CBT.NYSECabot CORP

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

Sentiment:

SEC Form 4 Filing


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

Summary

  • On March 14, 2025, Lisa M. Dumont, VP, Controller & CAO of Cabot Corporation, acquired 2.7818 phantom stock units.
  • These units were acquired under the Corporation's supplemental 401(k) plan.
  • The price of the phantom stock units was $83.31.
  • Following the transaction, Ms. Dumont directly owns 541.716 shares of Common Stock.
  • The phantom stock units are to be settled upon the reporting person's retirement or other termination of service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of stock units can be seen as a slightly positive sign of confidence, but it's not a major event.

Positives

  • The acquisition of phantom stock units by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

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

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 the company's compensation plan.

Stakeholder Impact

  • The acquisition of phantom stock units by a company executive can have a minor positive impact on shareholder confidence.

Key Dates

DateDescription
03/14/2025Date of transaction: Acquisition of phantom stock units.
03/18/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.