Minerals Technologies (NYSE: MTX) grants phantom units to director

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.

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

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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^*

Deans Alison Ann

(Last) (First) (Middle)

622 THIRD AVE.

38TH FLOOR

(Street)

NEW YORK NY 10017-6707

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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

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
PHANTOM STOCK UNITS	(1)	03/06/2026		A		27.451		(2)	(2)	COMMON STOCK	27.451	$0	15,439.088	D

Explanation of Responses:

1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.

2. 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.

	TIMOTHY JORDAN FOR ALISON DEANS	03/10/2026
	** 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 transaction did Minerals Technologies (MTX) report for Alison Ann Deans?

Minerals Technologies reported that director Alison Ann Deans received 27.451 phantom stock units. These units are compensation-linked instruments tied to common stock value and increase her total phantom unit holdings to 15,439.088 units.

What are phantom stock units in the context of Minerals Technologies (MTX)?

Phantom stock units are compensation units whose value tracks Minerals Technologies common stock. Each unit equals one share economically but is paid in cash rather than stock, typically at the end of the director’s service.

How many phantom stock units does Alison Ann Deans hold after this MTX grant?

After the latest grant of 27.451 phantom stock units, Alison Ann Deans holds 15,439.088 phantom stock units. These accumulate under the company’s non-employee director deferred compensation and unit award plan.

Will Alison Ann Deans receive Minerals Technologies (MTX) shares for these phantom units?

No, the phantom stock units are scheduled to be settled in cash, not shares. Payment occurs upon Alison Ann Deans’ termination of service as a director, based on the value of Minerals Technologies common stock.

Is the MTX phantom stock unit award to Alison Ann Deans an open-market stock purchase?

No, this award is not an open-market purchase. It is a compensation-related grant of 27.451 phantom stock units under a deferred compensation and unit award plan for non-employee directors at Minerals Technologies.