STOCK TITAN

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

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cactus, Inc. EVP and CFO Jay A. Nutt converted 2,942 restricted stock units into Class A common stock on June 3, 2026, at a conversion price of $0.00 per share. Restricted stock units represent a contingent right to receive Class A stock upon vesting.

On the same date, 864 shares of Class A common stock were withheld at $58.80 per share to satisfy tax withholding obligations related to the vesting. Following these transactions, Nutt directly holds 6,120 shares of Class A common stock and 42,267 restricted stock units, from an RSU grant of 8,827 units made on June 3, 2024.

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 $0.00
Exercise Class A Common Stock 2,942 $0.00 $0.00
Exercise Price or Tax Liability Class A Common Stock 864 $58.80 $51K
Holdings After Transaction: Restricted Stock Units — 42,267 shares (Direct); Class A Common Stock — 6,120 shares (Direct)
Footnotes (3)
  1. F1. 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. F2. Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
  3. F3. 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 vested and converted 2942.0000 units Restricted stock units converted into Class A common stock on June 3, 2026
Shares withheld for taxes 864.0000 shares Class A common stock withheld at $58.8000 per share for tax obligations
Tax withholding price $58.8000 per share Per-share price used for tax withholding on June 3, 2026
Post-transaction Class A holdings 6,120 shares Directly held Class A common stock after the reported transactions
Remaining restricted stock units 42267.0000 units Restricted stock units remaining after the June 3, 2026 vesting
Original RSU grant 8,827 units Restricted stock units granted on June 3, 2024, vesting in three equal installments
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
"shares withheld by the Company to satisfy tax withholding obligations upon the vesting"
contingent right financial
"Restricted stock units represent a contingent right to receive Class A common stock"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

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

Jay A. Nutt converted 2,942 restricted stock units into Class A common stock on June 3, 2026, and 864 shares were withheld at $58.80 per share to cover tax obligations associated with the RSU vesting.

How many Cactus (WHD) shares did Jay A. Nutt acquire through RSU vesting?

Jay A. Nutt acquired 2,942 shares of Cactus Class A common stock through the vesting and conversion of restricted stock units, at a $0.00 per share conversion price, reflecting settlement of previously granted equity compensation.

How many Cactus (WHD) shares were withheld for Jay A. Nutt’s taxes and at what price?

The company withheld 864 shares of Cactus Class A common stock at $58.80 per share to satisfy Jay A. Nutt’s tax withholding obligations arising from the June 3, 2026 vesting of restricted stock units.

What are Jay A. Nutt’s Cactus (WHD) holdings after these transactions?

After the reported transactions, Jay A. Nutt directly holds 6,120 shares of Cactus Class A common stock and 42,267 restricted stock units, representing contingent rights to receive additional Class A shares as those RSUs vest over time.

What RSU grant underlies the reported vesting for Cactus (WHD) EVP and CFO Jay A. Nutt?

Jay A. Nutt was granted 8,827 restricted stock units on June 3, 2024, scheduled to vest in three equal installments beginning on the first anniversary of the grant date, one installment of which is reflected in this Form 4.
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)