Form 4: Minerals Technologies VP HR Reports Stock Transactions
Insider Transaction Report
Minerals Technologies' VP of Human Resources, Erin Cutler, reported the acquisition of common stock through DRSU vesting and subsequent tax-related dispositions.
Summary
- Erin Cutler, VP of Human Resources at Minerals Technologies Inc. (MTX), reported transactions involving common stock.
- On January 23, 2026, 1,276 shares of common stock were acquired through the vesting of Deferred Restricted Stock Units (DRSUs).
- On the same date, 608 shares were disposed of at a price of $68.77 to satisfy tax withholding obligations.
- Following these transactions, direct beneficial ownership was 7,059 shares.
- On January 26, 2026, an additional 1,195 shares of common stock were acquired through DRSU vesting.
- Also on January 26, 2026, 520 shares were disposed of at a price of $68.89 for tax withholding purposes.
- After these transactions, direct beneficial ownership increased to 7,734 shares.
- Indirect beneficial ownership includes 1,697.399 shares held in a 401(k) as of January 21, 2026.
- The DRSUs are the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- DRSUs granted on January 23, 2024, vest in three equal annual installments beginning January 23, 2025.
- DRSUs granted on January 24, 2023, vest in three equal annual installments beginning January 24, 2024.
Sentiment
Score: 5
Explanation: This is a routine insider transaction reporting executive compensation and tax withholding, which has no direct operational or financial impact on the company's performance or outlook.
Positives
- The vesting of Deferred Restricted Stock Units (DRSUs) indicates the fulfillment of executive compensation plans, aligning management interests with shareholder value over time.
Negatives
- The disposition of shares for tax withholding is a routine event and does not reflect a negative outlook on the company's performance.
Future Outlook
This filing is a report of past insider transactions and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure of executive compensation and stock ownership changes, which is standard practice across all publicly traded companies. It does not provide specific insights into broader industry trends or competitive positioning for Minerals Technologies Inc.
Stakeholder Impact
- Shareholders: Provides transparency on changes in executive stock ownership, which is a standard corporate governance practice.
Key Dates
| Date | Description |
|---|---|
| 01/24/2023 | Grant date for Deferred Restricted Stock Units (DRSUs) that began vesting on January 24, 2024. |
| 01/23/2024 | Grant date for Deferred Restricted Stock Units (DRSUs) that began vesting on January 23, 2025. |
| 01/21/2026 | Date of the Plan Statement for the 401(k) account. |
| 01/23/2026 | Transaction date for DRSU conversion and tax-related disposition of common stock. |
| 01/26/2026 | Transaction date for DRSU conversion and tax-related disposition of common stock. |
| 01/27/2026 | Signature date of the reporting person. |
Recommendation
holdThis Form 4 reports routine executive compensation events, specifically the vesting of deferred restricted stock units and subsequent tax-related share dispositions. Such transactions are standard and do not typically indicate a change in the company's fundamental performance or outlook, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
Minerals Technologies, MTX, Erin Cutler, Form 4, Insider Trading, Stock Transaction, DRSU, Restricted Stock Units, Executive Compensation, Human Resources VP
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