Cabot Corp (CBT) VP Lisa Dumont receives phantom stock unit award in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabot Corp officer Lisa M. Dumont received a small grant of phantom stock units as part of her compensation. She acquired 3.9820 Phantom Stock Units linked 1-for-1 to Cabot common stock at a reference price of $87.65 per share. These units were credited as dividend equivalents under the company’s Supplemental 401(k) Plan and will be settled in the future when she retires or otherwise leaves the company. Following this award, she holds a total of 742.6524 phantom stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dumont Lisa M
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 3.982 | $87.65 | $349.02 |
Holdings After Transaction:
Phantom Stock Units — 742.652 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: 3.9820 units
Reference price per unit: $87.65 per share
Total phantom units after grant: 742.6524 units
+1 more
4 metrics
Phantom units granted
3.9820 units
Grant/award acquisition on 2026-06-12
Reference price per unit
$87.65 per share
Phantom units linked to common stock
Total phantom units after grant
742.6524 units
Holdings following transaction
Conversion ratio
1 for 1
Phantom units to Cabot common stock
Key Terms
Phantom Stock Units, Supplemental 401(k) Plan, grant/award acquisition, transaction code A
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"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
transaction code A regulatory
"transaction_code: "A" with description Grant, award, or other acquisition"
FAQ
What did Cabot Corp (CBT) disclose about Lisa M. Dumont’s latest Form 4 transaction?
Cabot Corp reported that officer Lisa M. Dumont received 3.9820 Phantom Stock Units as a grant or award. These units were credited as dividend equivalents under the Supplemental 401(k) Plan and will be settled after retirement or termination of employment.
How many phantom stock units does Cabot Corp (CBT) officer Lisa M. Dumont hold after this filing?
After this transaction, Lisa M. Dumont holds 742.6524 Phantom Stock Units. The filing states these units track Cabot common stock on a 1-for-1 basis and are payable upon her retirement or other termination of employment under the Supplemental 401(k) Plan.
Was the Cabot Corp (CBT) Form 4 transaction an open-market buy or sell of common stock?
No, the Form 4 shows a grant of Phantom Stock Units, not an open-market stock trade. The transaction code is “A” for grant or award acquisition, reflecting compensation-related phantom units credited under the Supplemental 401(k) Plan.
What are Phantom Stock Units in the context of Cabot Corp (CBT) Form 4?
Phantom Stock Units are compensation instruments that mirror Cabot common stock value on a 1-for-1 basis. In this filing, they represent dividend equivalents under the Supplemental 401(k) Plan, to be settled when the reporting person retires or otherwise leaves the company.
When will Lisa M. Dumont’s Cabot Corp (CBT) Phantom Stock Units be settled?
The Phantom Stock Units will be settled upon Lisa M. Dumont’s retirement or other termination of employment. The filing explains that these units represent dividends paid on phantom stock acquired under the Supplemental 401(k) Plan and are deferred until that future event.