Cabot Corp (CBT) director receives cash-settled phantom stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nathoo Raffiq reported acquisition or exercise transactions in this Form 4 filing.

Cabot Corp director Raffiq Nathoo received a grant of phantom stock units as compensation. On this Form 4, he was granted 261.5064 phantom stock units tied to Cabot common stock at a reference price of $90.82 per unit. Following the award, his reported balance is 1,877.9167 phantom stock units.

The phantom stock units track Cabot’s common stock on a 1-for-1 basis and are cash-settled rather than delivering actual shares. They will be paid out in cash either when Nathoo’s service as a director ends or according to his prior distribution election, whichever happens first.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nathoo Raffiq

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	261.506	$90.82	$24K

Holdings After Transaction: Phantom Stock Units — 1,877.917 shares (Direct, null)

Footnotes (1)

1 for 1 The phantom stock will be settled in cash either upon the reporting person's termination of service as a director or in accordance with the distribution election of the reporting person, whichever first occurs.

Key Figures

Phantom units granted: 261.5064 units Reference price per unit: $90.82 per unit Total phantom units after grant: 1,877.9167 units +3 more

6 metrics

Phantom units granted 261.5064 units Grant of phantom stock units to director on 2026-06-30

Reference price per unit $90.82 per unit Transaction price per phantom stock unit

Total phantom units after grant 1,877.9167 units Director’s phantom stock balance following the transaction

Conversion ratio 1-for-1 Each phantom stock unit tied to one share of common stock

Underlying common shares 261.5064 shares Underlying Cabot Corp common stock for this phantom unit grant

Settlement trigger Termination or distribution election Cash paid at director termination or elected distribution time

Key Terms

Phantom Stock Units, distribution election, cash settled, 1 for 1

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

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.

distribution election financial

"in accordance with the distribution election of the reporting person"

cash settled financial

"The phantom stock will be settled in cash either upon the reporting person's termination"

A contract described as cash settled is one where, at the end, one party pays the monetary difference in value rather than delivering the actual underlying asset. For investors this matters because it simplifies transactions (like settling a bet by paying the win amount instead of handing over a physical item), affects liquidity and timing of cash flows, and changes exposure to storage, delivery logistics and certain tax or counterparty considerations.

1 for 1 financial

"1 for 1"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 08:58 AM Accepted by SEC EDGAR 07/02/2026 - 08:57 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nathoo Raffiq

(Last)

(First)

(Middle)

C/O CABOT CORPORATION

TWO SEAPORT LANE, SUITE 1400

(Street)

BOSTON

MASSACHUSETTS

02210

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CABOT CORP [ CBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	06/30/2026		A		261.5064		⁽²⁾	⁽²⁾	Common Stock	261.5064	$90.82	1,877.9167	D

Explanation of Responses:

1. 1 for 1

2. The phantom stock will be settled in cash either upon the reporting person's termination of service as a director or in accordance with the distribution election of the reporting person, whichever first occurs.

	By: Mazda Cintron, pursuant to a power of attorney from Raffiq Nathoo	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Cabot Corp (CBT) director Raffiq Nathoo report on this Form 4?

Director Raffiq Nathoo reported receiving 261.5064 phantom stock units as a compensation grant. These units are tied to Cabot Corp common stock and increase his total phantom unit holdings to 1,877.9167 units after the transaction.

How many phantom stock units did Nathoo receive from Cabot Corp (CBT)?

Nathoo received 261.5064 phantom stock units in this grant. The units are valued using a reference price of $90.82 per unit and are designed to mirror Cabot Corp’s common stock value on a 1-for-1 basis for cash-settlement purposes.

What is the total phantom stock balance for Cabot Corp (CBT) director Nathoo after this grant?

After the grant, Nathoo’s reported balance is 1,877.9167 phantom stock units. This figure includes the newly awarded 261.5064 units and reflects his cumulative phantom stock position as shown in the Form 4 filing.

How are Cabot Corp (CBT) phantom stock units settled for director Nathoo?

The phantom stock units will be settled in cash, not shares. Payment occurs either when Nathoo’s service as a director ends or according to his prior distribution election, depending on which event happens first, as described in the filing footnote.

What does 1-for-1 mean for Cabot Corp (CBT) phantom stock units?

1-for-1 means each phantom stock unit tracks the value of one share of Cabot Corp common stock. Although the units mirror share value, they are ultimately settled in cash rather than delivering actual common shares to the director.