Form 4: Cabot CEO's Phantom Stock Units Increase

Cabot Corporation's President and CEO, Sean D. Keohane, acquired additional phantom stock units through dividend reinvestment.

Summary

• Sean D. Keohane, President and CEO of Cabot Corporation, acquired 241.6837 phantom stock units.
• The acquisition occurred on September 11, 2025, at an implied price of $81.47 per unit.
• These units represent dividends paid on existing phantom stock units held under the Corporation's Supplemental 401(k) Plan.
• Following this transaction, Keohane beneficially owns a total of 43,997.1756 phantom stock units.
• The phantom stock units are scheduled to be settled upon Keohane's retirement or other termination of employment.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a routine, non-discretionary transaction that aligns executive interests with long-term company performance through dividend reinvestment in phantom stock units. It does not indicate any new strategic direction or significant financial event beyond standard compensation.

Positives

• The acquisition of phantom stock units through dividend reinvestment demonstrates continued executive alignment with shareholder interests.
• The transaction is part of a structured compensation plan, indicating stability in executive benefits.

Future Outlook

The filing indicates that the acquired phantom stock units will be settled upon the reporting person's retirement or other termination of employment, aligning long-term incentives.

Management Comments

• The acquired phantom stock units represent dividends paid on existing units under the Corporation's Supplemental 401(k) Plan.
• These units are to be settled upon the reporting person's retirement or other termination of employment.

Industry Context

This transaction is a routine executive compensation event, common across publicly traded companies, where dividends on equity-based awards are reinvested into additional units, reinforcing long-term alignment between executives and shareholders.

Stakeholder Impact

• Shareholders: The transaction reinforces executive alignment with shareholder interests through continued equity ownership and long-term incentive structures.
• Employees: The Supplemental 401(k) Plan is part of the company's broader compensation framework, potentially influencing employee perception of executive benefits.

Next Steps

• The phantom stock units will be settled upon Sean D. Keohane's retirement or other termination of employment.

Key Dates

Keywords

Cabot Corp, CBT, Form 4, Insider Transaction, Phantom Stock Units, Executive Compensation, Dividend Reinvestment