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

What Happened

• Kristina M. Johnson, a director of Minerals Technologies Inc. (MTX), was granted 10.03 phantom stock units on 2026-09-04. The units were awarded at $0.00 (no cash purchase) and are reported as derivative awards rather than share purchases or sales. The filing does not state a cash value; the economic value will depend on MTX common stock price when units are settled.

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-09 (appears to be later than the typical 2-business-day Form 4 deadline).
• Award: 10.03 phantom stock units, price reported $0.00 (code A — grant/award).
• Shares/units owned after transaction: not specified in the filing.
• Footnote summary: F1 — each phantom stock unit equals the economic equivalent of one share of MTX common stock; F2 — units were accrued under the Non‑Funded Deferred Compensation and Unit Award Plan for Non‑Employee Directors and will be settled in cash upon the director’s termination of service.
• Filing accession: 0000891014-26-000175.

Context

• Phantom stock units are a form of deferred compensation that mirror share value but are typically paid in cash when a director leaves service; they do not represent immediate ownership of company stock and are not a direct buy/sell signal. The late filing may be a reporting compliance issue but does not by itself indicate trading intent.