Kalita Karen A 4
Research Summary
AI-generated summary
Cabot Corp (CBT) SVP & General Counsel Karen Kalita Receives Stock Award
What Happened
- Karen A. Kalita, Senior Vice President and General Counsel of Cabot Corp (CBT), received a grant/award of 33.98 derivative shares on 2026-03-13. The reported per-share valuation is $69.49, for a total value of $2,361. This was reported on a Form 4 filed 2026-03-17.
- This was an award/derivative acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed within the normal two-business-day window).
- Award: 33.98 shares at $69.49 each; total reported value $2,361.
- Shares owned after transaction: Not specified in the filing.
- Notes from filing:
- F1: 1-for-1 (units convert on a one-for-one basis).
- F2: Represents dividends paid on phantom stock units acquired under the Corporation's Supplemental 401(k) Plan; these are to be settled upon the reporting person's retirement or other termination of employment.
- Transaction type: Derivative award (phantom stock units) tied to a supplemental retirement/benefit plan.
Context
- These units appear to be compensation-related phantom stock units that will be settled later (e.g., at retirement or termination), so they do not represent an immediate open-market investment by the insider. Such awards are common executive compensation and are informational rather than a direct bullish/bearish market signal.