4/A: Cabot Director Amends Stock Ownership Filing

Cabot Corporation Director Raffiq Nathoo filed an amended Form 4 detailing both the disposition and acquisition of phantom stock units on December 31, 2025.

Summary

• Raffiq Nathoo, a Director of Cabot Corporation, filed an amended Form 4 (Form 4/A) on January 12, 2026.
• The amendment clarifies transactions involving phantom stock units that occurred on December 31, 2025.
• Nathoo disposed of 3,383.8519 phantom stock units at a price of $66.28 per unit.
• This disposition was made in accordance with the distribution election under the Non-Employee Director's Deferral Plan.
• Nathoo also acquired 358.3283 phantom stock units at a price of $66.28 per unit.
• The acquired phantom stock units will be settled in cash either upon Nathoo's termination of service as a director or in accordance with his distribution election.
• Following these reported transactions, Nathoo beneficially owns 925.7367 phantom stock units from the disposition pool and 1,284.065 phantom stock units from the acquisition pool.

Sentiment

Score: 5

Explanation: This is a neutral, factual filing detailing routine insider transactions related to a director's compensation plan. It provides no positive or negative operational or financial news for the company.

Future Outlook

The filing does not contain forward-looking statements or guidance beyond the settlement terms of the acquired phantom stock units, which will be settled in cash upon termination of service or distribution election.

Industry Context

This is a routine insider transaction filing for a director's equity compensation and deferral plan, which is common across publicly traded companies. It does not provide specific insights into broader industry trends or competitive landscape.

Related Party Transactions

• Transactions involving phantom stock units between Director Raffiq Nathoo and Cabot Corporation as part of the Non-Employee Director's Deferral Plan.

Stakeholder Impact

• Shareholders: Provides transparency regarding director equity ownership and compensation plan activity.

Next Steps

• Settlement of acquired phantom stock units in cash upon Raffiq Nathoo's termination of service as a director or in accordance with his distribution election.

Key Dates

Recommendation

This Form 4/A filing details routine insider transactions (disposition and acquisition of phantom stock units) by a director as part of a compensation deferral plan. Such filings provide transparency but generally do not contain information that would warrant a change in investment recommendation for the company's stock.

Keywords

Cabot Corporation, CBT, Raffiq Nathoo, Form 4/A, Insider Trading, Phantom Stock Units, Director Compensation, SEC Filing, Beneficial Ownership