Cabot SVP awarded 33.98 phantom stock units
Kalita Karen A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kalita Karen A reported acquisition or exercise transactions in this Form 4 filing.
CABOT CORP senior vice president and general counsel Karen A. Kalita received an automatic award of 33.9804 phantom stock units on Common Stock. These units were credited on the basis of dividends paid under the corporation's Supplemental 401(k) Plan and are part of her deferred compensation.
After this grant, Kalita holds a total of 5,281.3196 phantom stock units. Each phantom unit is linked 1-for-1 to a share of Cabot common stock and is scheduled to be settled in stock or cash only when she retires or otherwise leaves the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 33.9804 | $69.49 | $2K |
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 insider transaction did CABOT CORP (CBT) report for Karen A. Kalita?
How many phantom stock units does Karen A. Kalita hold after this CABOT CORP Form 4?
What is the nature of the phantom stock unit award reported by CABOT CORP (CBT)?
When will Karen A. Kalita’s CABOT CORP phantom stock units be settled?
What does 1-for-1 mean for CABOT CORP phantom stock units in this filing?
Was this CABOT CORP (CBT) Form 4 a buy or sell in the open market?
AI-generated analysis. How Rhea-AI works. Not financial advice.