Cactus, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Cactus, Inc. on May 20, 2020, regarding the results of its Annual Meeting of Stockholders held on the same date in Houston, Texas. The Company is incorporated in Delaware and its Class A Common Stock trades on the New York Stock Exchange under the symbol "WHD".
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and does not contain financial performance data.
Material Changes and Voting Results
Stockholders approved two key proposals at the Annual Meeting:
- Proposal 1 (Director Elections): Stockholders elected three Class III directors to serve until the 2023 annual meeting.
- Scott Bender: 61,198,591 votes for; 8,550,345 votes withheld.
- Bruce Rothstein: 59,466,023 votes for; 10,282,913 votes withheld.
- Gary Rosenthal: 57,744,843 votes for; 12,004,093 votes withheld.
- Proposal 2 (Auditor Ratification): Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020.
- Votes For: 70,761,049
- Votes Against: 6,410
- Abstentions: 11,845
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirmation that the three Class III directors (Bender, Rothstein, Rosenthal) have officially assumed their roles.
- Verification of PricewaterhouseCoopers LLP's engagement status for the 2020 fiscal year audit.
- Review of the full proxy statement for detailed biographies of the elected directors and the rationale for the auditor selection.