Form 4: Minerals Technologies Inc. CFO Erik Aldag Reports Stock Purchase
SEC Form 4 Filing
Erik Aldag, SVP Finance and Treasury, CFO of Minerals Technologies Inc., reports the purchase of 1,000 shares of common stock at $50.37 on April 30, 2025.
Summary
- Erik Aldag, the SVP Finance and Treasury, CFO of Minerals Technologies Inc. (MTX), filed a Form 4 on May 1, 2025, reporting a change in beneficial ownership.
- On April 30, 2025, Aldag purchased 1,000 shares of MTX common stock at a price of $50.37 per share.
- Following the transaction, Aldag directly owns 4,245 shares of MTX common stock.
- Aldag also indirectly owns 865.006 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to a stock purchase by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's prospects.
Stakeholder Impact
- The stock purchase by a high-ranking officer could be perceived positively by shareholders, signaling confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of stock purchase transaction. |
| 05/01/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Purchase, Erik Aldag, Minerals Technologies Inc., MTX, CFO
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