Cactus, Inc. Adds Two Directors to Board
Ticker: WHD · Form: 8-K · Filed: Mar 8, 2024 · CIK: 1699136
| Field | Detail |
|---|---|
| Company | Cactus, Inc. (WHD) |
| Form Type | 8-K |
| Filed Date | Mar 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, governance, personnel-change
Related Tickers: CACT
TL;DR
CACT adds two new directors, Rohr & Wallace, to the board effective March 4th.
AI Summary
On March 4, 2024, Cactus, Inc. announced the election of two new directors, John P. Rohr and David M. Wallace, to its Board of Directors. This change is effective immediately and aims to enhance the board's expertise. The filing also disclosed information regarding compensatory arrangements for certain officers.
Why It Matters
The addition of new directors can signal a strategic shift or a focus on specific areas of expertise, potentially impacting the company's future direction and governance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and does not indicate significant financial distress or operational issues.
Key Players & Entities
- Cactus, Inc. (company) — Registrant
- John P. Rohr (person) — Newly elected director
- David M. Wallace (person) — Newly elected director
- March 4, 2024 (date) — Effective date of director election
FAQ
Who are the newly elected directors to Cactus, Inc.'s Board?
The newly elected directors are John P. Rohr and David M. Wallace.
When was the election of the new directors effective?
The election of the new directors was effective as of March 4, 2024.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the departure of directors or certain officers, the election of directors, and information regarding compensatory arrangements of certain officers.
What is Cactus, Inc.'s Standard Industrial Classification code?
Cactus, Inc.'s Standard Industrial Classification code is 3533 for OIL & GAS FILED MACHINERY & EQUIPMENT.
Where is Cactus, Inc. headquartered?
Cactus, Inc. is headquartered at 920 Memorial City Way, Suite 300, Houston, Texas 77024.
Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-03-08 16:29:48
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 WHD New York Stock Exchange Indicate
Filing Documents
- whd-20240304.htm (8-K) — 24KB
- 0001699136-24-000012.txt ( ) — 146KB
- whd-20240304.xsd (EX-101.SCH) — 2KB
- whd-20240304_lab.xml (EX-101.LAB) — 22KB
- whd-20240304_pre.xml (EX-101.PRE) — 13KB
- whd-20240304_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cactus, Inc. March 8, 2024 By: /s/ William Marsh Date Name: William Marsh Title: Executive Vice President, General Counsel and Corporate Secretary 3