Scott Bender - 10 Mar 2025 Form 4 Insider Report for Cactus, Inc. (WHD)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Scott Bender, by William Marsh as Attorney-in-Fact
Issuer symbol: WHD
Transactions as of: 10 Mar 2025
Net transactions value: -$398,640
Form type: 4
Filing time: 12 Mar 2025, 19:44:20 UTC
Previous filing: 20 Nov 2024
Next filing: 21 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WHD	Class A Common Stock	Options Exercise		+7,637	+18%		49,413	10 Mar 2025	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$135,991	-3,006	-6.1%	$45.24	46,407	10 Mar 2025	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+6,460	+14%		52,867	11 Mar 2025	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$111,110	-2,391	-4.5%	$46.47	50,476	11 Mar 2025	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+8,286	+16%		58,762	11 Mar 2025	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$151,539	-3,261	-5.5%	$46.47	55,501	11 Mar 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WHD	Restricted Stock Units	Award	$0	+20,133	+43%	$0.000000	66,725	10 Mar 2025	Class A Common Stock	20,133		Direct	F1, F3
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-7,637	-11%	$0.000000	59,088	10 Mar 2025	Class A Common Stock	7,637		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-6,460	-11%	$0.000000	52,628	11 Mar 2025	Class A Common Stock	6,460		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-8,286	-16%	$0.000000	44,342	11 Mar 2025	Class A Common Stock	8,286		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
F3	On March 10, 2025, the reporting person was granted 20,133 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4	On March 10, 2023, the reporting person was granted 22,913 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F5	On March 11, 2022, the reporting person was granted 19,380 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F6	On March 11, 2024, the reporting person was granted 24,857 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.