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

Director John J. Carmola reports acquisition of phantom stock units in Minerals Technologies Inc. under a deferred compensation plan.

Summary

• On March 7, 2025, John J. Carmola, a director of Minerals Technologies Inc., reported the acquisition of 37.756 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 are to be settled in cash upon the director's termination of service.
• Following the transaction, Carmola directly owns 23,309.345 phantom stock units.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating routine compensation practices. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

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 executive compensation and aligns with standard practices for publicly traded companies. It reflects the company's compensation strategy for non-employee directors.

Stakeholder Impact

• The acquisition of phantom stock units by a director aligns the director's interests with those of the shareholders, as the value of the units is tied to the company's stock performance.

Key Dates