Minerals Technologies (NYSE: MTX) director awarded new phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PITTMAN CAROLYN K reported acquisition or exercise transactions in this Form 4 filing.

Minerals Technologies Inc. director Carolyn K. Pittman received a grant of 31.452 phantom stock units on Minerals Technologies Inc. common stock equivalents. These units were credited under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash after she leaves the board.

Following this grant, Pittman holds a total of 20,650.854 phantom stock units directly, each economically equivalent to one share of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PITTMAN CAROLYN K

Role null

Type	Security	Shares	Price	Value
Grant/Award	PHANTOM STOCK UNITS	31.452	$0.00	--

Holdings After Transaction: PHANTOM STOCK UNITS — 20,650.854 shares (Direct, null)

Footnotes (1)

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

Phantom units granted: 31.452 units Total phantom units after grant: 20,650.854 units Grant price per unit: $0.0000 +2 more

5 metrics

Phantom units granted 31.452 units Grant to director on phantom stock units

Total phantom units after grant 20,650.854 units Director’s phantom stock balance after transaction

Grant price per unit $0.0000 Compensation grant, not open-market purchase

Underlying common stock equivalent 31.452 shares Each phantom unit equals one common share economically

Transaction date 2026-06-18 Date phantom stock units were granted

Key Terms

PHANTOM STOCK UNITS, Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, Form 4

3 terms

PHANTOM STOCK UNITS financial

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

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial

"The phantom stock units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/22/2026 - 03:10 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

PITTMAN CAROLYN K

(Last)

(First)

(Middle)

622 THIRD AVE.

38TH FLOOR

(Street)

NEW YORK

10017-6707

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
PHANTOM STOCK UNITS	⁽¹⁾	06/18/2026		A		31.452		⁽²⁾	⁽²⁾	COMMON STOCK	31.452	$0	20,650.854	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 CAROLYN PITTMAN	06/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Minerals Technologies (MTX) director Carolyn Pittman report on this Form 4?

Carolyn K. Pittman reported receiving 31.452 phantom stock units tied to Minerals Technologies common stock equivalents. These units were granted under the company’s non-employee director compensation plan and increase her total phantom unit holdings to 20,650.854 units.

Are the phantom stock units granted to MTX director Carolyn Pittman actual Minerals Technologies shares?

The phantom stock units are not actual shares of Minerals Technologies. Each unit is economically equivalent to one common share but will be settled in cash, not stock, when Pittman’s service as a director ends under the plan’s terms.

How many phantom stock units does MTX director Carolyn Pittman hold after this transaction?

After this grant, Carolyn Pittman holds 20,650.854 phantom stock units. The Form 4 shows that 31.452 new units were added, and each unit tracks the value of one share of Minerals Technologies common stock for compensation purposes.

What is the purpose of the Minerals Technologies Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors?

The plan grants phantom stock units to non-employee directors as part of their compensation. These units mirror Minerals Technologies’ common stock value and are settled in cash when a director’s board service ends, aligning compensation with long-term company performance.

Did MTX director Carolyn Pittman buy or sell Minerals Technologies stock in this Form 4 filing?

This filing does not show an open-market stock buy or sell by Carolyn Pittman. It reports a grant of 31.452 phantom stock units as director compensation, which are cash-settled and accrue under the company’s deferred compensation plan.