Minerals Technologies (MTX) director Kristina Johnson receives phantom stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHNSON KRISTINA M reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Kristina M. Johnson received a grant of 9.135 phantom stock units on June 18, 2026. Each unit is the economic equivalent of one share of common stock but will be settled in cash under the company’s deferred compensation and unit award plan for non-employee directors. Following this award, Johnson holds a total of 5,998.093 phantom stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSON KRISTINA M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 9.135 | $0.00 | -- |
Holdings After Transaction:
PHANTOM STOCK UNITS — 5,998.093 shares (Direct, null)
Footnotes (1)
- Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock. 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
Phantom units granted: 9.135 units
Total phantom units after transaction: 5,998.093 units
Economic equivalence: 1 unit = 1 share
+1 more
4 metrics
Phantom units granted
9.135 units
Grant on June 18, 2026
Total phantom units after transaction
5,998.093 units
Holdings after June 18, 2026 grant
Economic equivalence
1 unit = 1 share
Each phantom stock unit equals one MTX common share economically
Transaction price per unit
$0.0000
Grant/award acquisition, non-cash compensation
Key Terms
PHANTOM STOCK UNITS, Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, economic equivalent, settled in cash
4 terms
PHANTOM STOCK UNITS financial
"security_title: "PHANTOM STOCK UNITS""
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
"accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors"
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock."
settled in cash financial
"are to be settled in cash upon the reporting person's termination of service as a director."
FAQ
What insider transaction did Minerals Technologies (MTX) report for Kristina M. Johnson?
Minerals Technologies reported that director Kristina M. Johnson received 9.135 phantom stock units on June 18, 2026. These units are part of her deferred compensation and increase her total phantom stock unit holdings to 5,998.093 units.
What are phantom stock units in the Minerals Technologies (MTX) Form 4 filing?
The phantom stock units are described as the economic equivalent of one share of Minerals Technologies common stock. They do not deliver actual shares but track share value and are settled in cash under the company’s non-funded deferred compensation and unit award plan.
How many phantom stock units does Kristina M. Johnson hold after this MTX grant?
After the June 18, 2026 grant of 9.135 phantom stock units, Kristina M. Johnson holds 5,998.093 phantom stock units. This total reflects all such units accrued for her service as a non-employee director under the company’s deferred compensation plan.
How and when will the Minerals Technologies (MTX) phantom stock units be settled?
The phantom stock units will be settled in cash upon Kristina M. Johnson’s termination of service as a director. They are accrued under Minerals Technologies’ Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, rather than being settled in shares.
Does the MTX Form 4 show a stock purchase or sale by Kristina M. Johnson?
No open-market stock purchase or sale is reported. The Form 4 shows a grant coded as an acquisition of 9.135 phantom stock units, representing deferred, cash-settled compensation rather than a traditional buy or sell of common shares.