JORDAN TIMOTHY 4

What Happened Timothy Jordan, Vice President of Minerals Technologies Inc. (MTX), had Deferred Restricted Stock Units (DRSUs) convert into 3,963 shares of common stock across vesting events on Jan 23 and Jan 26, 2026. Of those, 2,039 shares were withheld by the company to satisfy tax withholding obligations (reported as dispositions) — $72,759 withheld on Jan 23 and $67,581 withheld on Jan 26 — leaving a net 1,924 shares issued to him. The conversions are recorded as exercise/conversion of a derivative (code M) with tax withholding (code F).

Key Details

• Transaction dates: Jan 23, 2026 (2,046 DRSUs converted; 1,058 shares withheld for taxes) and Jan 26, 2026 (1,917 DRSUs converted; 981 shares withheld).
• Prices reported: conversion price $0.00 for the derivative entries (typical for unit-to-share conversion); tax-withholding share values reported at $68.77 (1/23) and $68.89 (1/26).
• Cash value withheld for taxes: $72,759 (1/23) + $67,581 (1/26) = $140,340 total.
• Net shares received: 3,963 converted − 2,039 withheld = 1,924 shares issued to Mr. Jordan.
• Footnotes: Withholding was performed by the company to satisfy tax obligations (F1). Report based on a Plan Statement dated Jan 21, 2026 (F2). Each DRSU equals one share (F3). Grants and vesting schedules: one grant dated Jan 23, 2024 (vests in three annual installments beginning Jan 23, 2025) and another dated Jan 24, 2023 (vests in three annual installments beginning Jan 24, 2024) (F4, F5).
• Filing timeliness: Report filed Jan 27, 2026 for transactions dated Jan 23 and Jan 26, 2026; filing appears to be within the required two business days (timely).

Context DRSUs are a form of equity compensation that convert to company shares when they vest; these conversions are not open-market purchases or sales by the insider. The withholding of shares to cover taxes is a routine administrative step (a cashless-like settlement) and should not be read as a separate market sale decision. This filing documents standard vesting and tax-withholding activity rather than an opportunistic buy or sell.