A large exercise of company stock options by Douglas T Dietrich, Chairman and CEO at Minerals Technologies (NYSE:MTX) was disclosed in a new SEC filing on January 25, as part of an insider exercise.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Dietrich, Chairman and CEO at Minerals Technologies in the Materials sector, exercised stock options for 0 shares of MTX stock. The exercise price of the options was $0.0 per share.
Minerals Technologies shares are trading, exhibiting down of 0.0% and priced at $66.07 during Friday's morning. This values Dietrich's 0 shares at $0.
All You Need to Know 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.
Minerals Technologies's Economic Impact: An Analysis
Revenue Growth: Minerals Technologies displayed positive results in 3 months. As of 30 September, 2023, the company ...