Cactus, Inc. insider restructures ownership interests
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Units F2, F3, F4 | 100,000 | -- | -- |
| Other | Class B Common Stock F1 | 100,000 | -- | -- |
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
Key Terms
Class B Common Stock financial
Units financial
amended and restated limited liability company operating agreement regulatory
redemptions of ownership interests financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cactus, Inc. (WHD) report in this Form 4?
What are the "Units" referenced in the Cactus, Inc. (WHD) insider filing?
What triggered the distributions reported in the WHD Form 4 filing?
Were the WHD insider transactions reported under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.