Form 4: Kristina Johnson Reports Minerals Technologies Stock Transactions

Kristina M. Johnson, a Director at Minerals Technologies Inc., reported a transaction involving phantom stock units.

Summary

• Kristina M. Johnson, a Director of Minerals Technologies Inc. (MTX), reported a transaction on May 20, 2026.
• The transaction involved 1,908.146 phantom stock units.
• These phantom stock units are economically equivalent to shares of Minerals Technologies Inc. Common Stock.
• The units were accrued under the company's Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• Settlement of these units will be in cash upon termination of service as a director.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine compensation-related transactions for a director and does not contain new financial performance data or strategic announcements.

Positives

• Director Kristina M. Johnson continues to hold phantom stock units, indicating ongoing participation in the company's long-term incentive plans.
• The phantom stock units are designed to align director compensation with shareholder value, as they are economically equivalent to common stock.

Negatives

• The filing does not disclose any negative financial or operational information.

Risks

• The value of the phantom stock units is subject to the future performance of Minerals Technologies Inc. Common Stock.
• There is a risk that the cash settlement value upon termination of service may be less than anticipated if the stock price declines.

Future Outlook

The future outlook for the phantom stock units is tied to the performance of Minerals Technologies Inc. Common Stock and the reporting person's continued service as a director.

Industry Context

StockSavvy.ai notes that the use of phantom stock units is a common practice in corporate governance for non-employee directors, aligning their interests with shareholders and providing a deferred compensation mechanism.

Corporate Governance

Related Party Transactions

• The transaction involves a director (Kristina M. Johnson) and the company (Minerals Technologies Inc.), related to her compensation as a director.

Stakeholder Impact

• Shareholders: The phantom stock units are tied to the company's stock performance, so their value directly impacts the compensation received by directors.
• Directors: Kristina M. Johnson will receive a cash settlement based on the value of the phantom stock units upon her departure from the board.

Next Steps

• Settlement of phantom stock units in cash upon Kristina M. Johnson's termination of service as a director.

Key Dates

Keywords

Minerals Technologies Inc., MTX, Form 4, Kristina M. Johnson, Director, Phantom Stock Units, Deferred Compensation, Beneficial Ownership, SEC Filing