Form 4: Minerals Technologies Director Accrues Phantom Stock Units

Minerals Technologies Director John J. Carmola accrued 44.371 phantom stock units under a deferred compensation plan.

Summary

• John J. Carmola, a Director of Minerals Technologies Inc. (MTX), acquired 44.371 phantom stock units on September 5, 2025.
• These units were accrued under the company's Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
• The phantom stock units are to be settled in cash upon Mr. Carmola's termination of service as a director.
• Following this transaction, Mr. Carmola beneficially owns a total of 25,904.413 phantom stock units.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of director compensation, not indicative of significant positive or negative company performance or strategic shifts.

Positives

• The accrual of phantom stock units aligns the director's interests with long-term shareholder value.
• The deferred compensation plan serves as a retention mechanism for experienced non-employee directors.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

This filing is a routine disclosure of director compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minor positive impact due to continued alignment of director interests with long-term company performance.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Settlement of phantom stock units in cash upon John J. Carmola's termination of service as a director.

Key Dates

Recommendation

This Form 4 filing reports a routine accrual of phantom stock units by a director as part of a deferred compensation plan. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should continue to hold based on broader company fundamentals and market conditions.

Keywords

Minerals Technologies Inc, MTX, John J Carmola, Director, Phantom Stock Units, Deferred Compensation, Insider Transaction, Form 4, Equity Compensation