Minerals Technologies director granted phantom stock units
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Rocky Motwani received a grant of phantom stock units as compensation. On May 20, 2026, he was awarded 1,908.146 phantom stock units, each economically equivalent to one share of Minerals Technologies common stock. These units were accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash when his service as a director ends. Following this grant, Motwani holds a total of 8,092.917 phantom stock units. The filing does not reflect any open-market stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 1,908.146 | $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
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What are phantom stock units in the Minerals Technologies (MTX) director plan?
When will Rocky Motwani’s Minerals Technologies (MTX) phantom stock units be settled?
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