Cactus, Inc. (NYSE: WHD) insider entity sells 86,700 shares
Rhea-AI Filing Summary
Cactus, Inc. reports that an entity associated with Chairman, CEO and 10% owner Scott Bender, Bender Investment Company, sold 86,700 shares of Class A Common Stock at an average price of $57.618 per share on July 30, 2026, under a Rule 10b5-1 trading plan. Following the sale, Bender directly holds 120,527 shares, and he disclaims beneficial ownership of the sold shares except to the extent of his pecuniary interest in Bender Investment Company.
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Insights
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Insider Trade Summary
Net Seller: 86,700 shares
Net Sell
1 txn
Insider
Bender Scott
Role
Chairman and CEO
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 — 120,527 shares (Direct)
Footnotes (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 per share: $57.618 per share
Shares held after transaction: 120,527 shares
3 metrics
Shares sold
86,700 shares
Class A Common Stock sold on July 30, 2026 by Bender Investment Company
Sale price per share
$57.618 per share
Average price for the July 30, 2026 sale transaction
Shares held after transaction
120,527 shares
Direct holdings of Scott Bender after the reported sale
Key Terms
Rule 10b5-1 trading plan, beneficial ownership, pecuniary interest, Class A Common Stock
4 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 regulatory
"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"
Class A Common Stock financial
"security_title: Class A Common Stock in the reported sale"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cactus, Inc. (WHD) report for Scott Bender?
Cactus, Inc. disclosed that Bender Investment Company, an entity associated with Chairman and CEO Scott Bender, sold 86,700 shares of Class A Common Stock at $57.618 per share on July 30, 2026, under a Rule 10b5-1 trading plan.
Was the Cactus, Inc. (WHD) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the 86,700 shares were sold by Bender Investment Company pursuant to a Rule 10b5-1 trading plan, indicating the transactions followed a pre-arranged trading program rather than discretionary market timing.