Cactus Inc. has approved a one-time grant of restricted stock units (RSUs) for key executives following the closing of its joint venture with Baker Hughes. Effective January 1, 2026, Stephen Tadlock, appointed as CEO of Cactus International, will receive RSUs valued at $500,000 vesting over two years and $500,000 vesting over three years. Jay A. Nutt, Executive Vice President and Chief Financial Officer, will receive RSUs worth $500,000 over two years and $400,000 over three years. Steven Bender, Chief Operating Officer, will receive RSUs valued at $300,000 over two years and $300,000 over three years. The awards were approved by the Compensation Committee and will follow the company’s existing RSU award agreement and Long Term Incentive Plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cactus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-000635), on January 05, 2026, and is solely responsible for the information contained therein.
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