McLaughlin Erica 4

What Happened

• Erica McLaughlin, Executive Vice President and Chief Financial Officer of Cabot Corp (CBT), received an award of 65.922 derivative units on 2026-03-13. The units were recorded at $69.49 each for a total grant value of about $4,581. This was an awarded/derivative acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17.
• Award: 65.922 units at $69.49 per unit; total value ≈ $4,581.
• Transaction type: A (award/grant of derivative units); conversion ratio noted as 1-for-1 (Footnote F1).
• Footnote F2: The units represent dividends paid on phantom stock units under the Corporation’s Supplemental 401(k) Plan and are to be settled upon the reporting person's retirement or other termination of employment.
• Shares owned after transaction: Not disclosed on the Form 4.

Context

• These are phantom stock/plan units (derivative award) that will be settled in the future, typically at retirement or termination, so they do not represent an immediate open-market purchase or sale of common stock. Such awards are routine compensation or plan-related transactions and should be interpreted as compensation-related rather than a direct market sentiment signal.