Minerals Technologies director awarded phantom units
PITTMAN CAROLYN K reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PITTMAN CAROLYN K reported acquisition or exercise transactions in this Form 4 filing.
Minerals Technologies Inc. director Carolyn K. Pittman received a grant of 33.087 phantom stock units on March 6, 2026. These units are derivatives whose value matches one share of common stock each and increase her deferred phantom balance to 18,608.883 units.
The units were accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash when her board service ends, making this a routine, compensation-related, non-cash award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS | 33.087 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Minerals Technologies (MTX) disclose about Carolyn Pittman in this Form 4?
What are the phantom stock units granted to the Minerals Technologies (MTX) director?
How many phantom stock units does Carolyn Pittman hold after this MTX transaction?
Is the Minerals Technologies (MTX) Form 4 transaction a stock purchase or sale?
When will the phantom stock units for the Minerals Technologies (MTX) director be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.