Cabot CEO credited phantom stock dividend units
Cabot Corp President and CEO Sean D. Keohane reported an acquisition of phantom stock units as part of his deferred compensation.
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Rhea-AI Filing Summary
Cabot Corp President and CEO Sean D. Keohane reported an acquisition of phantom stock units as part of his deferred compensation. On the transaction date, he was credited with 256.0140 phantom stock units tied to Cabot common stock at a reference price of $87.65 per unit.
According to the footnotes, these units represent dividends paid on previously acquired phantom stock units under the company’s Supplemental 401(k) Plan. They are scheduled to be settled in Cabot common stock when he retires or otherwise leaves the company. Following this credit, his phantom stock balance reported in this plan is 47,747.2951 units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 256.014 | $87.65 | $22K |
Footnotes (2)
- F1. 1 for 1
- F2. Represents dividends paid on phantom stock units acquired under the Corporation's Supplemental 401(k) Plan and are to be settled upon the reporting person's retirement or other termination of employment.
Key Figures
Key Terms
Phantom Stock Units financial
Supplemental 401(k) Plan financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cabot Corp (CBT) CEO Sean Keohane report in this Form 4?
Is the Cabot Corp (CBT) CEO’s Form 4 a stock purchase or sale?
How many phantom stock units does the Cabot (CBT) CEO hold after this transaction?
What are phantom stock units in Cabot Corp’s (CBT) Supplemental 401(k) Plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.