Dumont Lisa M 4
Research Summary
AI-generated summary
Cabot (CBT) VP/Controller Lisa Dumont Receives Award
What Happened
- Lisa M. Dumont, Vice President, Controller & Chief Accounting Officer of Cabot Corporation (CBT), was credited with 3.982 shares/units on 2026-06-12 at an indicated value of $87.65 per unit, totaling $349. The transaction is reported as an award/acquisition (derivative), not an open-market purchase or sale.
Key Details
- Transaction date and value: 2026-06-12 — 3.982 units at $87.65 each; total reported value $349.
- Filing date: Form 4 was filed 2026-06-16 reporting the 2026-06-12 transaction (investors note Form 4s are generally due within two business days).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = 1-for-1 conversion; F2 = these units represent dividends on phantom stock units under the Corporation's Supplemental 401(k) Plan and will be settled upon the reporting person’s retirement or other termination of employment.
- Transaction type: Marked as "A" (award/acquisition) and recorded as a derivative (phantom stock/dividend units), not immediate issuance of common shares.
Context
- These units are phantom/derivative units tied to Cabot stock and are to be settled upon retirement or termination — they do not necessarily reflect an immediate cash purchase of shares or a sale signal. The amount is modest ($349) and likely reflects dividend credits to a deferred/phantom stock account rather than a discretionary insider buy.