MTX director granted phantom stock units
ROBINSON MARC E reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ROBINSON MARC E reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Marc E. Robinson received a grant of 40.992 phantom stock units, each economically equivalent to one share of common stock. These units were awarded under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash when his board service ends. Following this award, Robinson holds a total of 26,914.581 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 40.992 | $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 insider transaction did MTX director Marc E. Robinson report?
What are phantom stock units in the Minerals Technologies (MTX) filing?
How many phantom stock units does Marc E. Robinson hold after this MTX grant?
Does the MTX Form 4 show an open-market buy or sell of stock?
When will the MTX phantom stock units reported by Marc E. Robinson be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.