Cactus CEO Scott Bender sells $4.99m in company stock

Cactus, Inc. CEO Scott Bender sold 86,700 shares of the company's Class A Common Stock on July 30, 2026. The transaction, conducted at $57.618 per share, resulted in a total of approximately $4,995,480. This sale occurred as WHD stock has increased by 86.7% over the past year, currently trading at $73.28, close to its 52-week high of $74.04.

According to InvestingPro analysis, the stock is considered overvalued and trades at a high P/E ratio of 62.28. Bender, who is also a Director and 10% owner of the company, held 120,527 shares directly after this transaction. The shares were sold through Bender Investment Company, under a Rule 10b5-1 trading plan. Despite this sale, Bender remains a key figure in Cactus, Inc. With the company reporting strong second-quarter 2026 results, exceeding expectations with adjusted earnings of $0.93 per share on $449.5 million in revenue, Bender's actions reflect on the company's recent performance and outlook.