Form 4: Cabot Corporation Director Raffiq Nathoo Increases Beneficial Ownership Through Phantom Stock Unit Acquisition

Cabot Corporation Director Raffiq Nathoo acquired 316.6667 phantom stock units through dividend reinvestment, increasing his total beneficial ownership to 3,947.2994 units.

Summary

• Raffiq Nathoo, a Director of Cabot Corporation (CBT), acquired 316.6667 phantom stock units on June 30, 2025.
• These units represent dividends paid on existing phantom stock units under the Corporation's Non-Employee Director's Deferral Plan.
• Each phantom stock unit is equivalent to one share of Common Stock.
• The price of the derivative security was $75 per unit.
• Following this transaction, Raffiq Nathoo directly beneficially owns 3,947.2994 phantom stock units.
• The units will be settled upon termination of service as a director or in accordance with the reporting person's distribution election, whichever occurs first.

Sentiment

Score: 6

Explanation: The document reports a routine acquisition of phantom stock units by a director through dividend reinvestment, which is a standard part of director compensation plans and can be viewed as a minor positive signal of continued insider alignment.

Positives

• Director Raffiq Nathoo increased his beneficial ownership in Cabot Corporation through the acquisition of additional phantom stock units.
• The acquisition of units via dividends suggests a reinvestment strategy, potentially indicating long-term commitment and alignment with shareholder interests.

Negatives

• None identified.

Risks

• None explicitly stated in this transaction report.

Future Outlook

The acquired phantom stock units will be settled either upon Raffiq Nathoo's termination of service as a director or in accordance with his distribution election, whichever occurs first.

Management Comments

• None explicitly stated.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• This document is a routine insider transaction report and does not contain information for comparison to industry standards or specific comparable companies/projects.

Related Party Transactions

• The acquisition of phantom stock units occurred under the Corporation's Non-Employee Director's Deferral Plan, which is a standard compensation arrangement between the company and its directors.

Stakeholder Impact

• Shareholders: Minor positive signal of director's continued alignment with company interests.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.

Next Steps

• Settlement of phantom stock units upon termination of service as a director or in accordance with the reporting person's distribution election.

Key Dates

Keywords

Cabot Corporation, CBT, Raffiq Nathoo, Phantom Stock Units, Insider Transaction, SEC Form 4, Director Compensation, Dividend Reinvestment