Cactus WH Enterprises shifts Cactus, Inc. stake
Cactus WH Enterprises, LLC, a 10% owner of Cactus, Inc., reported restructuring transactions dated July 27, 2026.
Rhea-AI Filing Summary
Cactus WH Enterprises, LLC, a 10% owner of Cactus, Inc., reported restructuring transactions dated July 27, 2026. It disposed of 100,000 shares of Class B common stock and 100,000 Units of Cactus Companies, LLC, distributing them to certain members in connection with redemptions of ownership interests. After these distributions, it held 9,386,249 Class B shares and 9,386,249 Units. Each Unit may be redeemed at a ratio of one share of Class A common stock for each Unit, or an equivalent amount of cash at Cactus Companies’ election.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Units F2, F3, F4 | 100,000 | -- | -- |
| Other | Class B Common Stock F1 | 100,000 | -- | -- |
Footnotes (4)
- F1. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company operating agreement of the Reporting Entity, the Reporting Entity distributed Class B Common Stock to such members.
- F2. "Units" mean ownership interests in Cactus Companies, LLC ("Cactus Companies"). The Issuer is the sole managing member of Cactus Companies.
- F3. The amended and restated limited liability company operating agreement of Cactus Companies provides the holders of Units with certain rights to cause Cactus Companies to acquire all or at least a minimum portion of their Units for, at Cactus Companies election, (x) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an equivalent amount of cash.
- F4. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Units to such members.
Key Figures
Key Terms
Units financial
Class B Common Stock financial
amended and restated limited liability company operating agreement regulatory
redemptions of ownership interests financial
redemption ratio financial
FAQ
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What insider transactions did Cactus WH Enterprises, LLC report for Cactus, Inc. (WHD)?
What is Cactus WH Enterprises, LLC’s remaining ownership after these WHD transactions?
Are the Units reported in the WHD Form 4 exchangeable for Cactus, Inc. Class A stock?
Were the WHD insider transactions sales on the open market?
AI-generated analysis. How Rhea-AI works. Not financial advice.