Form 4: MTX Senior VP Hastings Reports Equity Transactions

Minerals Technologies Senior Vice President Jonathan J. Hastings reported the acquisition of 2,788 common shares from vested equity awards and the sale of 1,318 shares for tax obligations.

Summary

• Jonathan J. Hastings, Senior Vice President of Minerals Technologies Inc. (MTX), reported transactions involving the company's common stock.
• On January 21, 2026, Hastings acquired 2,788 shares of common stock through the exercise/conversion of Deferred Restricted Stock Units (DRSUs) at a price of $0.
• Concurrently, 1,318 shares of common stock were disposed of to satisfy tax withholding obligations related to the equity award, at a price of $66.92 per share.
• Following these transactions, Hastings directly beneficially owns 60,328 shares of common stock.
• Additionally, Hastings indirectly beneficially owns 2,932.333 shares of common stock through a 401(k) plan.
• The DRSUs were granted on January 21, 2025, and vest in three equal annual installments, with the first installment vesting on January 21, 2026.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to equity compensation and tax withholding, which are standard and generally do not indicate a significant positive or negative shift in company fundamentals or executive sentiment.

Positives

• The vesting of 2,788 Deferred Restricted Stock Units (DRSUs) indicates the realization of equity compensation for the Senior Vice President, aligning management's interests with shareholders.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged and systematic approach to equity transactions.

Negatives

• A portion of the acquired shares (1,318 shares) was sold to cover tax withholding obligations, which is a standard practice but reduces the direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Next Steps

• Future annual installments of the Deferred Restricted Stock Units (DRSUs) will vest on January 21 of subsequent years, as they vest in three equal annual installments.

Key Dates

Keywords

Minerals Technologies Inc., MTX, Form 4, Insider Trading, Equity Compensation, Deferred Restricted Stock Units, DRSUs, Common Stock, Beneficial Ownership, Rule 10b5-1