MINERALS TECHNOLOGIES (MTX) Director John J Carmola Receives Award

What Happened
John J Carmola, a director of Minerals Technologies Inc. (MTX), was granted 46.746 phantom stock units on 2026-09-04. The units were issued at $0.00 (no cash purchase) and are derivative awards rather than actual shares; the filing lists the acquisition value as $0. These units are economic equivalents to one share each and will be settled in cash upon the reporting person's termination of service as a director.

Key Details

• Transaction date: 2026-09-04; Filing date (Form 4): 2026-09-09.
• Transaction type/code: A (Award/Grant of derivative units). Price per unit reported: $0.00. Total reported value: $0.
• Shares/units acquired: 46.746 phantom stock units.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: (F1) each phantom unit equals the economic value of one common share; (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 upon director termination.
• Timeliness: The Form 4 was filed five days after the grant date (outside the typical two-business-day filing window for Form 4s).

Context
Phantom stock units are derivative awards that mirror the economic value of company stock but do not transfer actual shares; they are commonly used for non‑employee director compensation and are paid in cash when the director leaves service. Such grants are routine compensation actions and do not necessarily indicate buying or selling sentiment by the insider.