ROBINSON MARC E 4
4 · MINERALS TECHNOLOGIES INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Minerals Technologies (MTX) Director Marc Robinson Receives 44.39-Unit Award
What Happened
Marc E. Robinson, a director of Minerals Technologies Inc. (MTX), was granted 44.39 phantom stock units on March 6, 2026. The units were reported as an award (transaction code A) at a $0.00 acquisition price and are recorded as a derivative award rather than an open-market purchase. The filing does not state a cash value for the grant.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (timely filing).
- Instrument: 44.39 phantom stock units (derivative award), acquisition price reported as $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: The units are economic equivalents of one share each and were accrued under the company’s Non‑Funded Deferred Compensation and Unit Award Plan for Non‑Employee Directors; they are to be settled in cash upon the director’s termination of service.
- Transaction type: Award/Grant (A) — routine director compensation, not a purchase or sale.
Context
Grants of phantom stock units to non-employee directors are common as part of deferred compensation and are typically cash‑settled upon departure; they do not represent an immediate open‑market buy or sale and therefore should not be read as a direct bullish or bearish trading signal. The award increases the director’s economic exposure to the company’s stock performance, but no immediate share issuance or cash value was reported.
Insider Transaction Report
- Award
PHANTOM STOCK UNITS
[F1][F2]2026-03-06+44.39→ 24,965.443 total→ COMMON STOCK (44.39 underlying)
Footnotes (2)
- [F1]Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.
- [F2]The phantom stock units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and are to be settled in cash upon the reporting person's termination of service as a director.