Cactus, Inc. (NYSE: WHD) grants director Elkhoury 1,291 restricted stock units
Rhea-AI Filing Summary
Elkhoury Joseph reported acquisition or exercise transactions in this Form 4 filing.
Cactus, Inc. director Joseph Elkhoury received a grant of 1,291 restricted stock units on August 3, 2026. These units represent a contingent right to receive Class A common stock, with one share delivered for each unit that vests on the first anniversary of the grant date. Following this award, he directly holds 1,291 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elkhoury Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 1,291 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,291 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. On August 3, 2026, the reporting person was granted 1,291 restricted stock units, vesting on the first anniversary of the grant date.
Key Figures
Restricted stock units granted: 1,291 units
Per-unit grant price: $0.0000 per unit
RSU holdings after grant: 1,291 units
+1 more
4 metrics
Restricted stock units granted
1,291 units
Grant to director Joseph Elkhoury on August 3, 2026
Per-unit grant price
$0.0000 per unit
Reported transaction price per restricted stock unit
RSU holdings after grant
1,291 units
Restricted stock units directly owned following the award
Underlying Class A shares
1,291 shares
Class A common stock deliverable upon vesting of all units
Key Terms
Restricted Stock Units, Class A common stock, contingent right to receive, vesting
4 terms
Restricted Stock Units financial
"Restricted stock units represent a contingent right to receive Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"one share of Class A common stock will be delivered for each vested restricted stock unit"
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.
contingent right to receive financial
"Restricted stock units represent a contingent right to receive Class A common stock."
vesting financial
"restricted stock units, vesting on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cactus (WHD) report for Joseph Elkhoury?
Cactus reported that director Joseph Elkhoury received 1,291 restricted stock units on August 3, 2026. Each unit is a contingent right to one share of Class A common stock, deliverable when the units vest on the first anniversary of the grant date.
When do Joseph Elkhoury’s Cactus (WHD) restricted stock units vest?
The 1,291 restricted stock units vest on the first anniversary of the August 3, 2026 grant date. After vesting, one share of Class A common stock will be delivered for each vested restricted stock unit under the terms described.
What is the reported price for the Cactus (WHD) restricted stock units grant?
The filing shows a transaction price of $0.0000 per restricted stock unit. This reflects that the award is a grant or compensation-related acquisition, not a market purchase of Cactus Class A common stock by the director.
How many Cactus (WHD) restricted stock units does Joseph Elkhoury hold after this grant?
After the August 3, 2026 grant, Joseph Elkhoury directly holds 1,291 restricted stock units. These units are reported as derivative securities, each representing a contingent right to receive one share of Cactus Class A common stock upon vesting.
Is the Cactus (WHD) Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The reported transaction is a grant of restricted stock units rather than an open-market trade, and no footnote describes it as made under a pre-arranged trading plan.