Cactus, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers the Annual Meeting of Stockholders held by Cactus, Inc. on May 17, 2022, in Houston, Texas. The filing details the voting results for three specific proposals submitted to security holders.
Key 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 voting outcomes rather than financial performance data.
Material Changes and Voting Results
Stockholders approved the following proposals at the Annual Meeting:
- Proposal 1 (Director Elections): Three Class II director nominees were elected to serve until the 2025 annual meeting.
- Joel Bender: 55,854,214 votes for.
- Melissa Law: 51,673,024 votes for.
- Alan Semple: 39,811,588 votes for.
- 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, 2022, with 72,093,994 votes for.
- Proposal 3 (Say on Pay): Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers with 69,590,675 votes for.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to reporting the results of the shareholder vote.
Key Facts for Investor Verification
- Verify the tenure of the newly elected directors (Joel Bender, Melissa Law, Alan Semple) through the 2025 annual meeting.
- Confirm the appointment of PricewaterhouseCoopers LLP as the auditor for the fiscal year ending December 31, 2022.
- Note the significant number of votes withheld for director Alan Semple (30,501,989) compared to the other nominees.
- Review the full proxy statement for details on the executive compensation package approved in the "say on pay" vote.