Form 4: Cabot Corp CEO Sean Keohane Acquires Phantom Stock Units as Part of Compensation Plan
Insider Transaction Report
Cabot Corporation's President and CEO, Sean D. Keohane, acquired 260.3428 phantom stock units on June 13, 2025, as part of the company's supplemental 401(k) plan.
Summary
- Sean D. Keohane, President and CEO, and a Director of Cabot Corporation (CBT), acquired 260.3428 phantom stock units.
- The transaction occurred on June 13, 2025.
- These phantom stock units were acquired under the Corporation's supplemental 401(k) plan.
- The units are to be settled upon Mr. Keohane's retirement or other termination of service.
- The price of the derivative security (phantom stock units) was $74.72 per unit.
- Following this transaction, Mr. Keohane beneficially owns 43,488.8252 phantom stock units directly.
Sentiment
Score: 5
Explanation: The document reports a routine, compensation-related acquisition of phantom stock units by an executive. This type of transaction is generally neutral in terms of market sentiment as it reflects standard executive compensation practices rather than a discretionary investment decision or a significant change in company fundamentals.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation, which is common across all industries for publicly traded companies. It does not provide broader industry trends or competitive analysis.
Related Party Transactions
- The acquisition of phantom stock units by Sean D. Keohane, President and CEO, from Cabot Corporation under a supplemental 401(k) plan constitutes a related party transaction, as it involves a transaction between the company and a key executive.
Stakeholder Impact
- Shareholders: This transaction is a routine disclosure of executive compensation and is unlikely to have a direct material impact on shareholders, as it reflects a pre-existing compensation arrangement.
- Employees: The transaction is specific to executive compensation and does not directly impact the broader employee base.
- Management: The transaction reflects the ongoing compensation structure for the President and CEO.
Key Dates
| Date | Description |
|---|---|
| 06/13/2025 | Date of transaction for the acquisition of phantom stock units. |
| 06/16/2025 | Date the Form 4 was signed by Mazda Cintron, pursuant to a power of attorney from Sean D. Keohane. |
Keywords
Cabot Corporation, CBT, Sean D. Keohane, Phantom Stock Units, SEC Form 4, Insider Transaction, Executive Compensation, Supplemental 401(k) Plan
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