Two insiders at Cactus, Inc. (WHD) sold shares totaling approximately $12.39 million on October 2, 2026. Scott Bender, Chairman and CEO, sold 100,000 shares for roughly $6.20 million, while Joel Bender, President, also sold 100,000 shares for approximately $6.20 million.
These transactions occurred at a price of $61.97 per share. While insider selling can be attributed to various factors such as portfolio diversification, tax planning, or personal liquidity needs, coordinated sales by multiple executives can sometimes attract investor attention.
This activity follows previous sales by these and other insiders in recent months. Investors often monitor insider transactions for potential signals about a company's internal outlook.