Hastings Jonathan J 4

What Happened

• Jonathan J. Hastings, Senior Vice President of Minerals Technologies (MTX), had 2,788 deferred restricted stock units (DRSUs) convert to common shares on Jan 21, 2026. The filing shows 1,318 of those shares were withheld to satisfy tax withholding obligations (valued at $66.92 each, total $88,201), leaving a net 1,470 shares delivered to Hastings. The DRSU conversion/exercise entries are reported at $0.00 per share because these were award units converting to stock rather than an option purchase.

Key Details

• Transaction date: January 21, 2026; Form 4 filed January 23, 2026 (timely).
• Vesting/conversion: 2,788 DRSUs converted to shares (recorded as derivative exercise/conversion).
• Tax withholding: 1,318 shares withheld at $66.92/share → $88,201 paid to cover taxes.
• Net shares received from this vesting: 1,470 shares.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 = shares withheld to satisfy tax withholding; F3 = each DRSU = economic equivalent of one share; F4 = DRSUs were granted 1/21/2025 and vest in three equal annual installments beginning 1/21/2026.

Context

• This was a standard vesting/conversion of DRSUs with shares withheld to cover taxes (a common, routine form of “cashless” settlement). It is not an open‑market buy or sale that signals a direct market purchase or disposition; rather, it reflects compensation vesting and tax withholding. The Form 4 was filed within the normal reporting window.