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 under the company's supplemental 401(k) plan.

Summary

• On September 30, 2024, Karen A. Kalita, SVP and General Counsel of Cabot Corporation, acquired 40.2212 phantom stock units.
• The acquisition was made under the Corporation's supplemental 401(k) plan.
• These phantom stock units are to be settled upon the reporting person's retirement or other termination of service.
• The price of the derivative security is $111.77.
• Following the reported transaction, Kalita directly owns 3,426.42 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral to positive as it indicates alignment of interests between management and shareholders.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The acquisition of phantom stock units aligns the executive's interests with those of the shareholders, as the value of the units is tied to the company's performance.

Key Dates