Form 4: Cabot Corp Director Wolfgruber Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Director Matthias L. Wolfgruber reports acquisition of phantom stock units in Cabot Corp through dividend payments under the Non-Employee Director's Deferral Plan.
Summary
- On March 14, 2025, Matthias L. Wolfgruber, a director of Cabot Corp, acquired 116.3956 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 $83.31.
- Following the transaction, Wolfgruber directly owns 22,667.3754 shares of Cabot Corp 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: 7
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Acquisition of phantom stock units. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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