Insider entity tied to Cactus (WHD) CEO sells 63,963 shares at $50.74

Rhea-AI Filing Summary

Cactus, Inc. director and Chairman and CEO Scott Bender filed a Form 4 showing that Bender Investment Company, an entity in which he has an ownership interest, sold 63,963 shares of Class A common stock in an open-market transaction at $50.74 per share on March 5, 2026. After this sale, 242,838 shares of Cactus Class A common stock were reported as owned, while Bender disclaims beneficial ownership of the Bender Investment Company shares except to the extent of his pecuniary interest.

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

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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 Scott

(Last) (First) (Middle)

920 MEMORIAL CITY WAY, SUITE 300

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

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)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/05/2026		S		63,963(1)	D	$50.74	242,838	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 as sold represent the cumulative number of shares sold by Bender Investment Company. 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/ Scott Bender, by William Marsh as Attorney-in-Fact	03/09/2026
	** 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.

FAQ

What insider transaction did Cactus (WHD) report in this Form 4?

Cactus reported a Form 4 where Bender Investment Company, linked to Chairman and CEO Scott Bender, sold 63,963 shares of Class A common stock. The transaction was an open-market sale executed at $50.74 per share on March 5, 2026.

Who actually sold Cactus (WHD) shares in this Form 4 filing?

The sale was made by Bender Investment Company, an entity in which Scott Bender has an ownership interest. The Form 4 notes that Bender disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in Bender Investment Company.

How many Cactus (WHD) shares were sold and at what price?

A total of 63,963 shares of Cactus Class A common stock were sold in this transaction. The sale was executed as an open-market trade at a reported price of $50.74 per share on March 5, 2026.

How many Cactus (WHD) shares were reported as owned after the transaction?

Following the reported sale, the Form 4 shows 242,838 shares of Cactus Class A common stock as owned. This figure reflects the holdings reported after the transaction and is separate from the specific block sold by Bender Investment Company.

Does the Cactus (WHD) Form 4 say Scott Bender personally sold shares?

The Form 4 identifies the seller as Bender Investment Company, not Scott Bender personally. It states that Bender has an ownership interest in that entity and disclaims beneficial ownership of its shares except to the extent of his pecuniary interest.