Form 4: Minerals Technologies Inc. Director Acquires Phantom Stock Units

Director Rocky Motwani acquired 2,500 phantom stock units in Minerals Technologies Inc. under a deferred compensation plan.

Summary

• On May 14, 2025, Rocky Motwani, a director of Minerals Technologies Inc., acquired 2,500 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 units are to be settled in cash upon the reporting person's termination of service as a director.
• Following the transaction, Motwani directly owns 6,138.553 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to director compensation, indicating a neutral sentiment.

Future Outlook

The phantom stock units will be settled in cash upon the reporting person's termination of service as a director.

Industry Context

This filing reflects standard executive compensation practices, where phantom stock units are used to align the interests of non-employee directors with those of the shareholders.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.

Key Dates

Keywords

phantom stock units, director, Minerals Technologies Inc., deferred compensation, Form 4, MTX, equity securities, beneficial ownership