Cabot (CBT) Director Douglas G. Delgrosso Receives Award

What Happened
Douglas G. Delgrosso, a director of Cabot Corporation (CBT), was granted 30.628 derivative units on 2026-09-11 at a reported per‑unit value of $79.68, for a total value of approximately $2,440. The filing classifies this as an award/acquisition (code A) of phantom/derivative units rather than an open‑market purchase of common shares.

Key Details

• Transaction date and value: 2026-09-11; 30.628 units × $79.68 = ~$2,440.
• Filing date: Form 4 filed 2026-09-14 for the 2026-09-11 transaction; no late filing is indicated.
• Shares/units after transaction: Not specified in the filing.
• Footnote F1: Indicates a 1-for-1 ratio.
• Footnote F2: The award represents dividends paid on phantom stock units under the Non‑Employee Director's Deferral Plan; these amounts will be settled upon the director's termination of service or per the director’s distribution election.

Context
This was a routine director compensation award of phantom (derivative) units, not an open‑market purchase or sale of common stock. Phantom units typically track the value of shares and are settled later in cash or stock per plan rules, so this transaction should be viewed as compensation rather than a direct insider buy/sell signal.