Cabot (CBT) SVP & General Counsel Karen A. Kalita Receives Award

What Happened

• Karen A. Kalita, SVP and General Counsel of Cabot Corporation (CBT), was granted 31.487 derivative shares as an award on Sept 11, 2026. The filing values the award at $79.68 per share for a total of $2,509. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-09-11; 31.487 units at $79.68 each (total ~$2,509).
• Transaction type: Award / derivative acquisition (Form 4 code A).
• Shares owned after transaction: Not reported in the provided filing.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 states these represent dividends paid 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.
• Timeliness: Reported via Form 4 filed 2026-09-14 (timely within SEC reporting window).

Context

• This was a derivative award (phantom stock/phantom units) tied to the company’s Supplemental 401(k) Plan rather than an immediate issuance of common shares. According to the filing, the units represent dividend-equivalent amounts and will be settled (converted/paid) when the reporting person retires or leaves the company. Such awards are typically part of executive compensation and do not necessarily indicate near-term buying or selling of company stock.