Form 4: MTX Director Carolyn Pittman Boosts Phantom Stock Holdings

Minerals Technologies Inc. Director Carolyn K. Pittman reported an acquisition of 37.698 phantom stock units, increasing her total beneficial ownership to 18,456.213 units.

Summary

• Carolyn K. Pittman, a Director of Minerals Technologies Inc. (MTX), acquired 37.698 phantom stock units.
• The transaction occurred on December 4, 2025, and was reported on December 8, 2025.
• Following this acquisition, Ms. Pittman's total beneficial ownership of phantom stock units stands at 18,456.213.
• These phantom stock units are the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
• The units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• The phantom stock units are to be settled in cash upon Ms. Pittman's termination of service as a director.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase or sale plan.

Sentiment

Score: 7

Explanation: The acquisition of phantom stock units by a director, particularly as part of a compensation plan and under a 10b5-1 plan, is generally viewed positively as it increases alignment between management and shareholder interests, signaling confidence in the company's future.

Positives

• Director Carolyn K. Pittman increased her beneficial ownership in Minerals Technologies Inc. through the acquisition of 37.698 phantom stock units.
• The acquisition of phantom stock units, as part of a compensation plan, aligns the director's financial interests with the long-term performance of Minerals Technologies Inc. Common Stock.
• The transaction was conducted under a Rule 10b5-1 plan, which suggests a pre-scheduled and systematic approach to insider transactions.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 37.698 phantom stock units by Director Carolyn K. Pittman on December 4, 2025, under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors. This represents compensation provided to a related party (a director).

Stakeholder Impact

• Shareholders: The increase in director's beneficial ownership through phantom stock units enhances alignment between the director's financial interests and shareholder value.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

Minerals Technologies Inc., MTX, Carolyn K. Pittman, Form 4, Insider Transaction, Phantom Stock Units, Director Compensation, Beneficial Ownership, Rule 10b5-1 Plan