Cactus, Inc. Appoints Two New Directors
Ticker: WHD · Form: 8-K · Filed: May 28, 2024 · CIK: 1699136
| Field | Detail |
|---|---|
| Company | Cactus, Inc. (WHD) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $450,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, governance, appointment
TL;DR
Cactus Inc. adds two new directors to its board, effective immediately.
AI Summary
On May 22, 2024, Cactus, Inc. announced the appointment of two new directors, Michael L. McShane and David M. Schlosser, to its Board of Directors. This change is effective immediately and aims to enhance the company's strategic oversight and governance.
Why It Matters
The addition of new board members can signal a shift in strategic direction or a strengthening of corporate governance, potentially impacting investor confidence and future company performance.
Risk Assessment
Risk Level: low — The filing reports routine board changes and does not indicate any significant financial or operational risks.
Key Players & Entities
- Cactus, Inc. (company) — Registrant
- Michael L. McShane (person) — Newly appointed director
- David M. Schlosser (person) — Newly appointed director
- May 22, 2024 (date) — Effective date of director appointments
FAQ
Who are the new directors appointed to Cactus, Inc.'s Board?
Michael L. McShane and David M. Schlosser have been appointed as new directors to Cactus, Inc.'s Board.
When were the new directors appointed?
The appointments were effective as of May 22, 2024.
What is the primary purpose of this 8-K filing?
This 8-K filing reports the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is Cactus, Inc.'s industry?
Cactus, Inc. operates in the OIL & GAS FILED MACHINERY & EQUIPMENT industry, with SIC code 3533.
Where is Cactus, Inc. headquartered?
Cactus, Inc. is headquartered in Houston, Texas.
Filing Stats: 1,074 words · 4 min read · ~4 pages · Grade level 10.4 · Accepted 2024-05-28 17:10:19
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 WHD New York Stock Exchange Indicate
- $450,000 — ll receive an annualized base salary of $450,000 and will be eligible to participate in
Filing Documents
- whd-20240522.htm (8-K) — 28KB
- 0001699136-24-000087.txt ( ) — 152KB
- whd-20240522.xsd (EX-101.SCH) — 2KB
- whd-20240522_lab.xml (EX-101.LAB) — 22KB
- whd-20240522_pre.xml (EX-101.PRE) — 13KB
- whd-20240522_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) 3
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. May 28, 2024 By: /s/ William Marsh Date Name: William Marsh Title: Executive Vice President, General Counsel and Corporate Secretary 4