Cabot Corp (CBT) CFO reports phantom stock unit acquisition in Form 4 filing
Rhea-AI Filing Summary
Cabot Corporation Executive Vice President and CFO Erica McLaughlin reported a routine change in her deferred equity holdings. On 12/31/2025, she acquired 1,034.5426 phantom stock units linked to Cabot common stock under the company’s supplemental 401(k) plan at a reference price of $66.28 per unit. Each phantom stock unit represents one share of Cabot common stock and is designed to mirror the stock’s value over time. After this transaction, she beneficially owned 10,179.8254 derivative securities in the form of phantom stock units, all held directly. These units are scheduled to be settled in Cabot common stock upon her retirement or other termination of service, reflecting long-term, retirement-focused compensation rather than an open-market trade.
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FAQ
What insider transaction did Cabot Corp (CBT) report for its CFO?
Cabot Corp reported that Executive Vice President and CFO Erica McLaughlin acquired 1,034.5426 phantom stock units linked to Cabot common stock on 12/31/2025 under the company’s supplemental 401(k) plan.
What are the terms of the phantom stock units reported by Cabot Corp (CBT)?
Each phantom stock unit is a 1-for-1 equivalent to a Cabot common share and was recorded at a reference price of $66.28 per unit, tracking the value of the underlying stock.
How many phantom stock units does the Cabot Corp (CBT) CFO own after this transaction?
Following the reported acquisition, the CFO beneficially owned 10,179.8254 derivative securities in the form of phantom stock units, held directly.
When will the Cabot Corp (CBT) phantom stock units be settled?
The reported phantom stock units acquired under the supplemental 401(k) plan are to be settled upon the reporting person’s retirement or other termination of service.
Is the Cabot Corp (CBT) CFO’s transaction part of a retirement or savings plan?
Yes. The filing states that the phantom stock units were acquired under Cabot’s supplemental 401(k) plan, indicating a retirement-oriented compensation arrangement rather than a market trade.
What role does the reporting person hold at Cabot Corp (CBT)?
The reporting person, Erica McLaughlin, serves as Cabot Corp’s Executive Vice President and Chief Financial Officer.