Form 4: Cabot Corp Executive Lisa M. Dumont Reports Acquisition of Phantom Stock Units

Lisa M. Dumont, VP, Controller & CAO of Cabot Corporation, reported the acquisition of phantom stock units under the company's supplemental 401(k) plan on December 31, 2024.

Summary

• On December 31, 2024, Lisa M. Dumont, VP, Controller & CAO of Cabot Corporation, acquired 129.7203 phantom stock units.
• These units were acquired under the Corporation's supplemental 401(k) plan.
• The price of the phantom stock units was $91.31.
• Following the transaction, Ms. Dumont directly owns 538.9342 shares of common stock.
• The phantom stock units are to be settled upon Ms. Dumont's retirement or other termination of service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of phantom stock units aligns Ms. Dumont's interests with the long-term performance of Cabot Corporation.
• The supplemental 401(k) plan provides an additional benefit to the company's executives.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a company-sponsored compensation plan.

Stakeholder Impact

• The acquisition of phantom stock units by a company executive can reassure shareholders that management's interests are aligned with theirs.

Key Dates