DIETRICH DOUGLAS T 4
Accession 0000891014-26-000013
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 1:42 PM ET
Size
7.5 KB
Accession
0000891014-26-000013
Research Summary
AI-generated summary of this filing
Minerals Technologies (MTX) CEO Douglas Dietrich Receives Awards
What Happened
Douglas T. Dietrich, Chairman and CEO of Minerals Technologies Inc. (MTX), received two derivative equity awards on January 20, 2026 totaling 72,494 units. The filings show awards of 39,000 and 33,494 derivative units at $0.00 per unit (grant value recorded as $0 in the Form 4). These awards are grants (not open‑market purchases or sales) and do not reflect an immediate cash transaction or sale.
Key Details
- Transaction date: January 20, 2026; Form 4 filed January 22, 2026 (appears timely).
- Awarded units: 39,000 and 33,494 derivative units (total 72,494).
- Reported price: $0.00 per unit (standard for grants/awards at issuance).
- Footnotes: DRSUs are economically equivalent to one share each; DRSUs and options were granted Jan 20, 2026 and vest in three equal annual installments beginning Jan 20, 2027. (One award group are DRSUs; the other are stock options.)
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Transaction code: A = Award/Grant (derivative instruments). No exercise or sale occurred.
Context
These are time‑based equity awards that vest over three years (one third per year starting Jan 20, 2027). DRSUs convert to the economic equivalent of shares when vested (usually delivered as shares or settled in cash per company plan), while the stock options provide the right to buy shares in the future subject to vesting and plan terms. Because these are grants rather than purchases or sales, they reflect compensation/retention arrangements rather than an immediate insider buy/sell signal.
Insider Transaction Report
- Award
Deferred Restricted Stock Units (DRSUs)
[F1][F2]2026-01-20+39,000→ 102,253 total→ Common Stock (39,000 underlying) - Award
Employee Stock Option (Right to Buy)
[F3]2026-01-20+33,494→ 33,494 totalExercise: $66.23Exp: 2036-01-20→ Common Stock (33,494 underlying)
Footnotes (3)
- [F1]Each DRSU is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- [F2]The DRSUs were granted on January 20, 2026 and vest in three equal annual installments beginning on January 20, 2027.
- [F3]These options were granted on January 20, 2026 and vest in three equal annual installments beginning on January 20, 2027.
Signature
Documents
Issuer
MINERALS TECHNOLOGIES INC
CIK 0000891014
Related Parties
1- filerCIK 0001408736
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 1:42 PM ET
- Size
- 7.5 KB