Minerals Technologies grants 36 phantom stock units
Minerals Technologies director Joseph C. Breunig received additional cash-settled phantom stock units under the non-employee director deferred compensation plan.
Rhea-AI Filing Summary
MINERALS TECHNOLOGIES INC (symbol: MTX) is the issuer of record for a Form 4 filing submitted to the SEC. Breunig Joseph C. reported acquisition or exercise transactions in this Form 4 filing.
MINERALS TECHNOLOGIES INC (MTX) reported that director Joseph C. Breunig received a grant of 36.059 phantom stock units on September 4, 2026. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. common stock and is accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
Following this award, Breunig has a reported total of 21,599.528 phantom stock units, which are to be settled in cash upon his termination of service as a director, rather than in actual shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS F1, F2 | 36.059 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- F2. The phantom stock units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and are to be settled in cash upon the reporting person's termination of service as a director.
Key Figures
Key Terms
PHANTOM STOCK UNITS financial
economic equivalent financial
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
settled in cash financial
FAQ
What transaction did MTX director Joseph C. Breunig report on this Form 4?
Under what plan were the MTX phantom stock units to Joseph C. Breunig accrued?
When will Joseph C. Breunig’s MTX phantom stock units be paid out?
Did Joseph C. Breunig buy or sell MTX common stock in this Form 4?
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