Cabot CFO awarded 61 phantom stock units
Cabot Corp’s CFO received additional phantom stock units as dividend equivalents under a deferred compensation plan, increasing her deferred holdings.
Rhea-AI Filing Summary
CABOT CORP (CBT) reported that Executive Vice President and CFO Erica McLaughlin acquired 61.0845 Phantom Stock Units on September 11, 2026 as a grant under a compensation plan. These units are credited 1-for-1 with Cabot common stock and reflect dividends on prior phantom stock units, to be settled after retirement or other termination of employment. Following this award, she holds 10,362.0644 Phantom Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 61.0845 shares
Grant/Award
1 txn
Insider
McLaughlin Erica
Role
Executive Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 61.0845 | $79.68 | $5K |
Holdings After Transaction:
Phantom Stock Units — 10,362.0644 contracts (Direct)
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
Phantom Stock Units acquired: 61.0845 units
Per-unit price for Phantom Stock Units: $79.68 per unit
Total Phantom Stock Units after transaction: 10,362.0644 units
+1 more
4 metrics
Phantom Stock Units acquired
61.0845 units
Grant/award to CFO on September 11, 2026
Per-unit price for Phantom Stock Units
$79.68 per unit
Value reported for the September 11, 2026 phantom stock grant
Total Phantom Stock Units after transaction
10,362.0644 units
CFO’s direct phantom stock unit balance following the grant
Underlying security shares
61.0845 shares
Common stock equivalent underlying the new Phantom Stock Units
Key Terms
Phantom Stock Units, Supplemental 401(k) Plan, dividends paid
3 terms
Phantom Stock Units financial
"Represents dividends paid on phantom stock units acquired under the Corporation's"
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
"acquired under the Corporation's Supplemental 401(k) Plan and are to be"
dividends paid financial
"Represents dividends paid on phantom stock units acquired under the"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CABOT CORP (CBT) disclose for CFO Erica McLaughlin?
CABOT CORP disclosed that CFO Erica McLaughlin acquired 61.0845 Phantom Stock Units on September 11, 2026 as a grant or award, increasing her direct phantom stock unit holdings under a company plan.
How many Phantom Stock Units does the CABOT CORP (CBT) CFO hold after this Form 4 transaction?
After the reported transaction, CFO Erica McLaughlin holds 10,362.0644 Phantom Stock Units directly, representing deferred compensation linked 1-for-1 to Cabot common stock and payable after retirement or other termination of employment.
What is the nature of the Phantom Stock Units reported by CABOT CORP (CBT)?
The Phantom Stock Units are 1-for-1 units linked to Cabot common stock. The reported 61.0845 units represent dividends paid on phantom stock units acquired under the Corporation's Supplemental 401(k) Plan and are to be settled upon retirement or other termination of employment.
What price per unit is associated with the CABOT CORP (CBT) phantom stock grant?
The reported transaction lists a price of $79.68 per Phantom Stock Unit for the 61.0845 units credited on September 11, 2026, reflecting the value used for this phantom stock grant or award under the compensation plan.
Was the CABOT CORP (CBT) CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the September 11, 2026 phantom stock unit grant occurred under a Rule 10b5-1 trading plan.
When will the CABOT CORP (CBT) Phantom Stock Units be settled for the CFO?
The footnote states that the Phantom Stock Units, including the 61.0845 units from this transaction, are to be settled upon the reporting person's retirement or other termination of employment, consistent with the terms of the Supplemental 401(k) Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.