MCGOVERN MICHAEL Y 4

What Happened
Michael Y. McGovern, a director of Cactus, Inc. (WHD), was granted 2,559 restricted stock units (RSUs) on March 10, 2026. On the same date, 2,524 RSUs granted on March 10, 2025 vested and were converted into 2,524 shares. Those 2,524 converted shares are reported as disposed at $0 in the filing; the grant of 2,559 RSUs is reported at $0 value (typical for RSU grants until share delivery).

Key Details

• Transaction date (reporting period): March 10, 2026; Form 4 filed March 12, 2026 (timely).
• Grant: 2,559 RSUs granted (vest on first anniversary of grant; footnote F2). Reported as an award (code A) at $0.
• Vest/Conversion: 2,524 RSUs from the March 10, 2025 grant vested and converted to 2,524 shares (codes M/A per filing; footnote F3).
• Disposal: The 2,524 converted shares are reported as disposed at $0 in the filing (no cash proceeds shown).
• Footnote summary: F1 explains RSUs convert 1:1 to Class A common stock upon vesting; F2/F3 detail the grant dates and one‑year vesting schedule.
• Shares owned after transaction: Not specified in the provided filing extract.
• Filing timeliness: Reported promptly (transaction 3/10/2026, filed 3/12/2026).

Context

• RSU grant is an award of future shares (no immediate cash outlay) and vests per schedule; upon vesting an RSU becomes a share.
• The filing shows the vested RSUs converted to shares and those shares were reported as disposed at $0—filings sometimes report net settlement or transfers at $0; the Form 4 here does not show cash proceeds or further detail.
• This activity is primarily an equity award and vesting event rather than a market buy or open‑market sale; awards and vesting are routine compensation for insiders.