Cabot Corp (CBT) director reports changes in phantom stock unit balance
Rhea-AI Filing Summary
Cabot Corporation director Raffiq Nathoo filed an amended insider report updating his holdings of cash-settled phantom stock units tied to Cabot common stock. On 12/31/2025, he reported the disposition of 3,383.8519 phantom stock units referencing the same number of Cabot common shares at $66.28 per share, in line with his distribution election under the Non-Employee Director's Deferral Plan. He also reported acquiring 358.3283 additional phantom stock units on the same date at $66.28, bringing his directly held phantom stock balance to 1,284.065 units. These phantom units are paid in cash and are designed to mirror the value of Cabot’s stock rather than representing actual shares.
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FAQ
What insider activity did Cabot Corp (CBT) disclose in this Form 4/A?
The filing shows director Raffiq Nathoo updated his holdings of phantom stock units tied to Cabot Corp common stock, including a disposition and a new grant on 12/31/2025 under the Non-Employee Director's Deferral Plan.
How many Cabot Corp-related phantom stock units were disposed of in this filing?
The report discloses the disposition of 3,383.8519 phantom stock units, each tied on a 1-for-1 basis to Cabot Corp common stock and valued at $66.28 per share.
Did the Cabot Corp (CBT) director receive any new phantom stock units?
Yes. On 12/31/2025, the director reported acquiring 358.3283 phantom stock units at a reference price of $66.28 per share under the Non-Employee Director's Deferral Plan.
What is the director’s remaining phantom stock balance reported for Cabot Corp (CBT)?
After the reported transactions, the director directly beneficially owns 1,284.065 phantom stock units tied to Cabot Corp common stock.
How are the Cabot Corp (CBT) phantom stock units settled for the director?
The phantom stock units will be settled in cash either upon the director’s termination of service or according to the director’s distribution election, whichever occurs first.
Why was this Cabot Corp (CBT) Form 4/A filed as an amendment?
The amendment adds the disposition of phantom stock units on 12/31/2025 in accordance with the director’s distribution election under the Non-Employee Director's Deferral Plan to a Form 4 that was originally filed on 01/05/2026.