leadership
confidence high
sentiment positive
materiality 0.45
Cactus awards $2.5M in RSUs to three execs; Tadlock named CEO of Cactus International
Cactus, Inc.
- Cactus granted $2.5M total restricted stock units to EVPs Tadlock and Nutt, and COO Bender, vesting ratably over 2-3 years.
- Stephen Tadlock receives $1M in RSUs ($500k/2yr, $500k/3yr) and becomes CEO of Cactus International JV, effective Jan 1, 2026.
- Jay A. Nutt allocated $900k total RSUs; Steven Bender receives $600k total RSUs.
- Grants are retention awards tied to closing of the joint venture with Baker Hughes (Cactus International).