ALDAG ERIK 4
Research Summary
AI-generated summary
Minerals Technologies (MTX) CFO Erik Aldag Receives Equity Awards
What Happened
- Erik Aldag, SVP Finance & Treasury and Chief Financial Officer of Minerals Technologies Inc. (MTX), received equity awards on January 20, 2026: 8,557 Deferred Restricted Stock Units (DRSUs) and 7,349 stock options. Both grants are reported at $0.00 (award/grant code A in the filing), i.e., these are compensation awards rather than open-market purchases or sales.
Key Details
- Transaction date: January 20, 2026; Filing date: January 22, 2026 (appears timely).
- Reported price: $0.00 (award/grant).
- Instruments granted: 8,557 DRSUs and 7,349 stock options.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnotes from the filing:
- F1: Each DRSU is the economic equivalent of one share of common stock.
- F2: DRSUs were granted Jan 20, 2026 and vest in three equal annual installments beginning Jan 20, 2027.
- F3: Options were granted Jan 20, 2026 and vest in three equal annual installments beginning Jan 20, 2027.
- Transaction code: A = Award/Grant.
Context
- DRSUs are deferred equity awards that typically convert to stock (or cash equivalent) upon vesting; these DRSUs give Aldag economic exposure similar to holding shares once vested. The granted stock options will require exercise (and may have an exercise price not specified in the supplied filing) after vesting to obtain shares.
- This is an executive compensation grant intended for retention/incentive and is not a market purchase or sale—such awards are common and do not by themselves indicate immediate buying or selling sentiment.