Form 4: Cabot Corp Executive Sean Keohane Reports Phantom Stock Units

Cabot Corporation's President and CEO, Sean D. Keohane, reported the acquisition of 83.6823 phantom stock units under the company's supplemental 401(k) plan.

Summary

• Sean D. Keohane, President and CEO of Cabot Corporation, acquired 83.6823 phantom stock units on June 30, 2026.
• These units were acquired under the company's supplemental 401(k) plan.
• The phantom stock units are to be settled upon the reporting person's retirement or other termination of service.
• The acquisition is a non-derivative security transaction.
• Following this transaction, Keohane beneficially owns 47,830.9773 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine reporting of executive compensation and does not indicate new strategic initiatives or significant financial performance changes.

Positives

• The acquisition of phantom stock units indicates continued participation and investment in the company's long-term incentive plans by a key executive.
• The supplemental 401(k) plan suggests a commitment to executive compensation and retention.

Future Outlook

The phantom stock units are to be settled upon the reporting person's retirement or other termination of service, indicating a long-term outlook for the executive's tenure and eventual benefit realization.

Industry Context

StockSavvy.ai notes that executive compensation structures, including phantom stock units and supplemental retirement plans, are common within the chemicals industry to attract and retain top talent, especially for roles like President and CEO.

Stakeholder Impact

• Shareholders: The filing provides transparency on executive compensation, which is a key aspect of corporate governance and can influence investor confidence.
• Employees: The existence of a supplemental 401(k) plan highlights the company's approach to executive benefits.
• Management: Reinforces the long-term incentive alignment for key executives.

Next Steps

• Settlement of phantom stock units upon reporting person's retirement or other termination of service.

Key Dates

Keywords

Cabot Corporation, CBT, Form 4, Insider Trading, Executive Compensation, Phantom Stock Units, 401(k) Plan, Beneficial Ownership, Sean D. Keohane