Minerals Technologies director gets 45 phantom units
A Minerals Technologies non-employee director received a small cash-settled phantom stock unit award as deferred compensation.
Rhea-AI Filing Summary
MINERALS TECHNOLOGIES INC (symbol: MTX) is the issuer of record for a Form 4 filing submitted to the SEC. ROBINSON MARC E reported acquisition or exercise transactions in this Form 4 filing.
MINERALS TECHNOLOGIES INC (MTX) reported that director Marc E. Robinson received a grant of 45.008 phantom stock units on September 4, 2026. Each unit is the economic equivalent of one share of common stock and was accrued under the Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, to be settled in cash upon his termination of service. Following this grant, Robinson holds 26,959.589 phantom stock units on a direct basis.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS F1, F2 | 45.008 | $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
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
economic equivalent financial
settled in cash financial
FAQ
What insider transaction did MTX disclose for Marc E. Robinson?
How many MTX phantom stock units does Marc E. Robinson hold after this transaction?
What are the phantom stock units reported by MTX for this director?
Was the MTX phantom stock unit grant to Marc E. Robinson made under a 10b5-1 plan?
When will Marc E. Robinson’s MTX phantom stock units be settled?
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