MINERALS TECHNOLOGIES director granted phantom units
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
MINERALS TECHNOLOGIES INC director Rocky Motwani received a grant of 10.997 phantom stock units that are economically equivalent to the company’s common stock. This award, made under the non-funded deferred compensation and unit award plan for non-employee directors, brings his total phantom stock units to 6,184.771, to be settled in cash upon termination of board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 10.997 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MINERALS TECHNOLOGIES (MTX) disclose for Rocky Motwani?
What are the phantom stock units granted to MINERALS TECHNOLOGIES director Rocky Motwani?
How many phantom stock units does Rocky Motwani hold after the latest MINERALS TECHNOLOGIES Form 4?
When will Rocky Motwani’s MINERALS TECHNOLOGIES phantom stock units be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.