Cactus director sells 12,000 shares at $56.57

Cactus, Inc. director Michael Y. McGovern reported an open-market sale of 12,000 shares of Class A Common Stock.

Rhea-AI Filing Summary

Cactus, Inc. director Michael Y. McGovern reported an open-market sale of 12,000 shares of Class A Common Stock. The shares were sold at an average price of $56.57 per share. After this transaction, he directly holds 15,990 shares of Cactus, Inc. common stock.

Insights

Equity analyst

Director reports open-market sale while retaining a meaningful equity stake.

Director Michael Y. McGovern executed an open-market sale of 12,000 shares of Cactus, Inc. Class A Common Stock at $56.57 per share. The filing classifies this as a standard open-market transaction, without derivative exercises or related awards.

Following the sale, McGovern directly owns 15,990 shares, indicating he remains exposed to the company’s equity. With no derivatives reported in this filing and no disclosed trading plan language in the footnotes excerpt, the transaction appears as a straightforward reduction rather than part of an options exercise pattern.

Insider Trade Summary

Net Seller: 12,000 shares

Net Sell 1 txn

Insider MCGOVERN MICHAEL Y

Role Director

Sold 12,000 shs ($679K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	12,000	$56.57	$679K

Holdings After Transaction: Class A Common Stock — 15,990 shares (Direct)

Key Figures

Shares sold: 12,000 shares Sale price per share: $56.57 per share Shares held after transaction: 15,990 shares +1 more

4 metrics

Shares sold 12,000 shares Open-market sale of Class A Common Stock

Sale price per share $56.57 per share Average price for the reported open-market sale

Shares held after transaction 15,990 shares Director’s direct holdings following the sale

Net shares sold 12,000 shares Net-sell direction in transaction summary

Key Terms

open-market sale, Class A Common Stock, Form 4, net-sell

4 terms

open-market sale financial

"transaction_action: "open-market sale" for the 12,000-share transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title: "Class A Common Stock" for the reported transaction"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) describes the reported transaction"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

net-sell financial

"transactionSummary lists netBuySellDirection as "net-sell""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Cactus (WHD) director Michael McGovern report?

Director Michael Y. McGovern reported an open-market sale of 12,000 Cactus Class A Common Stock shares. The shares were sold at an average price of $56.57, as disclosed in the Form 4 insider trading report.

At what price did the Cactus (WHD) director sell his shares?

The director sold his Cactus Class A Common Stock at an average price of $56.57 per share. This price comes directly from the reported open-market sale transaction in the Form 4 filing with the SEC.

How many Cactus (WHD) shares does Michael McGovern hold after the sale?

After the reported sale, Michael Y. McGovern directly holds 15,990 shares of Cactus Class A Common Stock. This post-transaction holding figure is explicitly disclosed in the Form 4 under total shares following the transaction.

Was the Cactus (WHD) insider transaction a purchase or a sale?

The Cactus insider transaction was a sale, not a purchase. The Form 4 lists a transaction code "S" and describes it as an open-market sale of 12,000 shares of Class A Common Stock at $56.57 per share.

Did the Cactus (WHD) Form 4 include any derivative securities activity?

No derivative securities activity appears in this Form 4 excerpt. The filing shows only a non-derivative transaction, specifically an open-market sale of Class A Common Stock, and indicates an empty derivative summary section.

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

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Accepted by SEC EDGAR 05/14/2026 - 04:06 PM Learn about SEC filing dates

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

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^*

MCGOVERN MICHAEL Y

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/12/2026		S		12,000	D	$56.57	15,990	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:

Remarks:

	/s/ Michael McGovern, by William Marsh as Attorney-in-Fact	05/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)