Form 4: Minerals Technologies Inc. Executive Reports Stock Transaction
SEC Form 4
Daniel Joseph Monagle III, Group President at Minerals Technologies Inc., reports a transaction involving company stock.
Summary
- On May 10, 2024, Daniel Joseph Monagle III, Group President of Minerals Technologies Inc., reported a transaction.
- The transaction involved the disposition of 1,300 shares of common stock at $0.00.
- Following the transaction, Monagle directly owns 79,731 shares of common stock.
- Monagle also indirectly owns 580.067 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral report on a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider trading activity, required by the SEC to ensure transparency and prevent illegal insider trading. It is common for executives to periodically adjust their holdings.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, depending on the overall market perception of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock transaction |
| 05/13/2024 | Date of Plan Statement |
| 05/14/2024 | Date of signature for the report |
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