STOCK TITAN

Minerals Technologies (NYSE: MTX) VP gains shares, some withheld for tax

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

Rhea-AI Filing Summary

Minerals Technologies Inc. vice president Michael Cipolla reported multiple equity award transactions in January 2026. On January 23, 2026, Deferred Restricted Stock Units (DRSUs) converted into 1,427 shares of common stock at $0, and the company withheld 774 shares at $68.77 to satisfy tax withholding obligations, leaving him with 38,897 directly held shares.

On January 26, 2026, additional DRSUs converted into 1,292 common shares at $0, and 660 shares at $68.89 were withheld for taxes, bringing his direct common stock holdings to 39,529 shares. Following these transactions, he also holds 8,623 DRSUs, and 9,802.966 shares indirectly through a 401(k) plan, with each DRSU economically equivalent to one share of common stock.

Positive

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Negative

  • None.
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CIPOLLA MICHAEL

(Last) (First) (Middle)
622 THIRD AVENUE

(Street)
NEW YORK NY 10017

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VICE PRESIDENT
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
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
Common Stock 01/23/2026 M 1,427 A $0 39,671 D
Common Stock 01/23/2026 F 774(1) D $68.77 38,897 D
Common Stock 01/26/2026 M 1,292 A $0 40,189 D
Common Stock 01/26/2026 F 660(1) D $68.89 39,529 D
Common Stock 9,802.966 I By 401(k)(2)
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
Deferred Restricted Stock Units (DRSUs) (3) 01/23/2026 M 1,427 (4) (4) Common Stock 1,427 $0 9,915 D
Deferred Restricted Stock Units (DRSUs) (3) 01/26/2026 M 1,292 (5) (5) Common Stock 1,292 $0 8,623 D
Explanation of Responses:
1. These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations.
2. The information contained in this report is based on a Plan Statement as of January 21, 2026.
3. Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
4. The DRSUs were granted on January 23, 2024 and vest in three equal annual installments beginning on January 23, 2025.
5. The DRSUs were granted on January 24, 2023 and vest in three equal annual installments beginning on January 24, 2024.
/s/ Timothy J. Jordan for Michael Cipolla 01/27/2026
** 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.

FAQ

What insider activity did MTX vice president Michael Cipolla report?

Michael Cipolla, a vice president of Minerals Technologies Inc. (MTX), reported conversions of Deferred Restricted Stock Units (DRSUs) into common stock on January 23 and 26, 2026, along with shares withheld to cover tax obligations.

How many Minerals Technologies (MTX) shares did Michael Cipolla acquire through DRSU conversions?

On January 23, 2026, 1,427 common shares were issued upon DRSU conversion, and on January 26, 2026, an additional 1,292 common shares were issued, both at an exercise price of $0 per share.

How many MTX shares were withheld for taxes in this Form 4 filing?

The company withheld 774 common shares at $68.77 on January 23, 2026 and 660 common shares at $68.89 on January 26, 2026 to satisfy tax withholding obligations.

What are Deferred Restricted Stock Units (DRSUs) in the MTX Form 4?

The filing states that each Deferred Restricted Stock Unit (DRSU) is the economic equivalent of one share of Minerals Technologies Inc. common stock, and that the reported DRSUs vest in three equal annual installments starting in 2024 and 2025, depending on the grant date.

How many MTX shares does Michael Cipolla own after these transactions?

After the reported transactions, Michael Cipolla directly owns 39,529 shares of common stock, holds 8,623 DRSUs, and indirectly owns 9,802.966 shares through a 401(k) plan.

What is Michael Cipollas role at Minerals Technologies Inc. (MTX)?

Michael Cipolla is reported as an officer of Minerals Technologies Inc., serving as a vice president according to this insider transaction report.

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2.12B
30.77M
1.14%
102.09%
1.58%
Specialty Chemicals
Industrial Inorganic Chemicals
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