Form 4: Minerals Technologies VP Sells Shares
Statement of Changes in Beneficial Ownership
Minerals Technologies Inc. Vice President Timothy Jordan reported a sale of 6,000 shares of common stock on May 11, 2026, for an average price of $80.2747 per share.
Summary
- Timothy Jordan, Vice President of Minerals Technologies Inc. (MTX), sold 6,000 shares of common stock on May 11, 2026.
- The sale was executed at a weighted average price of $80.2747 per share, with individual sale prices ranging from $80.045 to $80.620.
- Following this transaction, Jordan directly owns 1,279 shares of common stock.
- Additionally, Jordan beneficially owns 2,842.06 shares through a 401(k) plan.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as slightly negative due to the significant sale of shares by a Vice President, although the transaction was made pursuant to a Rule 10b5-1(c) plan, which can mitigate negative sentiment.
Negatives
- Vice President Timothy Jordan sold a significant number of shares (6,000) of common stock.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings typically report transactions by company insiders, such as officers and directors. Such sales can sometimes be interpreted by the market as a signal of insider confidence (or lack thereof) in the company's future prospects, though they can also be part of pre-arranged trading plans for personal liquidity needs.
Stakeholder Impact
- Shareholders may view the sale of shares by a Vice President with some concern, although the transaction was made under a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 05/11/2026 | Earliest transaction date and date of stock sale. |
| 05/13/2026 | Date of signature for the filing. |
Keywords
Minerals Technologies Inc., MTX, Form 4, Insider Trading, Stock Sale, Timothy Jordan, Beneficial Ownership
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