STOCK TITAN

Minerals Technologies director gets cash-settled award

The director award is tied one-for-one to common stock and is to be settled in cash when her service as a director ends.

(Neutral)

Sentiment and the balance of points

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Form Type
4

Rhea-AI Filing Summary

Minerals Technologies Inc. director Carolyn K. Pittman acquired 112.1900 phantom stock units on October 1, 2026, bringing her reported direct balance to 20,896.8550 phantom stock units. Each unit is economically equivalent to one common share. The units accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors are to be settled in cash upon termination of her service as a director.

Insider PITTMAN CAROLYN K
Role Director
Type Security Shares Price Value
Grant/Award PHANTOM STOCK UNITS F1, F2 112.19 $0.00 $0.00
Holdings After Transaction: PHANTOM STOCK UNITS — 20,896.855 contracts (Direct)
Footnotes (2)
  1. F1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
  2. 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.
Director award 112.1900 phantom stock units Awarded October 1, 2026
Direct phantom stock units after award 20,896.8550 phantom stock units Reported following the October 1, 2026 transaction
Economic equivalence 1 common share per phantom stock unit Each phantom stock unit
phantom stock units financial
"Each phantom stock unit is the economic equivalent of one share"
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.
economic equivalent financial
"the economic equivalent of one share of Minerals Technologies Inc. Common Stock"
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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many phantom stock units did MTX director Carolyn K. Pittman receive?

Carolyn K. Pittman, a director of Minerals Technologies Inc., received 112.1900 phantom stock units on October 1, 2026. Her reported direct balance after the award was 20,896.8550 phantom stock units.

How are MTX phantom stock units settled?

Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. common stock. The units accrued under the Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors are to be settled in cash upon termination of service as a director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 NEW YORK 10017-6707

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MINERALS TECHNOLOGIES INC [ MTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
PHANTOM STOCK UNITS(1)10/01/2026A112.19 (2) (2)COMMON STOCK112.19$020,896.855D
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 PITTMAN10/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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