Cabot Corp (NYSE: CBT) SVP receives new phantom stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CABOT CORP senior vice president and general counsel Karen A. Kalita reported a routine compensation-related transaction involving phantom stock units. She acquired 28.4703 phantom stock units linked 1-for-1 to Cabot common stock at a reference price of $87.65 per share.
These units represent dividend equivalents credited under the company’s Supplemental 401(k) Plan and are scheduled to be settled in shares or cash when she retires or otherwise leaves the company. Following this grant, her total phantom stock unit balance stands at 5,309.7899 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kalita Karen A
Role
SVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 28.47 | $87.65 | $2K |
Holdings After Transaction:
Phantom Stock Units — 5,309.79 shares (Direct, null)
Footnotes (1)
- 1 for 1 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
Phantom units granted: 28.4703 units
Reference share price: $87.65 per share
Total phantom units after grant: 5,309.7899 units
+3 more
6 metrics
Phantom units granted
28.4703 units
Grant of phantom stock units as dividend equivalents
Reference share price
$87.65 per share
Price used for phantom stock unit crediting
Total phantom units after grant
5,309.7899 units
Balance following reported transaction
Conversion ratio
1 for 1
Phantom stock units to Cabot common stock linkage
Transaction code
A
Grant, award, or other acquisition of derivative security
Transaction date
June 12, 2026
Date phantom stock units were credited
Key Terms
Phantom Stock Units, Supplemental 401(k) Plan, dividend equivalents, grant, award, or other acquisition
4 terms
Phantom Stock Units financial
"Phantom Stock Units acquired as a grant linked 1-for-1 to common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Supplemental 401(k) Plan financial
"Dividends paid on phantom stock units under the Corporation's Supplemental 401(k) Plan."
dividend equivalents financial
"Represents dividends paid on phantom stock units acquired under the plan."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
grant, award, or other acquisition financial
"Transaction coded as a grant, award, or other acquisition (Code A)."
FAQ
What insider transaction did CABOT CORP (CBT) report for Karen A. Kalita?
CABOT CORP reported that SVP and general counsel Karen A. Kalita received 28.4703 phantom stock units as a compensation-related grant. These units are credited as dividend equivalents under the Supplemental 401(k) Plan and track the value of Cabot common stock.
What are the terms of Karen Kalita’s new phantom stock units at CABOT CORP (CBT)?
Karen Kalita’s new 28.4703 phantom stock units are granted on a 1-for-1 basis with Cabot common stock at a reference price of $87.65. They accrue as dividend equivalents under the Supplemental 401(k) Plan and will be settled after her retirement or employment termination.
How many phantom stock units does Karen Kalita hold after this CABOT CORP (CBT) award?
After this award, Karen Kalita’s total phantom stock unit balance is 5,309.7899 units. These units mirror Cabot common stock value and represent deferred compensation, to be distributed upon her retirement or other termination of employment in accordance with plan terms.
Is Karen Kalita’s CABOT CORP (CBT) Form 4 transaction a stock purchase or sale?
The Form 4 reports an acquisition coded as a grant or award, not an open-market stock purchase or sale. She received 28.4703 phantom stock units as compensation, representing dividend equivalents under the Supplemental 401(k) Plan rather than discretionary trading activity.
When will Karen Kalita’s CABOT CORP (CBT) phantom stock units be settled?
The phantom stock units are scheduled to be settled upon Karen Kalita’s retirement or other termination of employment. At that time, the units earned under CABOT CORP’s Supplemental 401(k) Plan will be distributed according to plan rules, typically in cash or shares.