Form 4: Cabot Corp CFO Erica McLaughlin Reports Gift of Shares and Acquisition of Phantom Stock Units

Cabot Corporation's Executive Vice President and CFO, Erica McLaughlin, reported a gift of 1,299 common shares and the acquisition of 53.2174 phantom stock units in recent insider transactions.

Summary

• Erica McLaughlin, Executive Vice President and CFO of Cabot Corporation, reported changes in her beneficial ownership of company securities.
• On June 12, 2025, Ms. McLaughlin gifted 1,299 shares of common stock to a charitable donor-advised fund at a price of $0 per share.
• Following this gift, Ms. McLaughlin directly beneficially owns 44,381 shares of common stock.
• Additionally, she indirectly owns 1.6415 shares of common stock through the Corporation's 401(k) Plan Trustee.
• On June 13, 2025, Ms. McLaughlin acquired 53.2174 phantom stock units at a price of $74.72 per unit.
• These phantom stock units were acquired under the Corporation's supplemental 401(k) plan and are designed to be settled upon her retirement or other termination of service.
• Each phantom stock unit is convertible on a 1-for-1 basis into common stock.
• After this acquisition, Ms. McLaughlin directly beneficially owns 8,889.6829 phantom stock units.

Sentiment

Score: 5

Explanation: The document reports routine insider transactions (a gift and an acquisition via a compensation plan). While a disposition occurred, it was a gift, not a sale, and was offset by an acquisition of phantom units, leading to a neutral overall sentiment.

Positives

• The acquisition of 53.2174 phantom stock units aligns the CFO's long-term incentives with shareholder interests, as these units are settled upon retirement or termination of service.

Negatives

• The disposition of 1,299 common shares, although a gift to a charitable fund, reduces the direct common stock holdings of a key executive.

Future Outlook

This Form 4 filing is a disclosure of past insider transactions and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report for a publicly traded company, reflecting changes in an executive's personal holdings. It does not provide broader industry context or trends.

Related Party Transactions

• The gift of 1,299 shares of common stock was made to a charitable donor-advised fund.

Stakeholder Impact

• Shareholders: The transactions represent routine changes in an executive's holdings, with minimal direct impact on the broader shareholder base. The acquisition of phantom units aligns executive incentives with long-term shareholder value.
• Employees: The acquisition of phantom stock units is part of the company's supplemental 401(k) plan, indicating ongoing executive compensation practices.

Key Dates

Keywords

Cabot Corporation, CBT, SEC Form 4, Insider Trading, Beneficial Ownership, Common Stock, Phantom Stock Units, Erica McLaughlin, CFO, Corporate Governance, Executive Compensation