Cactus (WHD) EVP Tadlock receives RSU grant and settles tax withholdings
Rhea-AI Filing Summary
Cactus, Inc. EVP Stephen Tadlock reported routine equity compensation activity involving restricted stock units and Class A common stock. On March 10, 2026, he received a grant of 14,970 restricted stock units, which vest in three equal annual installments beginning on the first anniversary of the grant date.
On March 10–11, 2026, previously granted restricted stock units vested and were converted into a total of 16,976 shares of Class A common stock at a conversion price of $0.0000. To cover tax withholding obligations upon these vestings, the company withheld 6,682 shares at prices of $48.5600 and $48.6000 per share, rather than selling shares in the open market.
Following these transactions, Tadlock directly held 82,068 shares of Class A common stock and 131,314 restricted stock units, which each represent a contingent right to receive one share of Class A common stock upon future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,971 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,971 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,957 | $48.56 | $95K |
| Grant/Award | Restricted Stock Units | 14,970 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,978 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,027 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,978 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,140 | $48.60 | $153K |
| Exercise | Class A Common Stock | 4,027 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,585 | $48.60 | $77K |
Footnotes (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 March 10, 2026, the reporting person was granted 14,970 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On March 10, 2023, the reporting person was granted 23,932 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On March 10, 2025, the reporting person was granted 12,080 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On March 11, 2024, the reporting person was granted 14,915 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.