CABOT CFO awarded 55 phantom stock units
CABOT CORP Executive Vice President and CFO Erica McLaughlin received a small compensation-related award of phantom stock units linked to CABOT common stock.
Rhea-AI Filing Summary
CABOT CORP Executive Vice President and CFO Erica McLaughlin received a small compensation-related award of phantom stock units linked to CABOT common stock. She acquired 55.2323 phantom stock units at a reference price of $87.65 per share, bringing her total phantom stock unit holdings to 10,300.9799 units.
According to the disclosure, these units represent dividends paid on previously acquired phantom stock units under the company’s Supplemental 401(k) Plan. The phantom stock units are scheduled to be settled in connection with her retirement or other termination of employment, so they do not reflect an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 55.2323 | $87.65 | $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.
Key Figures
Key Terms
Phantom Stock Units financial
Supplemental 401(k) Plan financial
Grant, award, or other acquisition financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CABOT CORP (CBT) report for Erica McLaughlin?
Are Erica McLaughlin’s CABOT CORP phantom stock units an open-market buy or sell?
How many CABOT CORP phantom stock units does the CFO hold after this Form 4?
What is the reference price for the new CABOT CORP phantom stock units granted?
When will Erica McLaughlin’s CABOT CORP phantom stock units be settled?
What does the Form 4 say about dividends on CABOT CORP phantom stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.