Form 4: Cabot Corp Executive Vice President Sells Shares in Recent Transactions
SEC Form 4 Filing
Executive Vice President of Cabot Corp, Jeff Ji Zhu, sold 14,566 shares of common stock on November 13, 2024, following a transaction to cover tax obligations.
Summary
- Jeff Ji Zhu, an Executive Vice President at Cabot Corp, engaged in two transactions involving the company's common stock.
- On November 12, 2024, 1,143 shares were disposed of at a price of $112.54 per share to cover tax obligations.
- Following this, on November 13, 2024, Mr. Zhu sold 14,566 shares at $113.25 per share.
- After these transactions, Mr. Zhu directly owns 69,449 shares of Cabot Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions by an executive, with no indication of positive or negative sentiment.
Industry Context
This is a routine SEC Form 4 filing, which is common for corporate executives who trade company stock. These filings are a normal part of corporate governance and transparency.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for publicly traded companies in the United States.
- The transactions are typical for executives managing their personal holdings and tax obligations.
- Similar filings are made by executives at companies like Dow, DuPont, and LyondellBasell when they trade their company's stock.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on investor sentiment, but is unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | 1,143 shares were disposed of to cover tax obligations at $112.54 per share. |
| 11/13/2024 | 14,566 shares were sold at $113.25 per share. |
| 11/14/2024 | Date of signature for the SEC Form 4 filing. |
Keywords
Cabot Corp, stock sale, insider trading, executive vice president, Jeff Ji Zhu, common stock, SEC Form 4
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