Minerals Technologies (NYSE: MTX) grants DRSUs, options to VP
Rhea-AI Filing Summary
Minerals Technologies Inc. VP of Human Resources Erin Cutler received new equity awards. On January 20, 2026, she was granted 4,457 Deferred Restricted Stock Units (DRSUs), each economically equivalent to one share of common stock, and 3,828 employee stock options with a $66.23 exercise price.
The DRSUs and options vest in three equal annual installments beginning on January 20, 2027, tying compensation to longer-term company performance. Following the grant, Cutler beneficially owns 11,782 DRSUs and 3,828 stock options directly.
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FAQ
What insider transaction did MTX report for Erin Cutler?
The report shows that Erin Cutler, VP of Human Resources at Minerals Technologies Inc., received grants of 4,457 Deferred Restricted Stock Units (DRSUs) and 3,828 employee stock options on January 20, 2026.
How many DRSUs were granted to the MTX VP of Human Resources?
Erin Cutler was granted 4,457 Deferred Restricted Stock Units (DRSUs), each of which is the economic equivalent of one share of Minerals Technologies Inc. common stock.
How many stock options were granted in this MTX Form 4 filing?
The filing reports a grant of 3,828 employee stock options (right to buy) to Erin Cutler on January 20, 2026.
What is the exercise price and expiration date of the MTX stock options?
The employee stock options granted to Erin Cutler have an exercise price of $66.23 per share and an expiration date of January 20, 2036.
What is the vesting schedule for the MTX DRSUs and options granted to Erin Cutler?
Both the 4,457 DRSUs and the 3,828 stock options were granted on January 20, 2026 and vest in three equal annual installments beginning on January 20, 2027.
How many MTX derivative securities does Erin Cutler own after these grants?
After the reported transactions, Erin Cutler beneficially owns 11,782 DRSUs and 3,828 employee stock options, all held directly.
Are these MTX insider transactions grants or market purchases?
The transactions are reported with code "A" for acquisition and described as grants of DRSUs and employee stock options, not open-market purchases.