Form 4: Cabot Corp Executive Vice President, CFO Erica McLaughlin Reports Stock Transactions
SEC Form 4 Filing
Erica McLaughlin, Executive Vice President and CFO of Cabot Corporation, reports the exercise of stock options and subsequent sale of shares on August 27, 2024.
Summary
- On August 27, 2024, Erica McLaughlin, the Executive Vice President and CFO of Cabot Corporation, engaged in transactions involving Cabot Corp common stock.
- McLaughlin exercised employee stock options to acquire 4,676 shares at $50 and 11,714 shares at $50.23.
- Simultaneously, she sold 4,676 shares at $104.491 and 11,714 shares at a weighted average price of $104.139, with prices ranging from $104.120 to $104.510.
- Following these transactions, McLaughlin directly owns 59,814 shares of Cabot Corp common stock.
- She also indirectly owns 1.6069 shares through the trustee for the Corporation's 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the buying and selling activities of company executives.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of stock option exercise and share sale transactions. |
| 08/28/2024 | Date of signature for the Form 4 filing. |
| 11/08/2028 | Expiration date of one of the employee stock options. |
| 11/07/2029 | Expiration date of one of the employee stock options. |
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