Cabot (CBT) VP/CAO Lisa Dumont Receives Award of 4.404 Shares

What Happened

Lisa M. Dumont, Vice President, Controller & Chief Accounting Officer of Cabot Corporation (CBT), was granted 4.404 derivative shares (phantom stock units) on 2026-09-11. The units are recorded at a per-share value of $79.68, totaling approximately $351. This was an award/acquisition (code A) under a company plan rather than an open-market purchase.

Key Details

• Transaction date and value: 2026-09-11; 4.404 units × $79.68 = ~$351 (derivative award).
• Transaction type: Award/Grant (derivative phantom stock units), code A.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: 1-for-1 conversion (indicates the unit-to-share ratio).
  • F2: These represent dividends paid on phantom stock units acquired under the Corporation’s Supplemental 401(k) Plan and will be settled upon the reporting person's retirement or other termination of employment.
• Filing timeliness: Form 4 filed 2026-09-14 for a 2026-09-11 transaction — appears timely (within required business-day window).

Context

This was a small, plan-driven derivative award (phantom stock/dividend units) tied to Cabot’s Supplemental 401(k) Plan and is settled upon retirement/termination. Such awards reflect company compensation practices and are not equivalent to an open-market purchase or sale that signals immediate trading intent.