Minerals Technologies director gets 46.746 units
Director John J. Carmola received additional phantom stock units tied to MTX’s share value, settled in cash after his board service ends.
Rhea-AI Filing Summary
MINERALS TECHNOLOGIES INC (symbol: MTX) is the issuer of record for a Form 4 filing submitted to the SEC. CARMOLA JOHN J reported acquisition or exercise transactions in this Form 4 filing.
MINERALS TECHNOLOGIES INC (MTX) reported that director John J. Carmola received a grant of 46.746 phantom stock units on September 4, 2026, 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 common stock and will be settled in cash when his service as a director ends, bringing his total phantom stock unit balance to 28,001.136 units.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS F1, F2 | 46.746 | $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.
Key Figures
Key Terms
Phantom stock units financial
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
economic equivalent financial
settled in cash financial
FAQ
What transaction did MTX director John J. Carmola report on this Form 4?
How many phantom stock units does MTX director Carmola hold after this transaction?
How and when will MTX settle these phantom stock units for director Carmola?
Was this MTX Form 4 transaction executed under a Rule 10b5-1 trading plan?
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