Cabot SVP granted phantom stock dividend units
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.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 2.8237 | $87.65 | $247.50 |
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
dividends paid on phantom stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cabot Corp (CBT) report for William F. Masterson III?
What are the terms of the Phantom Stock Units granted to the Cabot Corp executive?
How many Phantom Stock Units does the Cabot Corp executive hold after this Form 4 transaction?
How are the Cabot Corp Phantom Stock Units in this filing settled for the executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.