Form 4: Cabot Corp Executive Karen A. Kalita Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
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 March 14, 2025, Karen A. Kalita, SVP and General Counsel of Cabot Corporation, acquired phantom stock units.
- The acquisition was due to dividends paid on phantom stock units acquired under the Corporation's Supplemental 401(k) Plan.
- A total of 21.4403 phantom stock units were acquired at a price of $83.31, resulting in 4,175.376 derivative securities beneficially owned.
- These phantom stock units are to be settled upon the reporting person's retirement or other termination of employment.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future performance.
Stakeholder Impact
- The acquisition of phantom stock units by an executive may have a minor positive impact on shareholder sentiment due to alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Acquisition of phantom stock units. |
| 03/18/2025 | Date of signature on the report. |
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