Form 4: Minerals Technologies Director Acquires Phantom Stock Units

Minerals Technologies Director Kristina Johnson acquired 8.32 phantom stock units, increasing her beneficial ownership to 4,073.556 units.

Summary

• Director Kristina M. Johnson of Minerals Technologies Inc. (MTX) acquired 8.32 phantom stock units on December 4, 2025.
• Following this acquisition, Ms. Johnson beneficially owns a total of 4,073.556 phantom stock units directly.
• Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
• The phantom stock units were accrued under the company's Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• These units are to be settled in cash upon Ms. Johnson's termination of service as a director.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase or sale plan.

Sentiment

Score: 6

Explanation: A routine filing indicating a director's acquisition of phantom stock units as part of their compensation plan, which aligns their interests with shareholders. This is a neutral to slightly positive event.

Positives

• Director Johnson's increased beneficial ownership aligns her interests with those of the company's shareholders.
• The acquisition of phantom stock units is part of a structured deferred compensation plan, reflecting a standard and transparent approach to director remuneration.

Future Outlook

The phantom stock units acquired by Director Johnson are scheduled to be settled in cash upon her termination of service as a director.

Industry Context

This is a routine insider transaction filing, common across all industries for publicly traded companies. It reflects standard director compensation practices designed to align director interests with long-term company performance.

Comparison to Industry Standards

• The use of phantom stock units for non-employee director compensation is a common practice in many industries, including materials and manufacturing, aligning director interests with long-term company performance without immediate equity dilution.
• The structure, where units are settled in cash upon termination of service, is a standard deferred compensation mechanism for directors in publicly traded companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Director's interests are further aligned with long-term company performance, potentially fostering better governance and strategic decisions.

Next Steps

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

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-scheduled acquisition of phantom stock units by a director as part of their compensation plan. While it indicates alignment of interests, it does not present new material information that would warrant a change in investment recommendation. The transaction is expected and does not reflect a change in the company's fundamental outlook or operational performance.

Keywords

Minerals Technologies Inc., MTX, Kristina Johnson, Form 4, Insider Transaction, Phantom Stock Units, Director Compensation, Deferred Compensation, Beneficial Ownership, Rule 10b5-1