Insider Cluster (2 insiders) ·Filed Mar 5, 2026

WHD

Cactus, Inc.
BEARISH
Impact 7/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $6.5M total
Actionable Insight ▼ Bearish

Traders should monitor for any upcoming earnings releases, guidance changes, or operational news that may have prompted this coordinated sell-off. Absent such news, this level of insider selling could signal reduced confidence in near-term prospects.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
WHD ▲ +14.49% at T+60d
SHORT call ✗ call lost -14.49% · α vs SPY -3.19% · entry $50.67 → $58.01
Entry anchored
Mar 4, 04:06 PM ET
via exchange tick
T+1d
-1.30%
call +1.30% · α -0.01%
$50.01
settled 7mo ago
T+5d
-9.22%
call +9.22% · α +6.98%
$46.00
settled 7mo ago
T+20d
-5.68%
call +5.68% · α +1.90%
$47.79
settled 6mo ago
T+60d
+14.49%
call -14.49% · α -3.19%
$58.01
settled 4mo ago

Price Chart

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Executive Summary

Cactus, Inc. CEO Scott Bender and President Joel Bender each sold 63,963 shares in open-market transactions on March 5, 2026, totaling approximately $6.5 million. The coordinated timing and equal share amounts suggest a planned divestiture by both executives.

Key Financial Metrics

Direction
selling
Total Value
$6.5M
Insiders
2

Key Facts

  • CEO Scott Bender sold 63,963 shares at $50.74 for $3,245,482.62 in an open-market transaction.
  • President Joel Bender sold 63,963 shares at $50.74 for $3,245,482.62 in an open-market transaction.
  • Both sales occurred on the same day, March 5, 2026, suggesting coordination.
  • Total value of the cluster: $6,490,965.24 in open-market selling.
  • Sales represent approximately 0.16% of the company's $4.0B market cap.

Financial Impact

$6.49 million in open-market share sales by top executives

insider ownershipinvestor sentimentpotential dilution signal

Risk Factors

  • Perceived lack of confidence from top leadership due to simultaneous material selling.
  • Potential for negative market reaction given the high dollar value and equal share amounts sold.

Market Snapshot

Exchange
NYSE

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)cluster-WHD-1773097616232
17 reports for WHD
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+20▲ +5.09%Feb 26, 2026
Filters
Rows
Reports for WHD — sortable, filterable
TypeNow
Sep 2, 2026
4w ago
Insider Cluster
NEUTRAL ★ 4/10
$71.64 $63.44▼ −11.45%▼ −10.26%$62.19 (−13.19%)
Aug 6, 2026
8w ago
Insider Cluster
BEARISH ★ 5/10
$68.54 $71.64▼ −4.52%▼ −3.92%$62.19 (+9.26%)
Aug 6, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$68.54 $71.64▲ +4.52%▲ +3.92%$62.19 (−9.26%)
Aug 5, 2026
8w ago
3
NEUTRAL ★ 2/10
$65.91 $72.14▲ +9.45%▲ +10.05%$62.19 (−5.64%)
Aug 3, 2026
8w ago
Insider Cluster
BEARISH ★ 5/10
$67.21 $70.69▼ −5.18%▼ −6.42%$62.19 (+7.47%)
Aug 3, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$67.21 $70.69▲ +5.18%▲ +6.42%$62.19 (−7.47%)
Jul 29, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$62.00 $68.53▲ +10.53%▲ +6.57%$62.19 (+0.31%)
Jul 29, 2026
9w ago
8-K
NEUTRAL ★ 5/10
$62.00 $68.53▲ +10.53%▲ +6.57%$62.19 (+0.31%)
Jul 2, 2026
13w ago
Court Ruling
BEARISH ★ 5/10
$50.42 $62.00▼ −22.97%▼ −23.38%$62.19 (−23.34%)
Jun 2, 2026
17w ago
8-K
NEUTRAL ★ 4/10
$58.80 $50.42▼ −14.25%▼ −13.25%$62.19 (+5.77%)
Showing 10 of 17

US Market Status

Market Closed — Opens Mon (37h 29m)

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Report published Mar 9, 2026