Minerals Tech SEC Filings

Joseph C. Breunig, a director of Minerals Technologies Inc. (MTX), reported the accrual of 33.482 phantom stock units on 09/05/2025 under the company's Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Each phantom stock unit equals one share of common stock and will be settled in cash when Mr. Breunig leaves board service. After this accrual, the filing reports 19,547.582 shares of common stock beneficially owned by the reporting person. The transaction was reported on Form 4 and signed on 09/09/2025.

Minerals Technologies Inc. (MTX) director Franklin Feder reported accrual of 38.404 phantom stock units on 09/05/2025 under the companys Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. Each phantom unit equals one share of common stock and is payable in cash upon Mr. Feders termination of service as a director. After this accrual, Mr. Feder beneficially owns 22,421.244 shares (or economic equivalents). The Form 4 was filed by one reporting person and indicates no exercise price or immediate stock transfer, reflecting deferred director compensation rather than an open-market trade.

Rocky Motwani, a director of Minerals Technologies Inc. (MTX), reported on Form 4 that on 09/05/2025 he was credited with 10.553 phantom stock units. Each phantom unit is the economic equivalent of one share of common stock and these units were accrued under the company Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. The units carry a reported price of $0 and are to be settled in cash when the reporting person ends service as a director. After the accrual, the filing shows 6,161.164 shares beneficially owned by the reporting person (direct ownership). The Form 4 was signed on behalf of Rocky Motwani on 09/09/2025.

Report summary: Minerals Technologies Inc. director Carolyn K. Pittman was credited with 31.414 phantom stock units on 09/05/2025. Each phantom unit equals one share of MTX common stock and the units were accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. The phantom units are to be settled in cash upon Ms. Pittman’s termination of service as a director. After this accrual, the form shows Ms. Pittman beneficially owned 18,339.886 shares of common stock on a direct basis. The Form 4 was signed on 09/09/2025.

Marc E. Robinson, a director of Minerals Technologies Inc. (MTX), reported on Form 4 a grant of 42.599 phantom stock units dated 09/05/2025. Each phantom stock unit equals one share of MTX common stock and will be settled in cash when Mr. Robinson’s service as a director ends under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. The filing shows 24,870.15 shares as the amount of common stock beneficially owned following the reported transaction and indicates the units were recorded at a price of $0 for reporting purposes. The Form 4 was signed on behalf of Mr. Robinson by Timothy Jordan on 09/09/2025.

Minerals Technologies (MTX) Q2-25 10-Q highlights

Net sales slipped 2% YoY to $528.9 m, but operating income jumped 47% to $74.6 m as the prior-year $30 m DIP credit-loss provision did not recur. Net income attributable to MTX rose to $45.4 m ($1.44 EPS) from $19.7 m ($0.61 EPS). Production margin eased 70 bp to 25.9% as volume softened; SG&A and R&D were held flat as a percent of sales. The quarter includes a $5.8 m restructuring charge for facility consolidation and a $5.6 m gain on the China refractories divestiture.

For the first half, revenue fell 5% to $1.02 bn and the company posted a $98.6 m net loss, driven by a $215 m reserve to fund a talc-related trust and Chapter 11 costs. Cash was $313.8 m; total liquidity exceeds $650 m including the $400 m revolver (only $17 m drawn). Net debt remained essentially flat at $959 m; leverage covenant (max 4×) remains satisfied.

Current liabilities swelled to $603 m (vs $398 m YE-24) largely from the litigation reserve. Shareholders’ equity fell 6% to $1.69 bn after repurchasing $30.5 m of stock H1 and recording OCI gains of $40 m on FX translation. Segmentally, Consumer & Specialties contributed $34.0 m operating profit (-23%), Engineered Solutions $46.8 m (+5%).

Key themes:

• Litigation remains the dominant swing factor; Chapter 11 process ongoing.
• Core operations show resilient profitability despite modest sales pressure.
• Balance-sheet flexibility preserved for buybacks and capex ($47 m H1).

Minerals Technologies Inc. (MTX) filed a Form 8-K on 16-Jul-2025 announcing that its Board of Directors declared a regular quarterly cash dividend of $0.11 per share. The dividend is payable on 5-Sep-2025 to shareholders of record at the close of business on 15-Aug-2025. The related press release is furnished as Exhibit 99.1; no other financial data, transactions, or strategic updates were included.

The disclosure confirms continuation of MTX’s shareholder-return policy but introduces no new earnings information, guidance, or material events. As such, the filing is considered routine with limited immediate valuation impact.