Minerals Technologies (NYSE: MTX) grants DRSUs and options to Group President
Rhea-AI Filing Summary
Minerals Technologies Group President DJ Monagle III reported new equity awards. On January 20, 2026, he received 12,504 Deferred Restricted Stock Units (DRSUs), each economically equivalent to one share of Minerals Technologies common stock. These DRSUs vest in three equal annual installments beginning on January 20, 2027, and are held as 34,088 derivative securities directly owned after the transaction.
On the same date, he was also granted employee stock options for 10,739 shares of common stock with an exercise price of $66.23 per share. These options vest in three equal annual installments starting on January 20, 2027 and expire on January 20, 2036. Following this grant, he directly holds 10,739 such options.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units (DRSUs) | 12,504 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 10,739 | $0.00 | -- |
Footnotes (1)
- Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. Common Stock. The DRSUs were granted on January 20, 2026 and vest in three equal annual installments beginning on January 20, 2027. These options were granted on January 20, 2026 and vest in three equal annual installments beginning on January 20, 2027.
FAQ
What insider transaction did MTX Group President DJ Monagle III report?
DJ Monagle III reported grants of 12,504 Deferred Restricted Stock Units (DRSUs) and employee stock options for 10,739 shares of Minerals Technologies common stock, both dated January 20, 2026.
How do the MTX Deferred Restricted Stock Units (DRSUs) work?
Each DRSU is the economic equivalent of one share of Minerals Technologies common stock. The 12,504 DRSUs granted to DJ Monagle III vest in three equal annual installments beginning on January 20, 2027.
What are the terms of the MTX stock options granted to DJ Monagle III?
The employee stock options cover 10,739 shares of common stock with an exercise price of $66.23 per share, vest in three equal annual installments starting on January 20, 2027, and expire on January 20, 2036.
Is DJ Monagle III’s ownership in these MTX awards direct or indirect?
Both the 12,504 DRSUs and the 10,739 stock options are reported as directly owned by DJ Monagle III.
How many MTX DRSUs does DJ Monagle III hold after this transaction?
After the grant on January 20, 2026, DJ Monagle III beneficially owns 34,088 DRSUs tied to Minerals Technologies common stock.
When do the newly granted MTX equity awards start vesting?
Both the 12,504 DRSUs and the 10,739 stock options begin vesting on January 20, 2027 in three equal annual installments.