Minerals Technologies director awarded phantom units
Deans Alison Ann reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Deans Alison Ann reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Alison Ann Deans received 27.451 phantom stock units tied to the company’s common stock. Each unit is economically equivalent to one share and was granted under the non-employee director deferred compensation and unit award plan. Following this award, she holds 15,439.088 phantom stock units, which will be settled in cash when her board service ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 27.451 | $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 Minerals Technologies (MTX) report for Alison Ann Deans?
What are phantom stock units in the context of Minerals Technologies (MTX)?
How many phantom stock units does Alison Ann Deans hold after this MTX grant?
Is the MTX phantom stock unit award to Alison Ann Deans an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.