Cabot director granted 30.6 phantom stock units
Cabot Corp director Douglas G. DelGrosso received additional phantom stock units as dividend-equivalent compensation, modestly increasing his deferred equity-based holdings.
Rhea-AI Filing Summary
CABOT CORP (CBT) reported that director Douglas G. DelGrosso acquired 30.628 Phantom Stock Units on September 11, 2026 as a grant under the Non-Employee Director's Deferral Plan. Each unit is tied 1-for-1 to a share of common stock, increasing his phantom stock holdings to 5,195.5819 units. These units represent dividend equivalents and will be settled after his board service ends or according to his distribution election. No Rule 10b5-1 trading plan is reported for this transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 30.628 | $79.68 | $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.
Key Figures
Key Terms
Phantom Stock Units financial
Non-Employee Director's Deferral Plan financial
distribution election financial
FAQ
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What insider transaction did CBT report for director Douglas G. DelGrosso?
How many phantom stock units does the CBT director hold after this transaction?
What are the key terms of the phantom stock units reported by CBT?
Was the CBT insider transaction made under a Rule 10b5-1 trading plan?
Does the CBT director’s phantom stock unit grant involve any immediate cash transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.