Minerals Technologies director adds 46.293 phantom stock units
Minerals Technologies Inc. director reports additional deferred compensation units.
Rhea-AI Filing Summary
Minerals Technologies Inc. director reports additional deferred compensation units. A director of Minerals Technologies Inc. (MTX) filed a Form 4 reporting the acquisition of 46.293 phantom stock units on 12/04/2025 under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies common stock but is not an actual share.
The phantom stock units will be settled in cash when the director’s service on the board ends. Following this transaction, the director beneficially owns 22,664.109 derivative securities in the form of phantom stock units, held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 46.293 | $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
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What insider transaction did Minerals Technologies Inc. (MTX) report in this Form 4?
What are the phantom stock units reported by the MTX director?
When will the Minerals Technologies (MTX) phantom stock units be settled?
How many phantom stock units does the MTX director hold after this transaction?
What is the reported price of the phantom stock units for the MTX director award?
What plan governs the phantom stock units for Minerals Technologies Inc. (MTX) directors?
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