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8-K2026-05-12· grok-4-1-fast-non-reasoning

WHD · Cactus, Inc.

0001628280-26-034225

SEC filing

Summary

Cactus, Inc. announced executive leadership changes in its Spoolable Technologies Segment, elected new directors including Tana Utley at its Annual Meeting, and reduced Board size to eight members.

Key takeaways

Full analysis

Cactus, Inc. strengthened its Spoolable Technologies Segment leadership by appointing Steven Bender, who has extensive operational experience since 2011, as CEO alongside his COO role, enabling a smooth transition as Stephen Tadlock refocuses on the Cactus International Joint Venture. The Annual Meeting saw strong shareholder support for director elections, with all Class II and III nominees receiving majority votes despite some opposition for Gary Rosenthal. Tana Utley's addition brings valuable global technical expertise from her Caterpillar tenure, offsetting the departure of Bruce Rothstein and Melissa Law, resulting in a leaner eight-member Board with enhanced independence at six directors. Auditor ratification and say-on-pay approval passed overwhelmingly, signaling alignment with governance best practices.