MTX director granted 1,908 phantom stock units
CARMOLA JOHN J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
CARMOLA JOHN J reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director John J. Carmola received a grant of 1,908.146 phantom stock units tied to the company’s common stock. These units were awarded under the Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash when his board service ends. Following this award, he holds 27,911.814 phantom stock units in total.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 1,908.146 | $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
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MTX director John J. Carmola report?
Is the John J. Carmola Form 4 transaction in MTX stock a purchase or a grant?
How many phantom stock units does John J. Carmola hold after this MTX grant?
What are phantom stock units in the Minerals Technologies (MTX) Form 4 filing?
How will John J. Carmola’s MTX phantom stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.