STOCK TITAN

Director Rocky Motwani receives phantom stock units at MINERALS TECHNOLOGIES (MTX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Motwani Rocky

(Last) (First) (Middle)
622 THIRD AVE.
38TH FLOOR

(Street)
NEW YORK NY 10017-6707

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MINERALS TECHNOLOGIES INC [ MTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
PHANTOM STOCK UNITS (1) 03/06/2026 A 10.997 (2) (2) COMMON STOCK 10.997 $0 6,184.771 D
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 ROCKY MOTWANI 03/10/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did MINERALS TECHNOLOGIES (MTX) disclose for Rocky Motwani?

MINERALS TECHNOLOGIES disclosed that director Rocky Motwani received 10.997 phantom stock units. These units are a form of deferred director compensation tied to the value of common stock and increase his total phantom stock holdings to 6,184.771 units under the company’s director plan.

What are the phantom stock units granted to MINERALS TECHNOLOGIES director Rocky Motwani?

Each phantom stock unit granted to Rocky Motwani is economically equivalent to one share of MINERALS TECHNOLOGIES common stock. They track the share value but do not represent actual shares and will be settled in cash instead of stock, according to the company’s non-employee director compensation plan.

How many phantom stock units does Rocky Motwani hold after the latest MINERALS TECHNOLOGIES Form 4?

After the reported grant, Rocky Motwani holds a total of 6,184.771 phantom stock units. This figure reflects his accumulated awards under the non-funded deferred compensation and unit award plan for non-employee directors and moves in value with MINERALS TECHNOLOGIES common stock performance.

When will Rocky Motwani’s MINERALS TECHNOLOGIES phantom stock units be paid out?

Rocky Motwani’s phantom stock units will be settled in cash upon his termination of service as a director. Until then, the units remain as deferred compensation tied to the value of MINERALS TECHNOLOGIES common stock under the non-funded plan for non-employee directors.

Is Rocky Motwani’s MINERALS TECHNOLOGIES phantom stock grant an open-market share purchase?

No, the phantom stock grant to Rocky Motwani is not an open-market purchase. It is a compensation-related award under the non-funded deferred compensation and unit award plan for non-employee directors, settled in cash and economically linked to MINERALS TECHNOLOGIES common stock performance.
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