Form 4: Cabot SVP Acquires Phantom Stock Units via Dividend

Cabot Corporation's Senior Vice President, William F. Masterson III, acquired 1.9091 phantom stock units through dividend reinvestment, increasing his beneficial ownership.

Summary

• William F. Masterson III, Senior Vice President of Cabot Corp, acquired 1.9091 phantom stock units.
• The transaction occurred on December 12, 2025, with a deemed price of $68.34 per unit.
• These units represent dividends paid on phantom stock units held under the Corporation's Supplemental 401(k) Plan.
• The phantom stock units are to be settled upon Mr. Masterson's retirement or other termination of employment.
• Following this transaction, Mr. Masterson beneficially owns 291.8366 phantom stock units.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to an insider increasing their beneficial ownership through dividend reinvestment, signaling continued alignment with shareholder interests. However, the small transaction size limits the overall impact.

Positives

• The acquisition of phantom stock units through dividend reinvestment demonstrates continued alignment of management's interests with shareholder value.
• An increase in insider beneficial ownership, even if small, can be viewed as a positive signal of confidence in the company's future.

Negatives

• The transaction size of 1.9091 units is very small, indicating a minimal direct impact on overall insider ownership percentages.

Future Outlook

The phantom stock units acquired are scheduled to be settled upon the reporting person's retirement or other termination of employment, indicating a long-term holding strategy for these specific units.

Industry Context

This filing is a routine insider transaction report and does not provide specific details related to broader industry trends or competitive landscape. It primarily reflects an individual executive's compensation and investment activity within the company.

Stakeholder Impact

• Shareholders: The dividend reinvestment by a Senior Vice President indicates continued alignment of management interests with shareholder value.

Next Steps

• The phantom stock units will be settled upon William F. Masterson III's retirement or other termination of employment.

Key Dates

Recommendation

This Form 4 filing details a small, routine dividend reinvestment by a Senior Vice President. While it signals continued insider alignment, the transaction's size and nature are not significant enough to warrant a change in investment recommendation for Cabot Corp. Investors should consider broader financial performance, strategic initiatives, and market conditions rather than this isolated event.

Keywords

Cabot Corp, CBT, Insider Transaction, Form 4, Phantom Stock Units, Dividend Reinvestment, Executive Compensation, Beneficial Ownership