Minerals Technologies (NYSE: MTX) CFO nets shares from DRSUs
Rhea-AI Filing Summary
Minerals Technologies Inc. CFO Erik Aldag reported stock transactions involving deferred restricted stock units (DRSUs) and common shares. On January 23, 2026, 2,243 DRSUs were converted to common stock, and 1,240 shares were sold at $68.77 to cover tax withholding obligations, leaving 6,137 common shares held directly. On January 26, 2026, 1,841 additional DRSUs were converted, and 1,019 shares were sold at $68.89 for taxes, bringing direct common stock holdings to 6,959 shares. Aldag also holds 897.255 common shares indirectly through a 401(k) plan and retains 17,128 and 15,287 DRSUs from earlier grants that each convert economically into one share of common stock and vest in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Restricted Stock Units (DRSUs) | 1,841 | $0.00 | -- |
| Exercise | Common Stock | 1,841 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,019 | $68.89 | $70K |
| Exercise | Deferred Restricted Stock Units (DRSUs) | 2,243 | $0.00 | -- |
| Exercise | Common Stock | 2,243 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,240 | $68.77 | $85K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations. The information contained in this report is based on a Plan Statement dated as of January 21, 2026. Each DRSU is the economic equivalent of one share of Mineral Technologies Inc. Common Stock. The DRSUs were granted on January 23, 2024 and vest in three equal annual installments beginning on January 23, 2025. The DRSUs were granted on January 24, 2023 and vest in three equal annual installments beginning on January 24, 2024.
FAQ
What insider transactions did Minerals Technologies (MTX) report for CFO Erik Aldag?
The filing shows CFO Erik Aldag converted DRSUs into common stock on January 23 and 26, 2026, then sold shares to cover tax withholding at prices around $68.8 per share.
What happened to the Deferred Restricted Stock Units (DRSUs) in the Minerals Technologies (MTX) Form 4?
2,243 DRSUs were converted on January 23, 2026 and 1,841 DRSUs on January 26, 2026. Each DRSU is the economic equivalent of one share of common stock, and remaining balances are 17,128 and 15,287 DRSUs on the two grants.
When do the Minerals Technologies (MTX) DRSUs held by the CFO vest?
One DRSU grant was made on January 23, 2024 and vests in three equal annual installments beginning January 23, 2025. Another grant was made on January 24, 2023 and vests in three equal annual installments beginning January 24, 2024.