Minerals Technologies (NYSE: MTX) grants RSUs and options to Group President
Rhea-AI Filing Summary
Minerals Technologies Inc. reported that Group President Brett Argirakis received new equity awards. On January 20, 2026, he was granted 12,101 Deferred Restricted Stock Units (DRSUs), each economically equivalent to one share of common stock. These DRSUs vest in three equal annual installments beginning on January 20, 2027.
On the same date, Argirakis also received 10,393 employee stock options with an exercise price of $66.23 per share, which likewise vest in three equal annual installments starting on January 20, 2027. Following the DRSU grant, he beneficially owns 30,603 DRSUs, and he holds 10,393 options directly.
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FAQ
What insider transaction did MTX report for Brett Argirakis?
Minerals Technologies Inc. reported that Group President Brett Argirakis received grants of 12,101 Deferred Restricted Stock Units (DRSUs) and 10,393 employee stock options on January 20, 2026.
How many Minerals Technologies (MTX) DRSUs were granted to Brett Argirakis and how do they work?
Brett Argirakis was granted 12,101 DRSUs. Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. common stock, meaning their value tracks the company’s share price.
What stock options were granted to the MTX Group President on January 20, 2026?
On January 20, 2026, the Group President received 10,393 employee stock options with an exercise price of $66.23 per share, giving him the right to buy common stock at that price.
When do the new MTX DRSUs and stock options for Brett Argirakis vest?
Both the 12,101 DRSUs and the 10,393 stock options granted on January 20, 2026 vest in three equal annual installments, beginning on January 20, 2027.
How many Minerals Technologies (MTX) DRSUs does Brett Argirakis hold after this Form 4?
After the reported grant, Brett Argirakis beneficially owns 30,603 DRSUs directly, according to the filing’s derivative securities table.
Are the MTX equity awards to Brett Argirakis held directly or indirectly?
The filing indicates the 12,101 DRSUs and 10,393 stock options are held with direct ownership by Brett Argirakis.