Director at Minerals Technologies (NYSE: MTX) receives phantom unit award

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PITTMAN CAROLYN K

(Last) (First) (Middle)

622 THIRD AVE.

38TH FLOOR

(Street)

NEW YORK NY 10017-6707

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MINERALS TECHNOLOGIES INC [ MTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
PHANTOM STOCK UNITS	(1)	03/06/2026		A		33.087		(2)	(2)	COMMON STOCK	33.087	$0	18,608.883	D

Explanation of Responses:

1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.

2. 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.

	TIMOTHY JORDAN FOR CAROLYN PITTMAN	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Minerals Technologies (MTX) disclose about Carolyn Pittman in this Form 4?

Minerals Technologies reported that director Carolyn K. Pittman received 33.087 phantom stock units on March 6, 2026. These compensation-related units are tied to the company’s common stock value and increase her deferred phantom balance to 18,608.883 units under a non-funded director plan.

What are the phantom stock units granted to the Minerals Technologies (MTX) director?

Each phantom stock unit is economically equivalent to one share of Minerals Technologies common stock. They track the share value but do not represent actual shares and are to be settled entirely in cash when the director’s board service ends under the company’s deferred compensation plan.

How many phantom stock units does Carolyn Pittman hold after this MTX transaction?

After the March 6, 2026 award, Carolyn K. Pittman holds 18,608.883 phantom stock units. This reflects the addition of 33.087 new units granted under the Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors at Minerals Technologies Inc.

Is the Minerals Technologies (MTX) Form 4 transaction a stock purchase or sale?

The Form 4 shows a grant of derivative phantom stock units, not a market purchase or sale of common shares. The transaction is recorded with code "A" for an award, and the units will be paid in cash upon termination of the director’s service.

When will the phantom stock units for the Minerals Technologies (MTX) director be settled?

The phantom stock units will be settled in cash when Carolyn K. Pittman’s service as a director ends. Until that time, they function as deferred compensation whose value mirrors Minerals Technologies’ common stock performance under the non-employee director plan.