Class A common stock, aligning executive compensation with shareholder value over time as described in the footnotes.

How many restricted stock units remain for the Cactus (WHD) CFO?

After the reported transactions, Jay A. Nutt has 42,267 restricted stock units outstanding. These units will deliver one Class A common share each upon vesting, according to the filing’s description of the company’s restricted stock unit program.

What was the tax withholding share price in the Cactus (WHD) insider transaction?

The company withheld 864 shares from the CFO at a price of $58.80 per share to satisfy tax withholding obligations. This price is used solely for tax settlement purposes and is disclosed explicitly in the reported transaction details.