MINERALS TECHNOLOGIES INC·4

Jan 22, 1:41 PM ET

JORDAN TIMOTHY 4

Research Summary

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MTX VP Jordan Timothy Receives DRSU & Option Grants

What Happened

  • Jordan Timothy, Vice President of Minerals Technologies Inc. (MTX), received equity awards on January 20, 2026: 7,030 deferred restricted stock units (DRSUs) and 6,038 option-type awards. Both grants are reported at $0.00 per unit (no cash paid). Combined, the grants represent 13,068 share-equivalents as derivative awards tied to company stock and compensation.

Key Details

  • Transaction date: January 20, 2026; Form 4 filed January 22, 2026 (timely filing).
  • Consideration: $0.00 per unit (grant/award designation A — no open-market purchase or sale).
  • Vesting: Both the DRSUs and the option awards vest in three equal annual installments beginning January 20, 2027 (see footnotes F2 and F3).
  • Footnotes: F1 — each DRSU equals the economic equivalent of one share of MTX common stock; F2/F3 — grants vest over three years starting 1/20/2027.
  • Shares owned after transaction: not disclosed in this filing.
  • No 10b5-1 plan, tax-withholding sale, or late filing noted in the report.

Context

  • DRSUs are deferred stock awards that convert to shares (or their cash value) upon vesting; option awards similarly give future equity upside if exercised according to their terms. These are compensation grants, not open-market purchases or sales, and thus are part of routine executive pay rather than an immediate market sentiment signal.