Minerals Technologies director reports 50.903 phantom stock units
Rhea-AI Filing Summary
Minerals Technologies Inc. director reports deferred compensation grant
A Minerals Technologies Inc. (MTX) director reported receiving 50.903 phantom stock units on 12/04/2025 under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies common stock, but will be settled in cash rather than stock when the director’s board service ends.
After this grant, the director beneficially owns 24,921.053 derivative securities in the form of phantom stock units, held directly. The filing is an administrative disclosure of director compensation and does not describe any change to the company’s operations or financial performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 50.903 | $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.
FAQ
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What did Minerals Technologies (MTX) disclose in this Form 4?
What are the phantom stock units reported by the Minerals Technologies director?
When will the Minerals Technologies phantom stock units be settled?
How many derivative securities does the director beneficially own after this transaction?
Does this Form 4 indicate open-market buying or selling of MTX stock?
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