MINERALS TECHNOLOGIES INC·4

Jun 22, 3:06 PM ET

JOHNSON KRISTINA M 4

Research Summary

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Minerals Technologies (MTX) Director Kristina M. Johnson Receives Award

What Happened
Kristina M. Johnson, a director of Minerals Technologies Inc. (MTX), received an award of 9.135 phantom stock units on June 18, 2026. The units were granted at $0.00 per unit (no cash exchanged at grant) and are recorded as a derivative award rather than an acquisition of actual shares.

Key Details

  • Transaction date: 2026-06-18; Form 4 filed: 2026-06-22. (No late‑filing flag provided in the reported data.)
  • Transaction type/code: Award/Grant (A) — 9.135 phantom stock units @ $0.00.
  • Reported value at grant: $0 (phantom units represent economic value but no immediate purchase price).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes:
    • F1: Each phantom stock unit equals the economic equivalent of one share of MTX common stock.
    • F2: Units were accrued under the Minerals Technologies Non‑Funded Deferred Compensation and Unit Award Plan for Non‑Employee Directors and will be settled in cash when the director leaves service.

Context
This was an equity‑linked compensation award (cash‑settled phantom units) for a non‑employee director — a routine form of director compensation rather than an open‑market purchase or sale. Phantom units track the value of common stock but are settled in cash upon termination of service, so they do not immediately change the insider’s actual shareholdings.