Form 4: MTX SVP Hastings Reports Stock Transactions

Minerals Technologies Inc. Senior Vice President Jonathan J. Hastings reported recent acquisitions of common stock through vesting of deferred restricted stock units and subsequent tax-related dispositions.

Summary

• Jonathan J. Hastings, Senior Vice President of Minerals Technologies Inc. (MTX), reported changes in his beneficial ownership of company stock.
• On January 23, 2026, Hastings acquired 3,113 shares of common stock through the vesting of Deferred Restricted Stock Units (DRSUs) and simultaneously disposed of 1,354 shares at $68.77 to cover tax withholding obligations.
• On January 26, 2026, he acquired an additional 3,051 shares of common stock from DRSU vesting and disposed of 1,327 shares at $68.89 for tax withholding.
• Following these transactions, Hastings directly beneficially owns 63,811 shares of common stock and indirectly owns 2,932.333 shares through a 401(k) plan.
• The DRSUs that vested on January 23, 2026, were originally granted on January 23, 2024, and vest in three equal annual installments.
• The DRSUs that vested on January 26, 2026, were originally granted on January 24, 2023, and vest in three equal annual installments.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The transactions are routine for executive compensation, reflecting vesting of equity awards. The executive maintains a significant stake, which is generally positive for shareholder alignment, despite tax-related dispositions.

Positives

• The acquisition of shares through vesting indicates the executive's continued equity stake in the company, aligning interests with shareholders.
• The transactions are routine for executive compensation, reflecting the vesting schedule of previously granted equity awards.

Negatives

• The disposition of shares to cover tax withholding reduces the executive's direct beneficial ownership, though this is a standard practice.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details routine executive compensation transactions and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The transactions reflect routine executive compensation, aligning management's interests with shareholders through equity ownership, though some shares were sold for tax purposes.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation transactions, specifically the vesting of deferred restricted stock units and subsequent tax-related dispositions. Such transactions are standard and do not typically indicate a change in the company's fundamental outlook or performance. The executive maintains a substantial equity stake, which is a positive for aligning interests. Therefore, based solely on this filing, a 'hold' recommendation is appropriate as there is no new information to warrant a change in investment thesis.

Keywords

Minerals Technologies Inc., MTX, Form 4, Insider Trading, Stock Transactions, Jonathan J. Hastings, Deferred Restricted Stock Units, DRSU, Equity Compensation, Executive Ownership