Form 4: Minerals Technologies Exec's Routine Stock Transactions

Minerals Technologies Group President DJ Monagle III reported recent stock acquisitions from deferred restricted stock unit conversions and subsequent tax-related share disposals.

Summary

• DJ Monagle III, Group President of Minerals Technologies Inc. (MTX), reported transactions involving common stock and deferred restricted stock units (DRSUs).
• On January 23, 2026, Monagle acquired 3,795 shares of common stock through the conversion of DRSUs at a price of $0.
• Concurrently on January 23, 2026, 2,099 shares were disposed of at $68.77 to satisfy tax withholding obligations, resulting in a beneficial ownership of 87,501 direct shares.
• On January 26, 2026, Monagle acquired an additional 3,519 shares of common stock from DRSU conversions at a price of $0.
• On the same date, January 26, 2026, 1,947 shares were disposed of at $68.89 for tax withholding, leading to a beneficial ownership of 89,073 direct shares.
• Following these transactions, Monagle also indirectly beneficially owns 807.854 shares through a 401(k) plan, based on a statement dated January 21, 2026.
• The DRSUs are the economic equivalent of one share of Minerals Technologies Inc. Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects the vesting of equity awards, indicating the executive's continued alignment with the company's performance. The share disposals are routine for tax purposes and do not suggest a negative outlook.

Positives

• The executive acquired a total of 7,314 shares of common stock through the vesting and conversion of deferred restricted stock units, increasing direct beneficial ownership.
• The transactions reflect the vesting of previously granted equity awards, indicating the executive's continued long-term incentive alignment with shareholder interests.

Negatives

• A portion of the acquired shares (4,046 shares in total) was immediately disposed of to cover tax withholding obligations, which is a common practice but reduces the net increase in direct ownership.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive landscape for Minerals Technologies Inc.

Stakeholder Impact

• Shareholders: The transactions are routine and reflect standard executive compensation practices, with no direct material impact on the company's operational or financial performance.
• Employees: No direct impact mentioned.

Next Steps

• Future vesting installments of the DRSUs granted on January 23, 2024, will occur annually after January 23, 2025.
• Future vesting installments of the DRSUs granted on January 24, 2023, will occur annually after January 24, 2024.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to the vesting of deferred restricted stock units and subsequent tax-related share sales. Such transactions are typically pre-scheduled and do not reflect new information about the company's fundamentals, operational performance, or strategic direction. Therefore, it does not provide a basis for a change in investment recommendation; a 'hold' stance is appropriate as it maintains the current position based on broader company analysis.

Keywords

Minerals Technologies Inc., MTX, Form 4, Insider Trading, Beneficial Ownership, Stock Transactions, Deferred Restricted Stock Units, DRSUs, Equity Compensation, Executive Compensation