DELGROSSO DOUGLAS G 4

What Happened Douglas G. Delgrosso, a director of Cabot Corporation (CBT), was awarded 33.054 derivative share units on March 13, 2026. The filing lists a per-unit value of $69.49, for a total reported value of $2,297. This transaction is reported as an award/acquisition (code A) and reflects derivative (phantom) units rather than an immediate issuance of common stock.

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (Form 4 submitted four days later).
• Amount: 33.054 units @ $69.49 each; total reported value $2,297.
• Security type: Derivative (phantom stock units / award).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: "1 for 1."
  • F2: These units represent dividends paid on phantom stock units under the Corporation’s Non-Employee Director’s Deferral Plan and will be settled upon the reporting person’s termination of service as a director or per the director’s distribution election.
• Timeliness note: Form 4s are typically due within two business days of the transaction; this filing (Mar 17) was submitted after the Mar 13 transaction and may be outside that usual window.

Context

• These are deferred/phantom share units tied to the director deferral plan, meaning they do not represent immediate transferable common stock but a future cash or stock-equivalent payout per the plan terms. Such awards are routine compensation for non-employee directors and are not direct indicators of a buy or sell view on the company stock.