secwatch.observer — SEC 8-K summary
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Issuer:     Cactus, Inc. (WHD)
CIK:        0001699136
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001699136-23-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cactus grants $4M RSUs each to CFO Tadlock and exec Bender; 4-year cliff vest
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- Stephen Tadlock and Steven Bender each awarded $4M in restricted stock units.
- RSUs cliff vest on the fourth anniversary of the March 10, 2023 grant date.
- Pro-rata vesting if terminated without cause after two years.
- Grants are one-time retention awards for key executives under the LTIP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699136/000169913623000038/0001699136-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699136/000169913623000038/whd-20230310.htm
  HTML page:      https://secwatch.observer/filing/0001699136-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer