Cabot Corporation (CBT) director reports 359.7252 phantom stock unit award
Rhea-AI Filing Summary
Cabot Corporation director Juan Enriquez reported a routine change in his deferred equity compensation. On 12/12/2025, he acquired 359.7252 phantom stock units tied on a 1-for-1 basis to Cabot common stock under the company's Non-Employee Director's Deferral Plan. These units represent dividends paid on previously deferred phantom stock and will be settled in Cabot common shares either when he leaves the board or according to his distribution election, whichever occurs first. After this transaction, he beneficially owned 54,989.9827 phantom stock units, all held directly.
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FAQ
What insider transaction did Cabot Corporation (CBT) report for its director?
Cabot Corporation reported that director Juan Enriquez acquired 359.7252 phantom stock units on 12/12/2025 under the Non-Employee Director's Deferral Plan.
What are the phantom stock units reported for Cabot Corporation (CBT)?
The reported phantom stock units are deferred equity credits that track Cabot common stock on a 1-for-1 basis and are part of the Non-Employee Director's Deferral Plan.
Why did Cabot Corporation (CBT) director Juan Enriquez receive additional phantom stock units?
The 359.7252 phantom stock units represent dividends paid on phantom stock units previously acquired under Cabot Corporation's Non-Employee Director's Deferral Plan.
When will the reported phantom stock units for Cabot Corporation (CBT) be settled?
The phantom stock units will be settled in Cabot common stock either upon Juan Enriquez's termination of service as a director or in accordance with his distribution election, whichever occurs first.
How many phantom stock units does the Cabot Corporation (CBT) director hold after this transaction?
After the 12/12/2025 transaction, Juan Enriquez beneficially owned 54,989.9827 phantom stock units, held directly.
Is the reported Cabot Corporation (CBT) transaction in common stock or derivatives?
The reported transaction involves derivative securities, specifically phantom stock units linked to Cabot common stock, rather than direct purchases or sales of common shares.