Form 4: Cabot CEO Sean Keohane Discloses Share Withholding for Taxes

Cabot Corporation's President and CEO, Sean D. Keohane, reported the disposition of 10,608 shares of common stock at $61.41 per share for tax withholding purposes.

Summary

• Sean D. Keohane, President and CEO and Director of Cabot Corp (CBT), reported a transaction involving company common stock.
• On November 11, 2025, 10,608 shares of common stock were disposed of at a price of $61.41 per share.
• This disposition was for the payment of tax liability (Transaction Code 'F'), likely incident to the vesting of equity awards.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.
• Following this transaction, Keohane directly beneficially owns 350,910 shares and indirectly owns 13,933.18 shares through the Corporation's 401(k) Plan.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes, which is a common occurrence for executives receiving equity compensation. It does not reflect a change in investment sentiment by the insider.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned and automated disposition, which can reduce concerns about insider trading.
• The disposition is for tax withholding, a common and expected event for executives receiving equity compensation.

Negatives

• A reduction in direct beneficial ownership by 10,608 shares, although this is for tax purposes and not a discretionary sale.

Industry Context

This is a routine insider transaction disclosure for an executive at a publicly traded company. Such transactions, particularly those for tax withholding, are common across all industries when executives receive equity-based compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the executive's confidence in the company.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by Cabot Corp's CEO for tax withholding purposes, executed under a Rule 10b5-1 plan. Such transactions are common for executives receiving equity compensation and do not typically indicate a change in the company's fundamentals or the executive's long-term outlook. Therefore, it provides no new information that would warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

Cabot Corp, CBT, Sean D. Keohane, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, CEO, Director, 10b5-1 Plan