Minerals Technologies director awarded phantom stock
FEDER FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
FEDER FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Franklin Feder received a grant of 40.867 phantom stock units on March 6, 2026. Each unit is the economic equivalent of one share of common stock and was granted under the company’s deferred compensation plan, increasing his phantom unit balance to 22,984.003 units, to be settled in cash when his board service ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 40.867 | $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 MTX disclose for director Franklin Feder?
What are phantom stock units at Minerals Technologies (MTX)?
How many phantom stock units did Franklin Feder receive in this MTX Form 4?
Is Franklin Feder’s MTX phantom stock unit award an open-market stock purchase?
When will Franklin Feder’s new MTX phantom stock units be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.