STOCK TITAN

Minerals Technologies (MTX) SVP nets shares after DRSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Minerals Technologies Inc. Senior Vice President Jonathan J. Hastings reported equity compensation activity involving Deferred Restricted Stock Units (DRSUs) and common stock. On January 21, 2026, 2,788 DRSUs were converted into the same number of common shares at an exercise price of $0 per share. To cover tax withholding obligations, 1,318 of these shares were withheld by Minerals Technologies Inc. at $66.92 per share.

After these transactions, Hastings directly beneficially owned 60,328 shares of common stock and held an additional 2,932.333 shares indirectly through a 401(k) plan. He also beneficially owned 14,851 DRSUs, each economically equivalent to one share of Minerals Technologies Inc. common stock.

Positive

  • None.

Negative

  • None.
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
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*
Hastings Jonathan J

(Last) (First) (Middle)
622 THIRD AVENUE

(Street)
NEW YORK NY 10017

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026
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
Common Stock 01/21/2026 M 2,788 A $0 61,646 D
Common Stock 01/21/2026 F 1,318(1) D $66.92 60,328 D
Common Stock 2,932.333 I By 401(k)(2)
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
Deferred Restricted Stock Units (DRSUs) (3) 01/21/2026 M 2,788 (4) (4) Common Stock 2,788 $0 14,851 D
Explanation of Responses:
1. These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations.
2. The information contained in this report is based on a Plan Statement dated as of January 21, 2026.
3. Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
4. The DRSUs were granted on January 21, 2025, and vest in three equal annual installments beginning on January 21, 2026.
/s/ Timothy J. Jordan for Jonathan Hastings 01/23/2026
** 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 insider transaction did MTX Senior Vice President Jonathan Hastings report?

Jonathan J. Hastings reported the conversion of 2,788 Deferred Restricted Stock Units (DRSUs) into an equal number of Minerals Technologies Inc. common shares on January 21, 2026, at an exercise price of $0 per share.

How many Minerals Technologies (MTX) shares were withheld for taxes in this Form 4?

Of the shares issued upon DRSU conversion, 1,318 common shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations, at a price of $66.92 per share.

What are Jonathan Hastings’ MTX common stock holdings after the reported transactions?

Following the reported transactions, Jonathan J. Hastings directly beneficially owned 60,328 shares of Minerals Technologies Inc. common stock and held 2,932.333 shares indirectly through a 401(k) plan.

How many Deferred Restricted Stock Units does the MTX executive still hold?

After the reported DRSU conversion, Jonathan J. Hastings beneficially owned 14,851 Deferred Restricted Stock Units (DRSUs), each economically equivalent to one share of Minerals Technologies Inc. common stock.

When were the reported DRSUs originally granted and how do they vest?

The DRSUs were granted on January 21, 2025 and vest in three equal annual installments beginning on January 21, 2026, according to the footnote disclosure.

What is the role of Jonathan Hastings at Minerals Technologies Inc. (MTX)?

Jonathan J. Hastings is identified as an officer of Minerals Technologies Inc., serving as Senior Vice President, and filed this Form 4 as a single reporting person.

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2.15B
30.77M
1.14%
102.09%
1.58%
Specialty Chemicals
Industrial Inorganic Chemicals
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