Cabot director granted phantom stock units
DELGROSSO DOUGLAS G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DELGROSSO DOUGLAS G reported acquisition or exercise transactions in this Form 4 filing.
CABOT CORP director Douglas G. DelGrosso received an additional 33.0535 phantom stock units credited on March 13, 2026. These units were valued at $69.4900 per unit and increase his deferred phantom stock balance to 5,137.2601 units.
The footnotes explain that the units represent dividends paid on phantom stock units under the Corporation's Non-Employee Director's Deferral Plan. They will be settled on a 1-for-1 basis in Cabot common stock either when he leaves the board or according to his chosen distribution schedule, whichever happens first.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 33.0535 | $69.49 | $2K |
Footnotes (2)
- F1. 1 for 1
- F2. Represents dividends paid on phantom stock units acquired under the Corporation's Non-Employee Director's Deferral Plan and will be settled either upon the reporting person's termination of service as a director or in accordance with the distribution election of the reporting person, whichever first occurs.
FAQ
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What insider transaction did CABOT CORP (CBT) report for Douglas G. DelGrosso?
What are phantom stock units in CABOT CORP's Form 4 for CBT?
How many CABOT CORP phantom stock units does Douglas G. DelGrosso hold after this Form 4?
When will Douglas G. DelGrosso’s CABOT CORP phantom stock units be settled?
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