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Minerals Technologies (MTX) director accrues 78.629 deferred units

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

Rhea-AI Filing Summary

Carolyn K. Pittman, a director of Minerals Technologies Inc. (MTX), had 78.629 phantom stock units accrued on 10/01/2025 under the companys Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Each phantom stock unit is the economic equivalent of one share of common stock and the units are to be settled in cash when Ms. Pittmans service as a director ends. The Form 4 reports 18,418.515 shares (or share equivalents) beneficially owned by Ms. Pittman following the transaction. The filing was signed on behalf of the reporting person on 10/03/2025.

Positive

  • None.

Negative

  • None.

Insights

Routine director deferred-compensation accrual; limited market impact.

The filing records a 10/01/2025 accrual of 78.629 phantom stock units for director Carolyn K. Pittman under the non-employee director deferred compensation plan. Each unit equals one share but is contractually payable in cash upon termination of service, so no new shares will be issued from this accrual.

Because the units settle in cash and the amount is small relative to total outstanding shares, this disclosure appears procedural and is unlikely to be material to MTXs capital structure or near-term trading.

Insider PITTMAN CAROLYN K
Role Director
Type Security Shares Price Value
Grant/Award PHANTOM STOCK UNITS 78.629 $0.00 --
Holdings After Transaction: PHANTOM STOCK UNITS — 18,418.515 shares (Direct)
Footnotes (1)
  1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock. 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.
Form 4 Insider Transactions: What Each Field Means →
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).
1. Name and Address of Reporting Person*
PITTMAN CAROLYN K
(Last) (First) (Middle)
622 THIRD AVENUE
(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)
10/01/2025
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) 10/01/2025 A 78.629 (2) (2) COMMON STOCK 78.629 $0 18,418.515 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 CAROLYN PITTMAN 10/03/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Carolyn K. Pittman report on the MTX Form 4?

Ms. Pittman reported an accrual of 78.629 phantom stock units under the companys non-employee director plan on 10/01/2025.

How many shares does Carolyn Pittman beneficially own after the transaction (MTX)?

The Form 4 lists 18,418.515 shares (or share equivalents) beneficially owned following the reported transaction.

Will the phantom stock units issued to Ms. Pittman dilute MTX shareholders?

No. The phantom stock units are economic equivalents to shares and are contractually payable in cash upon termination of service, so they do not represent newly issued MTX common stock.

What is the cash price recorded for the phantom stock units on the Form 4?

The reported price for the phantom stock units is $0, reflecting that the units were accrued (not purchased) under the director compensation plan.

When was the Form 4 signed and filed for this transaction?

The signature on behalf of the reporting person is dated 10/03/2025.