MTX director granted 32.842 phantom stock units
Breunig Joseph C. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Breunig Joseph C. reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Joseph C. Breunig received a grant of 32.842 phantom stock units tied to the company’s common stock. Each unit equals the value of one share but will be paid in cash, not stock, after his board service ends. Following this grant, he holds 21,563.469 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 32.842 | $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
settled in cash financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Minerals Technologies (MTX) report for Joseph C. Breunig?
What are phantom stock units in the Minerals Technologies (MTX) Form 4?
How many phantom stock units does Joseph C. Breunig hold after this MTX transaction?
Under what plan were the new MTX phantom stock units granted to Joseph C. Breunig?
How and when will Joseph C. Breunig’s MTX phantom stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.