Form 4: Minerals Technologies Inc. Executive Reports Stock Transactions

Senior Vice President Erik Aldag of Minerals Technologies Inc. reports the acquisition and disposal of company stock and deferred restricted stock units.

Summary

• Erik Aldag, a Senior Vice President at Minerals Technologies Inc., reported transactions involving the company's common stock and deferred restricted stock units (DRSUs).
• On January 27, 2025, Aldag acquired 286 shares of common stock through the vesting of DRSUs.
• Also on January 27, 2025, 159 shares were disposed of to cover tax withholding obligations at a price of $76.19 per share.
• Following these transactions, Aldag directly owns 3,245 shares of common stock and indirectly owns 674.111 shares through a 401(k) plan.
• Aldag also holds 13,059 DRSUs, each representing one share of common stock, which vest in three equal annual installments.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, which is neither positive nor negative.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The vesting schedule of the DRSUs is typical for executive compensation packages.
• The tax withholding of shares is a common practice when stock options or restricted stock units vest.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

stock transactions, insider trading, form 4, deferred restricted stock units, DRSUs, executive compensation, equity securities, beneficial ownership, Minerals Technologies Inc., MTX