Minerals Technologies director adds 64.72 phantom stock units
Minerals Technologies Inc. (MTX) reported a routine insider compensation update for a non-employee director.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 64.72 | $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.
FAQ
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What did the Minerals Technologies (MTX) director report on this Form 4?
How many phantom stock units does the MTX director own after this transaction?
What is a phantom stock unit in the context of Minerals Technologies (MTX)?
Under what plan were the Minerals Technologies (MTX) phantom stock units granted?
When will the MTX director receive cash for these phantom stock units?
Is this MTX Form 4 filed by one or multiple reporting persons?
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