MTX director granted 12.345 phantom stock units
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Motwani Rocky reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Rocky Motwani received a grant of 12.345 phantom stock units. Each unit is economically equivalent to one share of common stock and was awarded under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Following this award, Motwani holds 8,105.262 phantom stock units, which will be settled in cash when his board service ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 12.345 | $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
economic equivalent 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 Rocky Motwani?
What are phantom stock units in the Minerals Technologies (MTX) Form 4?
How many phantom stock units were granted to the MTX director in this filing?
What is Rocky Motwani’s total phantom stock unit balance after this MTX grant?
When will the Minerals Technologies (MTX) phantom stock units be settled for the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.