Minerals Technologies (MTX) director reports new phantom stock unit grant
Rhea-AI Filing Summary
Minerals Technologies Inc. reported an insider equity change involving one of its directors. On 12/04/2025, the director acquired 31.479 phantom stock units tied to Minerals Technologies Inc. common stock. Each phantom stock unit is the economic equivalent of one share of common stock, but is designed to be settled in cash rather than actual shares.
The phantom stock units were credited under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be paid out in cash when the director’s board service ends. Following this transaction, the director held a total of 15,411.637 phantom stock units, reported as directly owned.
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FAQ
What insider transaction did Minerals Technologies Inc (MTX) report?
The company reported that a director acquired 31.479 phantom stock units on 12/04/2025 under a deferred compensation and unit award plan.
What are the phantom stock units disclosed for Minerals Technologies Inc (MTX)?
Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. common stock, but is designed to be settled in cash instead of actual shares.
How many phantom stock units does the director hold after this MTX transaction?
After the reported transaction, the director beneficially owned 15,411.637 phantom stock units, shown as directly owned.
Under which plan were the MTX phantom stock units granted?
The units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
When will the MTX phantom stock units be settled?
The phantom stock units are to be settled in cash upon the reporting person’s termination of service as a director.
Is the reporting person a director or officer of Minerals Technologies Inc (MTX)?
The reporting person is identified as a director of Minerals Technologies Inc. on the form.