secwatch.observer — SEC 8-K summary
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Issuer:     Cactus, Inc. (WHD)
CIK:        0001699136
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001699136-24-000087
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cactus appoints Jay Nutt as EVP, CFO and Treasurer effective June 3, 2024
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- Jay Nutt appointed EVP, CFO and Treasurer, replacing interim CFO Alan Keifer and Treasurer Stephen Tadlock.
- Base salary of $450,000; eligible for annual bonus up to 80% base (non-stretch) plus up to 40% stretch.
- Initial long-term incentive: RSUs and PSUs each at 1x base salary; RSUs vest ratably over 3 years, PSUs over 3 years based on ROCE.
- Stephen Tadlock remains EVP and CEO of Spoolable Technologies segment.
- Nutt previously served as CFO of ChampionX (2020-2021) and Apergy before that.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699136/000169913624000087/0001699136-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699136/000169913624000087/whd-20240522.htm
  HTML page:      https://secwatch.observer/filing/0001699136-24-000087

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