Form 4: Minerals Technologies VP Acquires Shares, Covers Taxes

Minerals Technologies Inc. Vice President Michael Cipolla reported the acquisition of common stock through vesting of deferred restricted stock units and subsequent tax-related dispositions.

Summary

• Michael Cipolla, Vice President of Minerals Technologies Inc. (MTX), reported transactions involving common stock and deferred restricted stock units (DRSUs).
• On January 23, 2026, 1,427 shares of common stock were acquired at a price of $0 upon the vesting of DRSUs.
• Concurrently on January 23, 2026, 774 shares were disposed of at $68.77 to satisfy tax withholding obligations, resulting in a direct beneficial ownership of 38,897 shares.
• On January 26, 2026, an additional 1,292 shares of common stock were acquired at a price of $0 due to DRSU vesting.
• On the same date, January 26, 2026, 660 shares were disposed of at $68.89 for tax withholding purposes, bringing direct beneficial ownership to 39,529 shares.
• An indirect beneficial ownership of 9,802.966 shares is held in a 401(k) plan as of January 21, 2026.
• The DRSUs vesting on January 23, 2026, were granted on January 23, 2024, and vest in three equal annual installments beginning on January 23, 2025.
• The DRSUs vesting on January 26, 2026, were granted on January 24, 2023, and vest in three equal annual installments beginning on January 24, 2024.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions involving the vesting of deferred restricted stock units and subsequent dispositions to cover tax obligations. While dispositions reduce direct ownership, the underlying acquisitions increase the executive's overall stake, indicating continued alignment with shareholder interests.

Positives

• Acquisition of 1,427 shares and 1,292 shares of common stock through the vesting of deferred restricted stock units increases the executive's direct ownership stake in the company.
• The vesting of DRSUs represents a component of executive compensation, aligning management's interests with long-term shareholder value.

Negatives

• Disposition of 774 shares at $68.77 and 660 shares at $68.89 for tax withholding purposes reduced the executive's direct beneficial ownership by a total of 1,434 shares.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports routine insider transactions related to executive compensation and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders may view the increase in the executive's overall beneficial ownership (through vesting) as a positive sign of management's continued alignment with shareholder interests.

Key Dates

Recommendation

The Form 4 details routine insider transactions related to executive compensation, specifically the vesting of deferred restricted stock units and subsequent tax-related dispositions. These transactions do not indicate a change in the company's fundamental outlook or strategic direction, nor do they suggest any unusual buying or selling activity that would warrant a change in investment recommendation based solely on this filing.

Keywords

Minerals Technologies, MTX, Form 4, Insider Trading, Stock Acquisition, Stock Disposition, Deferred Restricted Stock Units, DRSU, Michael Cipolla, Executive Compensation