Form 4: Minerals Technologies Director Carolyn Pittman Accrues Additional Phantom Stock Units

Minerals Technologies Inc. Director Carolyn K. Pittman has acquired an additional 84.753 phantom stock units as part of her deferred compensation plan, increasing her total beneficial ownership to 18,308.472 units.

Summary

• Carolyn K. Pittman, a Director of Minerals Technologies Inc. (MTX), acquired 84.753 phantom stock units on July 1, 2025.
• The acquisition was made under the Minerals Technologies Inc. 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.
• These phantom stock units are to be settled in cash upon Ms. Pittman's termination of service as a director.
• Following this transaction, Ms. Pittman's total beneficial ownership of phantom stock units increased to 18,308.472.

Sentiment

Score: 7

Explanation: The acquisition of additional phantom stock units by a director, even if cash-settled, indicates continued participation in the company's long-term incentive plans and alignment with shareholder value.

Positives

• The acquisition of additional phantom stock units by a director indicates continued participation in the company's long-term incentive plans.
• Increased beneficial ownership, even of cash-settled phantom units, suggests ongoing alignment of the director's interests with the company's performance and shareholder value.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minor positive impact on shareholders due to increased director alignment with company performance through participation in the deferred compensation plan.

Key Dates

Keywords

Minerals Technologies Inc., MTX, SEC Form 4, insider transaction, phantom stock units, deferred compensation, director compensation, beneficial ownership