Minerals Technologies director granted phantom units
ROBINSON MARC E reported acquisition or exercise transactions in this Form 4 filing.
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 1,908.146 phantom stock units on May 20, 2026. Each unit is the economic equivalent of one share of Minerals Technologies common stock and is accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
The phantom stock units will be settled in cash when Robinson’s service as a director ends. Following this grant, his balance in these phantom stock units stands at 26,873.589. This is a compensation-related award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 1,908.146 | $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
settled in cash financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Minerals Technologies (MTX) director Marc E. Robinson report on this Form 4?
How many phantom stock units does Marc E. Robinson hold after this MTX transaction?
When will Marc E. Robinson’s phantom stock units at Minerals Technologies be settled?
What plan governs the phantom stock units granted to the MTX director?
AI-generated analysis. How Rhea-AI works. Not financial advice.