CABOT CORP (CBT) CFO granted phantom stock unit dividends under 401(k) plan
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
McLaughlin Erica
Role
Executive Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 55.232 | $87.65 | $5K |
Holdings After Transaction:
Phantom Stock Units — 10,300.98 shares (Direct, null)
Footnotes (1)
- 1 for 1 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 granted: 55.2323 units
Reference price per unit: $87.65 per share
Total phantom units after grant: 10,300.9799 units
+1 more
4 metrics
Phantom stock units granted
55.2323 units
Grant/award acquisition on 2026-06-12
Reference price per unit
$87.65 per share
Value basis for phantom stock units
Total phantom units after grant
10,300.9799 units
Holdings following this Form 4 transaction
Conversion ratio
1 for 1
Phantom stock units linked to common stock
Key Terms
Phantom Stock Units, Supplemental 401(k) Plan, Grant, award, or other acquisition, underlying security
4 terms
Phantom Stock Units financial
"Represents dividends paid on phantom stock units acquired under the Corporation's Supplemental 401(k) Plan"
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
"phantom stock units acquired under the Corporation's Supplemental 401(k) Plan and are to be settled"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying security financial
"underlying_security_title: Common Stock, underlying_security_shares: 55.2323"
FAQ
What insider transaction did CABOT CORP (CBT) report for Erica McLaughlin?
CABOT CORP reported that Executive Vice President and CFO Erica McLaughlin received 55.2323 phantom stock units. These are part of a compensation arrangement, not an open-market trade, and increase her total phantom stock unit holdings to 10,300.9799 units.
Are Erica McLaughlin’s CABOT CORP phantom stock units an open-market buy or sell?
The filing shows a grant of 55.2323 phantom stock units to Erica McLaughlin, not an open-market buy or sell. These units are compensation-related awards tied to CABOT CORP’s common stock and are settled later rather than traded immediately.
How many CABOT CORP phantom stock units does the CFO hold after this Form 4?
After this award, CABOT CORP’s CFO Erica McLaughlin holds 10,300.9799 phantom stock units. This total reflects her accumulated compensation-related units under the company’s plans, including the newly credited 55.2323 units reported in the recent Form 4.
What is the reference price for the new CABOT CORP phantom stock units granted?
The 55.2323 phantom stock units granted to Erica McLaughlin use a reference price of $87.65 per share. This price is used to calculate the value of the phantom units, which mirror CABOT CORP common stock rather than being actual shares.
When will Erica McLaughlin’s CABOT CORP phantom stock units be settled?
The phantom stock units are scheduled to be settled upon Erica McLaughlin’s retirement or other termination of employment. Until that time, they remain bookkeeping entries under CABOT CORP’s Supplemental 401(k) Plan, tracking the value of the company’s common stock.
What does the Form 4 say about dividends on CABOT CORP phantom stock units?
The Form 4 explains that the reported 55.2323 phantom stock units represent dividends paid on previously acquired phantom stock units. These dividend equivalents are credited under CABOT CORP’s Supplemental 401(k) Plan and accumulate until settlement at retirement or termination.