Form 4 • Statement of Changes in Beneficial Ownership
Type
Neutral
Net shares
-200,000
% of shares
-2.06%
Amount (USD)
$0
Insider confidence score
27.5 out of 100
Positive
Negative
Security
Class B Common Stock
Action
Sell
Date
2026-03-02
Code
J
Net shares
-200,000.0
Acquired/Disposed
Disposed
Shares Owned Before
9,686,249.0
Shares Owned After
9,486,249.0
Security
Units
Action
Sell
Date
2026-03-02
Code
J
Net shares
-200,000.0
Acquired/Disposed
Disposed
Shares Owned Before
9,686,249.0
Shares Owned After
9,486,249.0
1. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company operating agreement of the Reporting Entity, the Reporting Entity distributed Class B Common Stock to such members.
2. "Units" mean ownership interests in Cactus Companies, LLC ("Cactus Companies"). The Issuer is the sole managing member of Cactus Companies.
3. The amended and restated limited liability company operating agreement of Cactus Companies provides the holders of Units with certain rights to cause Cactus Companies to acquire all or at least a minimum portion of their Units for, at Cactus Companies election, (x) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an equivalent amount of cash.
4. In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Units to such members.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.