Minerals Technologies (MTX) director reports new phantom stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minerals Technologies Inc. (MTX) reported a routine insider compensation update for a non-employee director. On 12/04/2025, the reporting person acquired 64.72 phantom stock units tied to Minerals Technologies common stock. Each phantom unit is the economic equivalent of one share of common stock but is settled in cash rather than stock.
The phantom stock units were granted under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be paid out in cash when the director’s board service ends. Following this transaction, the director beneficially owns 31,685.804 phantom stock units in a direct ownership capacity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARK ROBERT L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 64.72 | $0.00 | -- |
Holdings After Transaction:
PHANTOM STOCK UNITS — 31,685.804 shares (Direct)
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.
FAQ
What did the Minerals Technologies (MTX) director report on this Form 4?
The director reported acquiring 64.72 phantom stock units linked to Minerals Technologies Inc. common stock on 12/04/2025 as part of director compensation.
How many phantom stock units does the MTX director own after this transaction?
After the reported transaction, the director beneficially owns 31,685.804 phantom stock units in direct ownership.
What is a phantom stock unit in the context of Minerals Technologies (MTX)?
Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. common stock but is designed to be settled in cash rather than actual shares.
Under what plan were the Minerals Technologies (MTX) phantom stock units granted?
The phantom stock units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
When will the MTX director receive cash for these phantom stock units?
The phantom stock units are scheduled to be settled in cash upon the reporting person’s termination of service as a director.
Is this MTX Form 4 filed by one or multiple reporting persons?
This Form 4 is indicated as being filed by one reporting person, who serves as a director of Minerals Technologies Inc.