Form 4: Minerals Technologies Inc. Director Alison Ann Deans Reports Acquisition of Phantom Stock Units

Alison Ann Deans, a director of Minerals Technologies Inc., reported the acquisition of 2,500 phantom stock units on May 14, 2025, according to a Form 4 filing with the SEC.

Summary

• On May 14, 2025, Alison Ann Deans, a director at Minerals Technologies Inc. (MTX), acquired 2,500 phantom stock units.
• These phantom stock units are the economic equivalent of 2,500 shares of Minerals Technologies Inc. common stock.
• The units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• These units will be settled in cash upon Deans' termination of service as a director.
• Following the transaction, Deans beneficially owns 15,323.714 phantom stock units directly.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The acquisition of phantom stock units by a director is generally viewed as a slightly positive sign, but the document itself is primarily informational.

Positives

• The acquisition of phantom stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

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 is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The use of phantom stock units as part of director compensation is a common practice among publicly listed companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Form 4, Minerals Technologies Inc., Alison Ann Deans, phantom stock units, director, beneficial ownership, MTX, SEC filing, Non-Funded Deferred Compensation and Unit Award Plan