Cactus, Inc. (WHD) awards new restricted stock units to GC and EVP

Rhea-AI Filing Summary

Cactus, Inc. disclosed that its General Counsel, EVP and Secretary received new equity awards in the form of restricted stock units. On January 1, 2026, the reporting person was granted 8,741 restricted stock units that vest in three equal annual installments starting on the first anniversary of the grant date. On the same date, the reporting person was also granted 10,926 restricted stock units that vest in two equal annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Cactus Class A common stock upon vesting, aligning the executive’s compensation more closely with shareholder interests.

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

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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^*

MARSH WILLIAM D

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GC, EVP and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

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

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
Restricted Stock Units	(1)	01/01/2026		A		8,741		(2)	(2)	Class A Common Stock	8,741	$0	29,871	D
Restricted Stock Units	(1)	01/01/2026		A		10,926		(3)	(3)	Class A Common Stock	10,926	$0	40,797	D

Explanation of Responses:

1. Restricted stock units represent a contingent right to receive Class A common stock. Upon vesting, one share of Class A common stock will be delivered for each vested restricted stock unit.

2. On January 1, 2026 the reporting person was granted 8,741 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

3. On January 1, 2026 the reporting person was granted 10,926 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ William D. Marsh	01/05/2026
	** 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).
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FAQ

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

Cactus, Inc. reported that its General Counsel, EVP and Secretary received two grants of restricted stock units on January 1, 2026, as part of equity-based compensation.

How many restricted stock units were granted to the Cactus, Inc. (WHD) executive?

The executive received 8,741 restricted stock units in one grant and 10,926 restricted stock units in a second grant, each tied to Cactus Class A common stock.

What are the vesting terms of the new Cactus, Inc. (WHD) restricted stock units?

The 8,741 restricted stock units vest in three equal annual installments, and the 10,926 restricted stock units vest in two equal annual installments, both beginning on the first anniversary of the January 1, 2026 grant date.

What does each restricted stock unit represent for Cactus, Inc. (WHD)?

Each restricted stock unit represents a contingent right to receive one share of Cactus, Inc. Class A common stock, delivered when the unit vests.

What role does the reporting person hold at Cactus, Inc. (WHD)?

The reporting person is an officer of Cactus, Inc., serving as General Counsel, Executive Vice President and Secretary.

Are the reported Cactus, Inc. (WHD) awards derivative securities?

Yes. The filing classifies the awards as restricted stock units, which are derivative securities that convert into shares of Class A common stock upon vesting.