Breunig Joseph C. 4

What Happened
Joseph C. Breunig, a director of Minerals Technologies Inc., received an award of 34.89 phantom stock units on 2026-03-06. The grant is reported as an Award/Grant (code A) at $0.00 per unit (derivative); the filing reports the units (not actual shares) as the economic equivalent of 34.89 shares.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within the normal reporting window).
• Reported transaction: 34.89 phantom stock units @ $0.00 (derivative award).
• Shares (or units) owned after transaction: Not specified in the Form 4.
• Footnotes: F1 — each phantom stock unit equals the economic equivalent of one common share; F2 — units were accrued under the Non‑Funded Deferred Compensation and Unit Award Plan for Non‑Employee Directors and will be settled in cash when the director’s service ends.
• This is a deferred, cash‑settled award (derivative), not a purchase of issued shares.

Context
Grants of phantom units to non‑employee directors are commonly used as deferred compensation and are typically settled in cash upon departure; they do not immediately change outstanding share count or convey issued share voting rights. Because this is an award (not a purchase or sale), it should be viewed as routine director compensation rather than a direct market sentiment signal.