Form 4: Minerals Technologies Inc. Director Marc E. Robinson Reports Acquisition of Phantom Stock Units

Director Marc E. Robinson reports acquiring phantom stock units in Minerals Technologies Inc. under a deferred compensation plan.

Summary

• On March 7, 2025, Marc E. Robinson, a director of Minerals Technologies Inc., acquired 36.087 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 equivalent to one share of Minerals Technologies Inc. common stock.
• The units will be settled in cash upon Robinson's termination of service as a director.
• Following the transaction, Robinson beneficially owns 22,278.878 phantom stock units directly.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stable corporate governance practices. It's neither overwhelmingly positive nor negative.

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 compensation practices for non-employee directors, utilizing deferred compensation plans to align director interests with long-term shareholder value.

Comparison to Industry Standards

• Deferred compensation plans, including phantom stock units, are common among publicly traded companies to incentivize and retain non-employee directors.
• Companies like Ecolab and Sherwin-Williams also utilize similar deferred compensation strategies for their board members.
• The specific number of units and terms of the plan are typical for companies of Minerals Technologies Inc.'s size and industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with the long-term performance of the company.
• There is no immediate impact on employees, customers, suppliers, or creditors.

Key Dates