Director at Minerals Technologies (NYSE: MTX) gets phantom stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FEDER FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.

Minerals Technologies Inc. director Franklin Feder received a grant of 238.871 phantom stock units that track the company’s common stock. These units were awarded under the Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors and increase his phantom balance to 23,222.874 units.

Each phantom stock unit is the economic equivalent of one share of common stock but will be settled in cash, not shares, after his service as a director ends. This is a compensation-related, non-market transaction rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FEDER FRANKLIN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	PHANTOM STOCK UNITS	238.871	$0.00	--

Holdings After Transaction: PHANTOM STOCK UNITS — 23,222.874 shares (Direct)

Footnotes (1)

Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock. 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.

Key Figures

Phantom units granted: 238.871 units Phantom units after grant: 23,222.874 units Economic equivalence: 1 unit = 1 common share +1 more

4 metrics

Phantom units granted 238.871 units Grant of phantom stock units on 2026-04-01

Phantom units after grant 23,222.874 units Total phantom stock units following transaction

Economic equivalence 1 unit = 1 common share Each phantom stock unit mirrors one share of common stock

Settlement terms Cash settlement Units paid in cash upon termination of board service

Key Terms

PHANTOM STOCK UNITS, Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors, economic equivalent, settled in cash

4 terms

PHANTOM STOCK UNITS financial

"Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors financial

"The phantom stock units were accrued under the Minerals Technologies Inc. Non-Funded Deferred Compensation and Unit Award Plan for Non-Employee Directors"

economic equivalent financial

"Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock."

settled in cash financial

"and are to be settled in cash upon the reporting person's termination of service as a director."

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 10:15 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FEDER FRANKLIN

(Last)

(First)

(Middle)

MINERALS TECHNOLOGIES INC.

622 THIRD AVENUE, 38TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MINERALS TECHNOLOGIES INC [ MTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
PHANTOM STOCK UNITS	⁽¹⁾	04/01/2026		A		238.871		⁽²⁾	⁽²⁾	COMMON STOCK	238.871	$0	23,222.874	D

Explanation of Responses:

1. Each phantom stock unit is the economic equivalent of one share of Minerals Technologies Inc. Common Stock.

2. 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.

	TIMOTHY JORDAN FOR FRANKLIN FEDER	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Minerals Technologies (MTX) report for Franklin Feder?

Minerals Technologies reported that director Franklin Feder received 238.871 phantom stock units as a compensation grant. The units mirror the value of common shares and will be paid in cash when his board service ends, not through immediate stock delivery.

How many phantom stock units does Franklin Feder hold at Minerals Technologies (MTX) after this filing?

After this award, Franklin Feder holds 23,222.874 phantom stock units tied to Minerals Technologies common stock. The Form 4 shows the new grant of 238.871 units added to his existing balance, all payable in cash upon his termination as a director.

Are the phantom stock units in the MTX Form 4 equivalent to common shares?

Each phantom stock unit is economically equivalent to one share of Minerals Technologies common stock. They track the stock’s value but do not provide actual share ownership, and they are ultimately settled in cash instead of delivering company stock to the director.

Does the Franklin Feder Form 4 for MTX reflect a stock market purchase or sale?

The filing reflects a compensation grant, not a market trade. Franklin Feder received 238.871 phantom stock units at a stated price of $0.0000 per unit, awarded under a deferred compensation plan rather than through buying or selling shares in the open market.

When will Franklin Feder’s Minerals Technologies phantom stock units be paid out?

The phantom stock units will be settled in cash upon Franklin Feder’s termination of service as a director. Until then, the units remain as deferred compensation that tracks the company’s common stock value without providing current voting or dividend rights like actual shares.