CABOT CORP·4

Jun 16, 4:30 PM ET

Keohane Sean D 4

Research Summary

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CABOT (CBT) CEO Sean Keohane Receives 256 Phantom Shares

What Happened
Sean D. Keohane, President, CEO and Director of Cabot Corp (CBT), received a derivative award on June 12, 2026: 256.014 phantom share units granted at a per-unit value of $87.65, with a total reported value of $22,440. The transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-12; filing date: 2026-06-16 (filed within required reporting window).
  • Award: 256.014 units @ $87.65 per unit; total value reported $22,440 (derivative award).
  • Security type: Derivative/phantom stock units (not immediate common-share purchases).
  • Footnotes: F1 = 1-for-1 conversion; F2 = Dividends on these phantom units are to be settled upon the reporting person's retirement or termination under the Corporation’s Supplemental 401(k) Plan.
  • Shares owned after transaction: Not specified in the provided filing details.

Context
This was a compensation-related grant of phantom stock units that typically convert or settle later (often at retirement or termination) rather than an immediate market purchase or sale. Such awards are common executive compensation items and do not by themselves indicate a buy/sell signal to the market.