Cactus, Inc. filings document an oilfield equipment and services business focused on pressure control and spoolable technologies. Material-event reports and proxy statements cover operating results, segment information for Pressure Control and Spoolable Technologies, capital structure, Class A common stock dividends and related CC Unit distributions.
The company's SEC record also includes proxy materials for board elections, executive compensation, equity awards and shareholder voting matters. Form 8-K filings report governance changes, investor presentation materials, material agreements and completed acquisition activity, including historical and pro forma financial statements for the surface pressure control business acquired through a Cactus subsidiary.
Boston Partners, a Delaware entity, reports beneficial ownership of Cactus, Inc. common stock. As of 06/30/2026, it reports beneficial ownership of 4,470,225.3 shares, representing 6.44% of the outstanding common stock.
Boston Partners has sole voting power over 3,428,878 shares and sole dispositive power over 4,470,225.3 shares, with no shared voting or dispositive power. The shares are held in discretionary accounts for certain clients, and Boston Partners may be deemed a beneficial owner under Rule 13d-3 under the Exchange Act.
Cactus, Inc. reports that an entity associated with President, director and 10% owner Joel Bender sold 86,700 shares of Class A Common Stock on July 30, 2026 at an average price of $57.6180 per share, leaving 41,519 shares reported as directly held. The sold shares were held by Bender Investment Company and were transacted under a Rule 10b5-1 trading plan, with Bender disclaiming beneficial ownership except to the extent of his pecuniary interest.
Cactus, Inc. reports that an entity associated with Chairman, CEO and 10% owner Scott Bender, Bender Investment Company, sold 86,700 shares of Class A Common Stock at an average price of $57.618 per share on July 30, 2026, under a Rule 10b5-1 trading plan. Following the sale, Bender directly holds 120,527 shares, and he disclaims beneficial ownership of the sold shares except to the extent of his pecuniary interest in Bender Investment Company.
Bender Investment Company filed a notice to sell 100,000 shares of Common Class A of the issuer on the NYSE, with an indicated aggregate market value of 6,500,000, on or after 08/03/2026. The filing also lists an earlier acquisition of 722,338 securities on 02/11/2018 in connection with the formation and capitalization of Cactus WH Enterprises LLC. During the past three months, Bender Investment Company reported sales of 13,300 Common Class SA on 07/27/2026 for 731,714.22 and 86,700 Common Class A on 07/30/2026 for 4,991,095.92.
A holder of Cactus Inc. Common Class A stock filed a notice of proposed sales. The filing lists up to 2,461,000 shares of Common Class A under “Securities To Be Sold,” to be executed through Merrill Lynch on the NYSE with a noted date of 08/03/2026.
It also details prior Common Class A share issuances or dispositions labeled “In lieu of services” involving Cactus Inc., with multiple small transactions dated in March 2024 and March 2025.
Cactus Inc. reported higher results for Q2 2026 as it consolidated the Cactus International acquisition, with total revenue of $449.528 million versus $273.575 million a year earlier and operating income of $83.582 million.
For the first six months of 2026, revenue was $837.877 million and net income attributable to Cactus Inc. was $81.902 million. Accretion of redeemable non‑controlling interest of $81.507 million reduced six‑month basic earnings per share to $0.01 despite underlying profitability.
The Baker Hughes surface pressure control business, acquired for estimated consideration of $362.031 million, added $291.5 million of revenue and $0.5 million of net income through June 30 and created $84.222 million of goodwill and $241.121 million of mezzanine equity. Operating cash flow was $232.835 million, funding a $301.011 million business acquisition, while the company ended the quarter with $365.821 million of cash and no bank debt, and subsequently arranged a $75.0 million secured UAE credit facility.
Cactus WH Enterprises, LLC, a 10% owner of Cactus, Inc., reported restructuring transactions dated July 27, 2026. It disposed of 100,000 shares of Class B common stock and 100,000 Units of Cactus Companies, LLC, distributing them to certain members in connection with redemptions of ownership interests. After these distributions, it held 9,386,249 Class B shares and 9,386,249 Units. Each Unit may be redeemed at a ratio of one share of Class A common stock for each Unit, or an equivalent amount of cash at Cactus Companies’ election.
Cactus, Inc. Chairman and CEO Scott Bender reported several related entity-level restructurings and a smaller stock sale on July 27, 2026. In connection with redemptions of ownership interests in Cactus WH Enterprises, LLC and Cactus Companies, LLC, Bender Investment Company and Cactus Enterprises moved 100,000 Units, a corresponding 100,000 shares of Class B Common Stock, and ultimately redeemed those Units and Class B shares for 100,000 shares of Class A Common Stock, while the issuer cancelled the corresponding Class B shares.
Separately, Bender Investment Company, an entity in which Bender has an interest, sold 13,300 shares of Class A Common Stock at $55.0670 per share in an open-market or private transaction. After these transactions, Bender is deemed to beneficially own 9,386,249 shares of Class B Common Stock and 9,386,249 Units held by Cactus Enterprises, reflecting an indirect pecuniary interest; he disclaims beneficial ownership beyond that indirect interest.
Cactus, Inc. president and major stockholder Joel Bender reported an Up-C restructuring in which an entity he controls, Bender Investment Company, redeemed ownership interests in Cactus WH Enterprises, LLC and ultimately exchanged 100,000 Units and a corresponding 100,000 shares of Class B Common Stock for 100,000 shares of Class A Common Stock on July 27, 2026.
After these transactions, he is deemed to beneficially own 9,386,249 Class B shares and 9,386,249 Units held by Cactus WH Enterprises, LLC, while disclaiming beneficial ownership beyond his indirect pecuniary interest. Separately, Bender Investment Company cumulatively sold 13,300 shares of Class A Common Stock at $55.067 per share, with Bender likewise disclaiming beneficial ownership except to the extent of his pecuniary interest.
Cactus, Inc. reported strong second quarter 2026 results, with revenue of $449.5 million, operating income of $83.6 million and net income of $61.4 million. Diluted earnings per Class A share were $0.70, while adjusted net income was $75.1 million and Adjusted EBITDA $132.8 million, a 29.5% margin.
Management highlighted momentum in the Spoolable Technologies segment and better-than-expected Pressure Control shipments, especially in the Middle East. Operating cash flow was $104.6 million, and Cactus ended June 30 with $365.8 million of cash and cash equivalents, no bank debt, and remaining performance obligations (backlog) of $455.8 million.
The Board approved a 7% increase in the quarterly dividend to $0.15 per Class A share, payable September 11, 2026, and noted international purchase orders exceeding $130 million received after quarter-end. Management expects third-quarter consolidated revenues to be down slightly sequentially, with Pressure Control revenues down 10% and Spoolable Technologies revenues up 15–20% versus the second quarter.