Form 4: Minerals Technologies Director Robert L. Clark Accrues Additional Phantom Stock Units

Minerals Technologies Inc. Director Robert L. Clark has accrued an additional 61.885 phantom stock units as part of his non-employee director compensation plan, increasing his total beneficial ownership to 31,566.921 units.

Summary

• Robert L. Clark, a Director of Minerals Technologies Inc. (MTX), reported a change in his beneficial ownership via a Form 4 filing.
• On June 12, 2025, Mr. Clark acquired 61.885 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.
• The phantom stock units are to be settled in cash upon Mr. Clark's termination of service as a director.
• Following this transaction, Mr. Clark's total beneficial ownership of phantom stock units stands at 31,566.921.

Sentiment

Score: 6

Explanation: The transaction is a routine accrual of compensation units for a director. While generally neutral, it carries a slightly positive sentiment as it indicates continued insider alignment with shareholder interests through equity-linked compensation.

Positives

• The accrual of phantom stock units aligns the director's financial interests with those of shareholders, as the value of these units is directly tied to the company's common stock performance.
• Increased beneficial ownership by a director, even through compensation accruals, can signal continued confidence in the company's future prospects and long-term strategy.

Negatives

• No negative aspects were identified in this routine compensation accrual, which is a standard part of director remuneration.

Risks

• No specific risks were mentioned or implied in this Form 4 filing, as it primarily details a routine insider compensation transaction.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Minerals Technologies Inc.'s future financial performance, strategic direction, or operational outlook. It is solely a report on an insider transaction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends, competitive dynamics, or market conditions for the minerals technologies sector. It reflects standard compensation practices for non-employee directors within publicly traded companies.

Corporate Governance

Related Party Transactions

• The accrual of 61.885 phantom stock units by Robert L. Clark, a director of Minerals Technologies Inc., constitutes a related party transaction as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• **Shareholders**: The accrual of phantom stock units aligns the director's financial interests with the company's stock performance, potentially fostering decisions that enhance shareholder value.
• **Director (Robert L. Clark)**: Receives additional compensation in the form of equity-linked units, which will be settled in cash upon termination of service, providing a deferred benefit tied to the company's valuation.

Next Steps

• The document does not mention any specific future actions, events, or milestones beyond the ongoing nature of the deferred compensation plan for non-employee directors.

Key Dates

Keywords

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