Cactus, Inc. (NYSE: WHD) entity distributes Units and Class B shares to members
Rhea-AI Filing Summary
Cactus WH Enterprises, LLC, a 10% owner of Cactus, Inc., reported dispositions on August 3, 2026 involving 100000.0000 Units of Cactus Companies, LLC and 100000.0000 shares of Class B Common Stock. Footnotes state these were distributions to its members in connection with redemptions of their ownership interests under amended and restated limited liability company agreements. Units represent ownership interests in Cactus Companies, whose holders may require Cactus Companies to acquire their Units for either Class A Common Stock on a one-for-one basis or cash, at Cactus Companies' election. Following the transactions, Cactus WH Enterprises, LLC reported direct ownership of 9286249.0000 Units and 9286249.0000 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
2 txns
Insider
Cactus WH Enterprises, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Units F2, F3, F4 | 100,000 | -- | -- |
| Other | Class B Common Stock F1 | 100,000 | -- | -- |
Holdings After Transaction:
Units — 9,286,249 shares (Direct);
Class B Common Stock — 9,286,249 shares (Direct)
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
Units disposed: 100000.0000 Units
Class B shares disposed: 100000.0000 shares
Units held after transaction: 9286249.0000 Units
+1 more
4 metrics
Units disposed
100000.0000 Units
Units distributed to members on 2026-08-03 as part of ownership redemptions
Class B shares disposed
100000.0000 shares
Class B Common Stock distributed to members on 2026-08-03
Units held after transaction
9286249.0000 Units
Direct ownership of Units reported following the restructuring
Class B shares held after transaction
9286249.0000 shares
Direct ownership of Class B Common Stock after the August 3, 2026 distributions
Key Terms
Class B Common Stock, Units, amended and restated limited liability company operating agreement, redemptions of ownership interests
4 terms
Class B Common Stock financial
"the Reporting Entity distributed Class B Common Stock to such members"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Units financial
"Units mean ownership interests in Cactus Companies, LLC"
Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.
amended and restated limited liability company operating agreement regulatory
"pursuant to the amended and restated limited liability company operating agreement"
redemptions of ownership interests financial
"In connection with certain redemptions of ownership interests in the Reporting Entity"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Cactus, Inc. (WHD) report in this Form 4?
Cactus WH Enterprises, LLC reported disposing of 100000.0000 Units and 100000.0000 shares of Class B Common Stock on August 3, 2026. Footnotes explain these were distributions to its members tied to redemptions of ownership interests, not open-market purchases or sales.
What are the "Units" referenced in the Cactus, Inc. (WHD) insider filing?
The filing states that Units are ownership interests in Cactus Companies, LLC, where Cactus, Inc. is the sole managing member. Holders of Units have rights under an amended and restated LLC operating agreement to require Cactus Companies to acquire their Units for stock or cash.
What triggered the distributions reported in the WHD Form 4 filing?
The distributions resulted from redemptions of ownership interests in the reporting entity by certain of its members. Under amended and restated LLC agreements, Cactus WH Enterprises, LLC distributed Class B Common Stock and Units to those members in connection with their redemptions.
Were the WHD insider transactions reported under a Rule 10b5-1 trading plan?
The filing indicates they were not made under a Rule 10b5-1 plan. The 10b5-1 checkbox is unchecked, and the footnotes describe the transactions as distributions linked to member redemptions under LLC agreements rather than trades pursuant to a pre-arranged plan.