Form 4: Director Marc E. Robinson Reports Acquisition of Phantom Stock Units in Minerals Technologies Inc.

Director Marc E. Robinson reports the acquisition of 2,500 phantom stock units in Minerals Technologies Inc. under a deferred compensation plan.

Summary

• On May 14, 2025, Director Marc E. Robinson acquired 2,500 phantom stock units of Minerals Technologies Inc.
• These units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• Each phantom stock unit is economically equivalent to one share of Minerals Technologies Inc. Common Stock.
• The phantom stock units will be settled in cash upon the director's termination of service.
• Following the transaction, Robinson beneficially owns 24,778.878 derivative securities.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine filing related to director compensation. The acquisition of phantom stock units is a standard practice.

Positives

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.
• The deferred compensation plan incentivizes long-term commitment from non-employee directors.

Future Outlook

The phantom stock units will be settled in cash upon the director's termination of service, representing a future cash outflow for the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may view the acquisition of phantom stock units positively, as it aligns the director's interests with the company's long-term performance.
• The deferred compensation plan may impact the company's future cash flows when the units are settled upon the director's termination of service.

Key Dates

Keywords

phantom stock units, director, Form 4, Minerals Technologies Inc., deferred compensation, MTX, Robinson