Form 4: Minerals Technologies Group President Exercises Stock, Covers Taxes

Minerals Technologies Inc. Group President Brett Argirakis reported exercising deferred restricted stock units and subsequent tax-related share withholdings.

Summary

• Brett Argirakis, Group President of Minerals Technologies Inc., reported exercising Deferred Restricted Stock Units (DRSUs) and subsequent common stock transactions.
• On January 23, 2026, 3,247 shares of common stock were acquired through DRSU exercise, increasing direct beneficial ownership to 32,504 shares.
• Immediately following, 1,413 shares were disposed of at $68.77 to cover tax withholding obligations, resulting in 31,091 directly owned shares.
• On January 26, 2026, an additional 2,672 shares of common stock were acquired via DRSU exercise, bringing direct beneficial ownership to 33,763 shares.
• Subsequently, 1,163 shares were disposed of at $68.89 for tax withholding, leaving 32,600 directly owned shares.
• Argirakis also indirectly owns 2,850.7 shares of common stock through a 401(k) plan, based on a statement as of January 21, 2026.
• The remaining direct beneficial ownership of Deferred Restricted Stock Units (DRSUs) is 21,572 units after these transactions.

Sentiment

Score: 5

Explanation: The filing details routine insider transactions related to executive compensation, specifically the exercise of deferred restricted stock units and subsequent share withholdings for tax purposes. These transactions are expected and do not provide new fundamental information to alter an investment thesis, thus indicating a neutral sentiment.

Positives

• Acquisition of 3,247 shares of common stock on January 23, 2026, through the exercise of Deferred Restricted Stock Units, increasing direct beneficial ownership.
• Acquisition of 2,672 shares of common stock on January 26, 2026, through the exercise of Deferred Restricted Stock Units, further increasing direct beneficial ownership.
• The exercise of DRSUs represents the vesting of executive compensation, a routine and expected event.

Negatives

• Disposition of 1,413 shares of common stock on January 23, 2026, at a price of $68.77 per share to satisfy tax withholding obligations.
• Disposition of 1,163 shares of common stock on January 26, 2026, at a price of $68.89 per share to satisfy tax withholding obligations.
• These dispositions reduce the direct beneficial ownership of the insider, although they are for tax purposes and are a common occurrence with equity compensation.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction. It solely reports past insider transactions.

Industry Context

This Form 4 filing reports routine insider transactions related to executive compensation and does not provide information relevant to broader industry trends or competitive landscape analysis.

Related Party Transactions

• The disposition of shares to Minerals Technologies Inc. to satisfy tax withholding obligations related to the exercise of equity awards is a standard related-party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine compensation-related transactions by an insider, not indicative of a change in company fundamentals or strategy.
• Employees: No direct impact on the broader employee base is indicated by this filing.

Next Steps

• Future vesting of remaining Deferred Restricted Stock Units (DRSUs) on their scheduled dates.

Key Dates

Recommendation

The filing details routine insider transactions related to executive compensation, specifically the exercise of deferred restricted stock units and subsequent share withholdings for tax purposes. These transactions are expected and do not provide new fundamental information to alter an investment thesis or suggest a change in the company's underlying value. Therefore, a 'hold' recommendation is appropriate as this filing alone does not warrant a change in investment position.

Keywords

Minerals Technologies, MTX, Insider Transaction, Form 4, Deferred Restricted Stock Units, Executive Compensation, Stock Exercise, Tax Withholding, Brett Argirakis