Form 4: Minerals Technologies Director Franklin Feder Increases Beneficial Ownership Through Phantom Stock Unit Accrual

Franklin Feder, a Director and 10% Owner of Minerals Technologies Inc., accrued an additional 43.465 phantom stock units, increasing his beneficial ownership to 22,170.956 units.

Summary

• Franklin Feder, a Director and 10% Owner of Minerals Technologies Inc. (MTX), reported a transaction on June 12, 2025.
• The transaction involved the accrual of 43.465 phantom stock units.
• 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 the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
• Following this transaction, Mr. Feder's total beneficial ownership of phantom stock units increased to 22,170.956.
• The phantom stock units are to be settled in cash upon Mr. Feder's termination of service as a director.

Sentiment

Score: 6

Explanation: The accrual of phantom stock units by a director, increasing their beneficial ownership, generally indicates continued alignment of interests with shareholders, which is a mildly positive signal.

Positives

• Increased beneficial ownership by a director, which can be seen as a positive alignment of interests with shareholders.

Negatives

• None identified.

Risks

• None explicitly mentioned in this filing, as Form 4 primarily reports insider transactions.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which focuses solely on an insider transaction.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Accrual of 43.465 phantom stock units by Director Franklin Feder under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.

Stakeholder Impact

• Shareholders: Increased beneficial ownership by a director may be viewed as a positive signal of alignment with shareholder interests.

Next Steps

• Settlement of phantom stock units in cash upon Franklin Feder's termination of service as a director.

Key Dates

Keywords

Minerals Technologies Inc., MTX, Franklin Feder, SEC Form 4, Insider Transaction, Phantom Stock Units, Director Compensation, Beneficial Ownership