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.
Sentiment and the balance of points
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM STOCK UNITS F1, F2 | 112.19 | $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.
Key Figures
Key Terms
phantom stock units financial
economic equivalent financial
Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial
FAQ
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How many phantom stock units did MTX director Carolyn K. Pittman receive?
How are MTX phantom stock units settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.