Law Melissa 4

What Happened Melissa Law, a director of Cactus, Inc. (WHD), received a grant of 2,559 restricted stock units (RSUs) on March 10, 2026. On the same date 2,524 RSUs granted on March 10, 2025 vested and converted into 2,524 shares; those 2,524 shares are reported as disposed at $0 (derivative). The new grant is recorded at $0.00 (typical for RSU awards as compensation); no cash purchase or market sale was reported.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (filed within the standard 2-business-day window).
• Grants/conversions:
  • Grant (A): 2,559 RSUs granted, $0.00, vesting on the first anniversary of the grant (per footnote).
  • Conversion/Exercise (M): 2,524 RSUs from 3/10/2025 vested and converted into 2,524 shares.
  • Disposal (M): 2,524 shares reported disposed at $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing excerpt; net effect in this report is an award of 2,559 RSUs and the conversion/disposition of 2,524 previously granted RSUs.
• Footnotes:
  • F1: RSUs convert 1-for-1 into Class A common stock upon vesting.
  • F2: The 2,559 RSU grant vests on the first anniversary (3/10/2027).
  • F3: The 2,524 RSUs were originally granted 3/10/2025 and vested on 3/10/2026.
• Transaction codes: A = Award/Grant, M = Exercise or conversion of a derivative instrument.

Context Restricted stock units are compensation that convert to shares when they vest. The conversion of the 2,524 RSUs into shares followed by a disposal reported at $0 is consistent with common net-settlement or tax-withholding practices (shares surrendered to cover withholding) rather than an open-market sale. This filing documents compensation and vesting activity rather than an insider purchase or market sale for investment purposes.