Form 4: Cabot Corp Director Douglas G. Del Grosso Reports Acquisition of Phantom Stock Units

Director Douglas G. Del Grosso reports acquisition of phantom stock units due to dividends paid under Cabot Corporation's Non-Employee Director's Deferral Plan.

Summary

• On March 14, 2025, Douglas G. Del Grosso, a director of Cabot Corp, acquired 25.7402 phantom stock units.
• The acquisition was due to dividends paid on phantom stock units acquired under the Corporation's Non-Employee Director's Deferral Plan.
• The price per share was $83.31.
• Following the transaction, Del Grosso beneficially owns 5,012.7724 shares of Common Stock.
• The phantom stock units will be settled either upon the reporting person's termination of service as a director or in accordance with the distribution election of the reporting person, whichever first occurs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an insider transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock units will be settled either upon the reporting person's termination of service as a director or in accordance with the distribution election of the reporting person, whichever first occurs.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, specifically the acquisition of phantom stock units by a director due to dividend payments. It reflects standard compensation practices for non-employee directors.

Key Dates