Form 4: Cabot Corp Director Raffiq Nathoo Reports Acquisition of Phantom Stock Units

Director Raffiq Nathoo reports acquisition of phantom stock units due to dividend payments under Cabot Corporation's Non-Employee Director's Deferral Plan.

Summary

• On March 8, 2024, Raffiq Nathoo, a director of Cabot Corp, acquired 10.4313 phantom stock units.
• The acquisition was a result of dividends paid on phantom stock units acquired under the Corporation's Non-Employee Director's Deferral Plan.
• The price of the underlying common stock was $87.11.
• Following the transaction, Nathoo directly owns 2,282.116 phantom stock units.
• 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: 7

Explanation: The document reflects a routine transaction related to director compensation. It's a neutral event with no immediate positive or negative implications for the company's financial health or stock performance.

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 of insider transactions, providing transparency to investors regarding the holdings and transactions of company directors. It is a standard practice for publicly traded companies and their insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it relates to director compensation and does not significantly alter the company's operations or financial position.

Key Dates