Form 4: Minerals Technologies Director Marc Robinson Accrues Additional Phantom Stock Units

Minerals Technologies Inc. Director Marc E. Robinson has accrued an additional 48.673 phantom stock units as part of his non-employee director compensation plan, bringing his total beneficial ownership to 24,827.551 units.

Summary

• Marc E. Robinson, a Director of Minerals Technologies Inc. (MTX), acquired 48.673 phantom stock units.
• The transaction occurred on June 12, 2025.
• 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 economically equivalent to one share of Minerals Technologies Inc. Common Stock.
• The units are to be settled in cash upon Mr. Robinson's termination of service as a director.
• Following this transaction, Mr. Robinson beneficially owns a total of 24,827.551 phantom stock units.

Sentiment

Score: 6

Explanation: The accrual of phantom stock units is a routine, non-cash compensation event for a director, aligning their interests with shareholders. It reflects standard corporate governance practices.

Positives

• The accrual of phantom stock units aligns the director's interests with those of shareholders, as the value of the units is tied to the company's common stock performance.
• This represents a routine compensation mechanism for non-employee directors, indicating stable corporate governance practices.

Risks

• The value of the phantom stock units is subject to the market performance of Minerals Technologies Inc. Common Stock, meaning the cash settlement value upon termination could fluctuate.

Future Outlook

The phantom stock units are designed to be settled in cash upon Marc E. Robinson's termination of service as a director.

Industry Context

This is a routine insider transaction related to director compensation and does not directly reflect broader industry trends or competitive dynamics. It indicates standard practices for compensating non-employee directors in publicly traded companies.

Comparison to Industry Standards

• The use of phantom stock units as a component of non-employee director compensation is a common practice across various industries, including materials and specialty chemicals, aligning director incentives with shareholder value.
• Specific comparable companies or projects are not relevant for this type of individual compensation filing.

Corporate Governance

Related Party Transactions

• This filing details director compensation, which is a standard transaction between the company and a related party (director) as part of their service agreement.

Stakeholder Impact

• Shareholders: The accrual of phantom stock units aligns the director's interests with shareholders, as the value is tied to the common stock.

Next Steps

• The phantom stock units will be settled in cash upon Marc E. Robinson's termination of service as a director.

Key Dates

Keywords

Minerals Technologies Inc., MTX, Marc E. Robinson, Director, SEC Form 4, Phantom Stock Units, Deferred Compensation, Insider Transaction, Corporate Governance, Executive Compensation