Form 4: Cabot Corp SVP and General Counsel Karen A. Kalita Reports Stock Transactions

Karen A. Kalita, SVP and General Counsel of Cabot Corporation, reports the exercise of stock options and subsequent sale of shares on May 10, 2024.

Summary

• On May 10, 2024, Karen A. Kalita, the SVP and General Counsel of Cabot Corporation, exercised employee stock options to acquire 13,764 shares of common stock at a price of $50.23 per share.
• Following the exercise of the options, Ms. Kalita sold 13,764 shares of common stock at a weighted average price of $101.73 per share.
• After these transactions, Ms. Kalita directly owns 34,312 shares of Cabot Corporation common stock.
• Ms. Kalita also indirectly owns 577.5921 shares through the trustee for the Corporation's 401(k) Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure 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 into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates