Minerals Technologies director gets phantom stock grant
PITTMAN CAROLYN K reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 31.452 | $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
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Minerals Technologies (MTX) director Carolyn Pittman report on this Form 4?
Are the phantom stock units granted to MTX director Carolyn Pittman actual Minerals Technologies shares?
How many phantom stock units does MTX director Carolyn Pittman hold after this transaction?
What is the purpose of the Minerals Technologies Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors?
Did MTX director Carolyn Pittman buy or sell Minerals Technologies stock in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.