Form 4: Robert L. Clark, Minerals Technologies Inc. Director, Reports Acquisition of Phantom Stock Units

Director Robert L. Clark reports acquisition of 2,500 phantom stock units in Minerals Technologies Inc.

Summary

• Robert L. Clark, a director of Minerals Technologies Inc. (MTX), filed a Form 4 to report changes in beneficial ownership.
• The report indicates that Clark acquired 2,500 phantom stock units on May 14, 2025.
• These phantom stock units are the economic equivalent of common stock in Minerals Technologies Inc.
• The units were accrued under the company's Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors.
• The phantom stock units will be settled in cash upon Clark's termination of service as a director.
• Following the reported transaction, Clark beneficially owns 31,505.036 shares of common stock directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine transactions and compensation practices.

Future Outlook

The phantom stock units will be settled in cash upon the reporting person's termination of service as a director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued stake in the company's performance.

Stakeholder Impact

• The acquisition of phantom stock units by a director aligns their interests with those of the shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

Keywords

Form 4, beneficial ownership, phantom stock units, director, Minerals Technologies Inc., MTX, Robert L. Clark