Cactus CEO Scott Bender sells $6.2m in NASDAQ:WHD shares

On October 1, 2026, Cactus, Inc.'s CEO, Scott Bender, sold 100,000 shares of the company's Class A Common Stock through his investment company, Bender Investment Company (BIC). The transaction, executed under a Rule 10b5-1 trading plan, resulted in a total of $6,197,300, with each share priced at $61.973. This sale occurred after a remarkable 82% increase in the stock's value over the previous year, with shares currently trading at $62.97.

Analysts suggest the stock may be slightly overvalued compared to its estimated Fair Value. Notably, BIC simultaneously acquired 100,000 shares of Cactus Class A Common Stock, acting as part of the company's redemption process for ownership interests in Cactus Companies, LLC. The company's strong performance in its Q2 2026 results, exceeding Wall Street's expectations, further underscores its growth potential.