Cabot Corp (CBT) director Morrow reports 2,298-share deferred stock grant
Rhea-AI Filing Summary
Cabot Corporation director Michael M. Morrow reported an acquisition of company common stock under a director compensation arrangement. On January 8, 2026, he acquired 2,298 shares of Cabot common stock at a reported price of $0 per share, reflecting stock granted rather than purchased for cash. Following this transaction, he beneficially owned 22,302 shares of Cabot common stock in direct form.
The filing notes that these shares have been deferred under Cabot's Non-Employee Directors' Deferral Plan, meaning the value is credited for the director’s benefit instead of being immediately delivered in standard shares. The transaction reflects routine director equity compensation rather than an open-market trade.
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FAQ
What insider transaction did Cabot Corp (CBT) report for Michael M. Morrow?
Cabot Corp director Michael M. Morrow reported acquiring 2,298 shares of Cabot common stock on January 8, 2026, as disclosed in a beneficial ownership report.
How many Cabot Corp (CBT) shares does Michael M. Morrow own after this transaction?
After the reported transaction, Michael M. Morrow beneficially owned 22,302 shares of Cabot Corp common stock in direct form.
At what price were the Cabot Corp (CBT) shares reported in this insider transaction?
The 2,298 shares acquired by Michael M. Morrow were reported at a price of $0 per share, consistent with stock granted as director compensation rather than purchased in the market.
What is Cabot Corp's Non-Employee Directors' Deferral Plan mentioned in the filing?
The filing explains that the reported shares have been deferred under Cabot's Non-Employee Directors' Deferral Plan, meaning the director’s stock-based compensation is credited for future delivery instead of immediately issued as regular shares.
Is Michael M. Morrow an officer or a director of Cabot Corp (CBT)?
According to the report, Michael M. Morrow is a director of Cabot Corp and is not listed as an officer or a 10% owner in this filing.
Was this Cabot Corp (CBT) insider transaction direct or indirect ownership?
The 2,298 shares acquired on January 8, 2026, are reported as direct (D) ownership by Michael M. Morrow.