Cabot CFO granted 65.9 phantom stock units
Cabot Corp Executive Vice President and CFO Erica McLaughlin received a grant of 65.9221 phantom stock units on common stock, valued at $69.49 per unit.
Rhea-AI Filing Summary
Cabot Corp Executive Vice President and CFO Erica McLaughlin received a grant of 65.9221 phantom stock units on common stock, valued at $69.49 per unit. This increased her phantom stock balance to 10,245.7476 units.
According to the footnotes, these units represent dividends paid on previously acquired phantom stock units under Cabot’s Supplemental 401(k) Plan. The phantom stock units are credited on a 1-for-1 basis with Cabot common stock and are scheduled to be settled in shares after her retirement or other termination of employment, rather than being immediately tradable stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 65.9221 | $69.49 | $5K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cabot Corp (CBT) CFO Erica McLaughlin report in this Form 4?
How many phantom stock units does the Cabot (CBT) CFO hold after this transaction?
What is the nature of the phantom stock units granted to Cabot (CBT) CFO?
Was this Cabot (CBT) Form 4 a purchase or sale of common stock?
How is the value of the Cabot (CBT) phantom stock units reported in this Form 4?
When will the Cabot (CBT) CFO’s phantom stock units from this filing be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.