Cabot Corp (CBT) SVP receives additional phantom stock units as dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabot Corp Senior Vice President William F. Masterson III received a grant of 2.8237 Phantom Stock Units on Common Stock as a compensation-related award. These units were credited as dividends on prior phantom holdings under the company’s Supplemental 401(k) Plan and convert 1-for-1 into Cabot common stock equivalents. Following this grant, his phantom stock balance stands at 526.6187 units, which will be settled in shares after retirement or other termination of employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Masterson William F III
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 2.824 | $87.65 | $247.50 |
Holdings After Transaction:
Phantom Stock Units — 526.619 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 units granted: 2.8237 units
Reference price per unit: $87.6500 per unit
Total phantom units after grant: 526.6187 units
+1 more
4 metrics
Phantom units granted
2.8237 units
Phantom Stock Units credited as dividend equivalents on 2026-06-12
Reference price per unit
$87.6500 per unit
Transaction price per Phantom Stock Unit on 2026-06-12
Total phantom units after grant
526.6187 units
Phantom Stock Units held following the reported transaction
Conversion ratio
1-for-1
Each Phantom Stock Unit tracks one share of Cabot common stock
Key Terms
Phantom Stock Units, Supplemental 401(k) Plan, dividends paid on phantom stock units
3 terms
Phantom Stock Units financial
"Phantom Stock Units acquired as a grant, with underlying Common Stock"
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
"acquired under the Corporation's Supplemental 401(k) Plan and are to be settled"
dividends paid on phantom stock units financial
"Represents dividends paid on phantom stock units acquired under the Corporation's Supplemental"
FAQ
What insider transaction did Cabot Corp (CBT) report for William F. Masterson III?
Cabot Corp reported that Senior Vice President William F. Masterson III received 2.8237 Phantom Stock Units. These units represent dividend equivalents credited under the Supplemental 401(k) Plan and increase his deferred phantom stock balance rather than reflecting an open-market trade.
What are the terms of the Phantom Stock Units granted to the Cabot Corp executive?
The Phantom Stock Units convert to Cabot common stock on a 1-for-1 basis. They were granted as dividend equivalents on existing phantom units and will be settled in shares when the executive retires or otherwise leaves employment, rather than immediately delivering stock or cash.
How many Phantom Stock Units does the Cabot Corp executive hold after this Form 4 transaction?
After this acquisition, the executive holds a total of 526.6187 Phantom Stock Units. These units track the value of Cabot Corp common stock and are part of a deferred compensation arrangement, to be settled in shares at retirement or employment termination.
How are the Cabot Corp Phantom Stock Units in this filing settled for the executive?
The Phantom Stock Units are scheduled to be settled upon the executive’s retirement or other termination of employment. At that time, the units convert on a 1-for-1 basis into Cabot Corp common stock equivalents, providing deferred equity-based compensation instead of immediate share delivery.