CUTLER ERIN 4
Research Summary
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Minerals Technologies (MTX) VP Erin Cutler Receives DRSUs and Stock Options
What Happened Erin Cutler, Vice President, Human Resources at Minerals Technologies Inc. (MTX), received two equity awards on January 20, 2026: 4,457 DRSUs and 3,828 stock options. Both awards are recorded as acquisitions at $0.00 (award/derivative grants), so no cash was paid. These awards are compensation grants rather than open-market purchases or sales.
Key Details
- Transaction date: January 20, 2026; filed on January 22, 2026 (filed within the typical 2-business-day Form 4 window).
- Reported amounts: 4,457 DRSUs and 3,828 stock options; each reported at $0.00 (award).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes of note:
- F1: Each DRSU is the economic equivalent of one share of MTX common stock.
- F2: The DRSUs vest in three equal annual installments beginning January 20, 2027.
- F3: The stock options vest in three equal annual installments beginning January 20, 2027.
- Transaction code: A (award/grant); these are derivative awards, not immediate sales/purchases.
Context DRSUs represent the right to receive the economic value (typically shares) upon vesting and are commonly used for executive and officer compensation. Stock options will only convert to shares if exercised after vesting and subject to their exercise price and other plan terms (the filing does not disclose an exercise price). Grants like these are compensation-related and do not by themselves indicate the insider is buying or selling stock for investment purposes.