On March 10, 2026, two insiders at Cactus, Inc. (WHD) engaged in significant stock sales. Scott Bender, Chairman and CEO, and Joel Bender, President, each sold 106,809 shares at a price of $49.92 per share, totaling approximately $5.33 million for each executive. The combined value of these transactions amounts to roughly $10.66 million.
These sales occurred in close proximity to earlier transactions by both executives. On March 6, 2026, each sold 29,228 shares, and on March 5, 2026, Joel Bender sold an additional 63,963 shares.
While insider selling can be driven by various personal financial motivations such as diversification or tax planning, the coordinated nature of these multiple sales by senior executives may draw investor attention.