Form 4: Minerals Technologies Director Kristina M. Johnson Accrues Additional Phantom Stock Units
Insider Transaction Report
Kristina M. Johnson, a Director at Minerals Technologies Inc., has accrued an additional 7.956 phantom stock units, bringing her total beneficial ownership to 4,058.273 units.
Summary
- The filing reports an insider transaction by Kristina M. Johnson, a Director of Minerals Technologies Inc. (MTX).
- On June 12, 2025, Ms. Johnson acquired 7.956 phantom stock units.
- Following this transaction, Ms. Johnson's total beneficial ownership of phantom stock units stands at 4,058.273.
- Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- These units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
- The phantom stock units are to be settled in cash upon Ms. Johnson's termination of service as a director.
Sentiment
Score: 5
Explanation: The filing reports a routine accrual of phantom stock units as part of a director's compensation plan, which is a standard, non-eventful transaction with no immediate positive or negative implications for the company's operational or financial performance.
Positives
- The accrual of phantom stock units aligns the director's financial interests with the long-term performance of Minerals Technologies Inc. common stock, benefiting shareholders.
Future Outlook
N/A. This Form 4 filing reports a past transaction and does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
This Form 4 filing details an individual director's compensation accrual and does not provide information relevant to broader industry trends, competitive analysis, or the operational performance of Minerals Technologies Inc. within its sector.
Stakeholder Impact
- Shareholders: The accrual of phantom stock units aligns the director's interests with shareholders, as the value of these units is tied to the company's common stock performance, potentially encouraging decisions that enhance shareholder value.
Key Dates
| Date | Description |
|---|---|
| 06/12/2025 | Date of transaction: Accrual of 7.956 phantom stock units by Director Kristina M. Johnson. |
| 06/16/2025 | Date the Form 4 was signed by Timothy J Jordan for Kristina M Johnson. |
Keywords
Minerals Technologies Inc., MTX, Form 4, Insider Transaction, Phantom Stock Units, Director Compensation, SEC Filing, Equity Compensation
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