Minerals Technologies director granted phantom stock 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 44.3900 phantom stock units on 2026-03-06. Each unit is the economic equivalent of one share of Minerals Technologies common stock and is part of a 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, rather than in actual shares. After this award, his balance under the plan is 24,965.4430 phantom stock units, reflecting deferred, cash-settled director compensation rather than an open-market stock purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 44.39 | $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) director Marc E. Robinson report on this Form 4?
What are phantom stock units in the context of Minerals Technologies (MTX)?
How many phantom stock units does Marc E. Robinson hold after this MTX transaction?
Is the 44.3900 phantom stock unit award for MTX a market purchase or sale?
When will the Minerals Technologies (MTX) phantom stock units be paid to Marc E. Robinson?
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