CBT.NYSECabot CORP

Form 4: Cabot Corp Executive Vice President, CFO, Erica McLaughlin, Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Erica McLaughlin, Executive Vice President and CFO of Cabot Corp, reports the acquisition of 10,090 shares and the disposal of 4,197 shares of common stock.

Summary

  • Erica McLaughlin, Executive Vice President and CFO of Cabot Corp, reported a transaction involving the company's common stock.
  • On November 18, 2024, Ms. McLaughlin acquired 10,090 shares of common stock.
  • These shares were performance-based units earned based on the corporation's performance in fiscal year 2024, with 6,366 of these shares still subject to time-based vesting.
  • On the same day, 4,197 shares were disposed of at a price of $108.82 per share.
  • Following these transactions, Ms. McLaughlin directly owns 67,068 shares of Cabot Corp common stock and indirectly owns 1.6184 shares through the trustee for the corporation's 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions reported are typical for executive compensation and stock ownership changes.

Stakeholder Impact

  • The transactions may have a minor impact on the total outstanding shares of Cabot Corp, but are unlikely to significantly affect the share price.

Key Dates

DateDescription
11/18/2024Date of the reported stock transactions, including acquisition and disposal of shares.
11/20/2024Date the form was signed by Jennifer Lombardi, pursuant to a power of attorney from Erica McLaughlin.

Keywords

Cabot Corp, Erica McLaughlin, Executive Vice President, CFO, stock transaction, Form 4, share acquisition, share disposal, performance-based units, vesting

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