MTX - Insider Decision Unfolding At Minerals Technologies: Michael Cipolla Exercises Options | Benzinga
Highlighted on January 25, it was unveiled in an SEC filing that Cipolla, Vice President at Minerals Technologies (NYSE:MTX), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Cipolla, Vice President at Minerals Technologies, a company in the Materials sector, just exercised stock options worth 0 shares of MTX stock with an exercise price of $0.0.
During Friday's morning session, Minerals Technologies shares down by 0.0%, currently priced at $66.07. Considering the current price, Cipolla's 0 shares have a total value of $0.
About Minerals Technologies
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Unraveling the Financial Story of Minerals Technologies
Positive Revenue Trend: Examining Minerals Technologies's financials over 3 months reveals a positive narrative. ...