Form 4: Cabot Corp Executive Karen A. Kalita Reports Acquisition of Phantom Stock Units

Karen A. Kalita, SVP and General Counsel of Cabot Corporation, reports the acquisition of phantom stock units due to dividends paid under the company's Supplemental 401(k) Plan.

Summary

• On December 31, 2024, Karen A. Kalita, SVP and General Counsel of Cabot Corporation, acquired 713.2636 phantom stock units.
• These units were acquired as dividends paid on phantom stock units under the Corporation's Supplemental 401(k) Plan.
• The price per share for the underlying common stock was $91.31.
• Following the transaction, Kalita directly owns 4,153.9355 phantom stock units.
• The phantom stock units are to be settled upon the reporting person's retirement or other termination of employment.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, indicating a stable and ongoing benefit program. The sentiment is neutral to slightly positive as it reflects continued investment by the executive.

Positives

• The acquisition of phantom stock units through dividend payments indicates a continued investment in Cabot Corporation by its executives.
• The Supplemental 401(k) Plan provides an additional benefit to employees, potentially improving morale and retention.

Future Outlook

The phantom stock units will be settled upon the reporting person's retirement or other termination of employment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in beneficial ownership by a company executive.
• Employees may view the Supplemental 401(k) Plan as a positive benefit.

Key Dates