MTX director granted 42.576 phantom stock units
CARMOLA JOHN J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CARMOLA JOHN J reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director John J. Carmola received a grant of 42.576 phantom stock units on Minerals Technologies Inc. Common Stock. Each unit is economically equivalent to one share of common stock and was accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. After this award, Carmola holds a total of 27,954.390 phantom stock units, which will be settled in cash when his service as a director ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 42.576 | $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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Minerals Technologies (MTX) director John J. Carmola report on this Form 4?
How many phantom stock units does John J. Carmola hold after this MTX transaction?
Are John J. Carmola’s phantom stock units in MTX settled in stock or cash?
What is a phantom stock unit in the context of Minerals Technologies (MTX)?
Was this MTX Form 4 a buy or sell of common stock by John J. Carmola?
AI-generated analysis. How Rhea-AI works. Not financial advice.