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

Lisa M. Dumont, Vice President and Controller of Cabot Corporation, reported the acquisition of phantom stock units due to dividends paid on units acquired under the company's Supplemental 401(k) Plan.

Summary

• On March 8, 2024, Lisa M. Dumont, Vice President and Controller of Cabot Corporation, reported a transaction involving phantom stock units.
• Dumont acquired 1.8469 phantom stock units as a result of dividends paid on previously acquired units under the Corporation's Supplemental 401(k) Plan.
• The price per unit was $87.11.
• Following the transaction, Dumont directly owns 404.0616 phantom stock units.
• These units are to be settled upon Dumont'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 expected process within the company. There are no indications of negative sentiment.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the compensation and holdings of company executives. It reflects standard practices for equity-based compensation plans.

Stakeholder Impact

• The transaction has a minor positive impact on Lisa M. Dumont's personal holdings.
• The transaction has no immediate impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates