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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.

(Neutral)
(Neutral)
Form Type
4

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.

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Insider Breunig Joseph C.
Role Director
Type Security Shares Price Value
Grant/Award PHANTOM STOCK UNITS F1, F2 36.059 $0.00 $0.00
Holdings After Transaction: PHANTOM STOCK UNITS — 21,599.528 contracts (Direct)
Footnotes (2)
  1. F1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
  2. 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.
Phantom stock units granted 36.059 units Grant to director Joseph C. Breunig on September 4, 2026
Total phantom stock units after grant 21,599.528 units Balance of phantom stock units held by Joseph C. Breunig after the reported transaction
Settlement form Cash Phantom stock units are to be settled in cash upon termination of director service
PHANTOM STOCK UNITS financial
"Each phantom stock unit is the economic equivalent of one share"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share"
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
"accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation"
settled in cash financial
"are to be settled in cash upon the reporting person's termination"

FAQ

What transaction did MTX director Joseph C. Breunig report on this Form 4?

He reported the grant of 36.059 phantom stock units on September 4, 2026. The units are part of his compensation as a non-employee director under Minerals Technologies Inc.’s deferred compensation and unit award plan.

Are the MTX phantom stock units granted to Joseph C. Breunig actual shares of common stock?

No. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. common stock, but they are settled in cash upon his termination of service as a director, not in actual shares.

Under what plan were the MTX phantom stock units to Joseph C. Breunig accrued?

The units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, which governs these phantom stock unit awards.

When will Joseph C. Breunig’s MTX phantom stock units be paid out?

The phantom stock units are to be settled in cash upon his termination of service as a director of Minerals Technologies Inc., according to the plan’s terms disclosed in the filing.

Did Joseph C. Breunig buy or sell MTX common stock in this Form 4?

No. The Form 4 reports a grant of phantom stock units, not a purchase or sale of MTX common stock. The phantom units are a cash-settled, stock-value-based compensation award.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Breunig Joseph C.

(Last)(First)(Middle)
622 THIRD AVENUE
38TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MINERALS TECHNOLOGIES INC [ MTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
PHANTOM STOCK UNITS(1)09/04/2026A36.059 (2) (2)COMMON STOCK36.059$021,599.528D
Explanation of Responses:
1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
2. 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.
TIMOTHY JORDAN FOR JOSEPH C. BREUNIG09/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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