Kennett F. Burnes has built substantial holdings in Cabot Corporation, reaching about 360,000 shares at one point, valued at nearly $9.9 million. Over the years, his stock holdings reflect the trust he places in Cabot's future. In 2015, he saw...
Kennett F. Burnes has built substantial holdings in Cabot Corporation, reaching about 360,000 shares at one point, valued at nearly $9.9 million. Over the years, his stock holdings reflect the trust he places in Cabot's future. In 2015, he saw a significant increase in his wealth due to vested restricted stock units, valued at $2.5 million, a sharp contrast to 2016 when he transitioned to cash compensation due to a lack of stock grants. His strategic approach towards acquiring stock at a low price during his tenure underlines his confidence in the company's growth potential. Currently, his holdings fluctuate but suggest that he still has a substantial stake in Cabot's success, a sign of alignment with shareholders.