During his time at Cabot, Prevost had considerable stock and option holdings, reflective of his vested interest in the company’s performance. Notably, in 2015, he saw the vesting of over 54,000 performance-based restricted stock units, valued at around $2.57 million,...
During his time at Cabot, Prevost had considerable stock and option holdings, reflective of his vested interest in the company’s performance. Notably, in 2015, he saw the vesting of over 54,000 performance-based restricted stock units, valued at around $2.57 million, indicating a strong tie between his compensation and the company’s success. His options were initially granted in 2009, but he faced challenges with underwater options as of 2015, showing the volatility of executive stock options. By 2016, he managed to navigate a smooth exit while having a significant amount in cash and benefits from stock awards, highlighting both the risks and rewards of insider trading in corporate settings. Prevost's holdings and their fluctuations were closely tied to the company's stock performance and his strategic decisions as CEO, marking him as a significant player in Cabot’s financial landscape.