FEDER FRANKLIN 4

What Happened

• Feder Franklin, a director of Minerals Technologies Inc. (MTX), was granted 40.867 phantom stock units on 2026-03-06. The units are recorded at $0.00 per unit (award/derivative) and represent deferred compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Filing date: 2026-03-10 (filed within the two-business-day Form 4 window).
• Transaction type/code: A — Award/Grant (derivative phantom stock units).
• Amount: 40.867 phantom stock units; price reported as $0.00; total cash amount at grant = $0.
• Shares/units owned after the transaction: not specified in the filing.
• Footnotes: (1) Each phantom stock unit equals the economic equivalent of one share of MTX common stock. (2) Units were accrued under the company’s Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and will be settled in cash when the director’s service terminates.

Context

• These phantom units are a form of deferred compensation and are cash-settled on termination, so no new common shares were issued to the director. Such awards compensate service rather than signal an immediate buying or selling decision.