Form 4: Cabot Corp Executive Vice President, CFO, Erica McLaughlin, Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Erica McLaughlin, Executive Vice President and CFO of Cabot Corporation, reports the acquisition of phantom stock units under the company's supplemental 401(k) plan.
Summary
- On March 14, 2025, Erica McLaughlin, Executive Vice President and CFO of Cabot Corporation, acquired 45.3749 phantom stock units.
- The acquisition was made under the Corporation's supplemental 401(k) plan.
- The phantom stock units are to be settled upon McLaughlin's retirement or other termination of service.
- The price of the phantom stock units was $83.31.
- Following the transaction, McLaughlin directly owns 8,836.4654 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It reports a standard transaction related to executive compensation, with no inherent positive or negative implications.
Positives
- The acquisition of phantom stock units aligns McLaughlin's interests with the long-term performance of Cabot Corporation.
- The supplemental 401(k) plan provides a benefit to the reporting person.
Future Outlook
The phantom stock units will be settled upon the reporting person's retirement or other termination of service.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is standard practice for executives to receive stock-based compensation as part of their overall remuneration.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Acquisition of phantom stock units. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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