Form 4: Cabot Corp VP Controller Acquires Shares

Cabot Corporation's VP, Controller & CAO, Lisa M. Dumont, reported the acquisition of common stock, including performance-based units, and a disposition for tax purposes.

Summary

• Lisa M. Dumont, VP, Controller & CAO of Cabot Corp, reported transactions on November 19, 2025.
• Acquired 1,606 shares of common stock at a price of $0.
• Acquired an additional 901 shares of common stock at a price of $0, representing performance-based units earned for fiscal year 2025, with 637 of these units still subject to time-based vesting.
• Disposed of 200 shares of common stock at a price of $59.76, likely for tax withholding related to the vesting of shares.
• Following these transactions, Dumont directly beneficially owns 11,715 shares of common stock.
• Dumont also indirectly beneficially owns 1,598.5907 shares through the Corporation's 401(k) Plan.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, including the vesting of performance-based units, which is generally positive as it indicates company performance and executive retention. The disposition is for tax purposes, which is standard.

Positives

• Acquisition of 1,606 shares of common stock at no cost, indicating equity compensation.
• Acquisition of 901 shares as performance-based units, reflecting achievement of company performance targets for fiscal year 2025.
• Increased direct beneficial ownership of common stock to 11,715 shares after all reported transactions.

Negatives

• Disposition of 200 shares of common stock at $59.76, likely for tax withholding, which reduces direct ownership.

Future Outlook

The filing indicates that 637 of the performance-based units acquired remain subject to time-based vesting, suggesting future equity compensation events.

Industry Context

This Form 4 reflects routine equity compensation and tax-related transactions for a senior executive at a publicly traded company. Such filings are common across industries as part of executive compensation packages tied to company performance and retention.

Comparison to Industry Standards

• Not applicable. This filing details individual executive stock transactions, not company-wide financial results or operational performance that would be benchmarked against industry peers.

Related Party Transactions

• Indirect beneficial ownership of 1,598.5907 shares through the Corporation's 401(k) Plan, which is a standard employee benefit.

Stakeholder Impact

• Shareholders: The increase in direct beneficial ownership by a key executive may signal confidence in the company's future, while the disposition for tax purposes is a routine event.
• Employees: The performance-based units highlight the company's compensation structure, potentially motivating other employees.

Next Steps

• 637 performance-based units remain subject to time-based vesting, implying future vesting events.

Key Dates

Recommendation

This Form 4 details routine equity compensation and tax-related share dispositions by a senior executive. While the acquisition of performance-based units is a positive indicator of company performance and executive alignment, the transactions are not substantial enough to warrant a change in investment recommendation. It reflects standard compensation practices rather than a significant new investment or divestment decision by the insider.

Keywords

Cabot Corp, CBT, Lisa M. Dumont, Insider Trading, Form 4, Stock Acquisition, Performance Units, Equity Compensation, Beneficial Ownership