Cactus, Inc. (NYSE: WHD) linked entity sells 86,700 shares in 10b5-1 plan

Rhea-AI Filing Summary

Cactus, Inc. reports that an entity associated with President, director and 10% owner Joel Bender sold 86,700 shares of Class A Common Stock on July 30, 2026 at an average price of $57.6180 per share, leaving 41,519 shares reported as directly held. The sold shares were held by Bender Investment Company and were transacted under a Rule 10b5-1 trading plan, with Bender disclaiming beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Net Seller: 86,700 shares

Net Sell 1 txn

Insider Bender Joel

Role President

Sold 86,700 shs ($5.00M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	86,700	$57.618	$5.00M

Holdings After Transaction: Class A Common Stock — 41,519 shares (Direct)

Footnotes (1)

1. F1. The shares reported herein as sold represent the aggregate number of shares sold by Bender Investment Company pursuant to a Rule 10b5-1 trading plan. The reporting person has an ownership interest in Bender Investment Company and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Key Figures

Shares sold: 86,700 shares Sale price: $57.6180 per share Shares directly held after transaction: 41,519 shares +1 more

4 metrics

Shares sold 86,700 shares Class A Common Stock sold on July 30, 2026 by Bender Investment Company

Sale price $57.6180 per share Average price for the 86,700 Class A shares sold

Shares directly held after transaction 41,519 shares Class A Common Stock reported as directly owned by Joel Bender following the sale

Net shares sold in filing 86,700 shares transactionSummary netBuySellShares (net-sell direction)

Key Terms

Rule 10b5-1 trading plan, beneficial ownership, pecuniary interest

3 terms

Rule 10b5-1 trading plan regulatory

"shares sold by Bender Investment Company pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

beneficial ownership financial

"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 07:24 PM Accepted by SEC EDGAR 08/03/2026 - 07:23 PM Learn about SEC filing dates

FAQ

What insider transaction did Cactus, Inc. (WHD) report for Joel Bender?

Cactus, Inc. reported that an entity associated with President and director Joel Bender sold 86,700 shares of Class A Common Stock on July 30, 2026 at $57.6180 per share under a Rule 10b5-1 trading plan.

How many Cactus, Inc. (WHD) shares remain directly held after this Form 4?

After the reported sale, 41,519 shares of Cactus, Inc. Class A Common Stock are reported as directly held by Joel Bender. The sold shares belonged to Bender Investment Company, in which he has an ownership interest.

Who actually sold the 86,700 Cactus, Inc. (WHD) shares reported on the Form 4?

The 86,700 shares were sold by Bender Investment Company, an entity in which Joel Bender has an ownership interest. Bender disclaims beneficial ownership of those shares except to the extent of his pecuniary interest in the entity.

Was the Cactus, Inc. (WHD) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the 86,700-share sale by Bender Investment Company was made pursuant to a Rule 10b5-1 trading plan, indicating the trades were executed according to a pre-arranged, pre-disclosed plan.

What price did the insider-related entity receive for Cactus, Inc. (WHD) shares?

The shares were sold at an average price of $57.6180 per share. This per-share price applies to the 86,700 Class A Common Stock shares sold by Bender Investment Company on July 30, 2026, as reported in the Form 4.

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^*

Bender Joel

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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	07/30/2026		S		86,700(1)	D	$57.618	41,519	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:

1. The shares reported herein as sold represent the aggregate number of shares sold by Bender Investment Company pursuant to a Rule 10b5-1 trading plan. The reporting person has an ownership interest in Bender Investment Company and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Joel Bender, by William Marsh as Attorney-in-Fact	08/03/2026
	** 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)