CBT.NYSECabot CORP
Form 4: Cabot Corp Director Juan Enriquez Reports Acquisition of Phantom Stock Units
Sentiment:
SEC Form 4 Filing
Director Juan Enriquez reports acquisition of phantom stock units in Cabot Corp.
Summary
- On September 30, 2024, Juan Enriquez, a director of Cabot Corp, acquired phantom stock units.
- The transaction involved the acquisition of 246.0409 phantom stock units at a price of $111.77 per unit.
- Following the transaction, Enriquez directly owns 52,162.1743 phantom stock units.
- The phantom stock units will be settled in cash upon termination of service as a director or according to the reporting person's distribution election.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Acquisition of phantom stock units |
| 10/02/2024 | Date of signature on the Form 4 filing |
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