Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-20

Minerals Technologies (MTX)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,405,693
Douglas Dietrich total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
96.25%
Say-on-pay support, latest vote
Companies that benchmark against MTX
10 companies name MTX as a compensation peer

Each company listed discloses MTX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MTX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Douglas Dietrich$1,050,000$0$2,310,022$768,803$2,891,160$319,549$66,159$7,405,693
Chairman of the Board and Chief Executive Officer
Brett Argirakis672,5040716,538238,481910,213408,33652,9062,998,978
Group President, Engineered Solutions
D.J. Monagle III701,6340804,033267,600903,685191,02453,9412,921,917
Group President, Consumer & Specialties
Jonathan Hastings652,2920641,784213,586915,927052,1632,475,752
Senior Vice President, Strategy and M&A
Erik Aldag567,1730516,758172,005661,286042,6261,959,848
Senior Vice President, Finance and Treasury, Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Douglas Dietrich$7,405,693
Brett Argirakis2,998,978
D.J. Monagle III2,921,917
Jonathan Hastings2,475,752
Erik Aldag1,959,848

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
D.J. Monagle IIIRSU2025-01-2110,476$804,033
D.J. Monagle IIIOPTION2025-01-218,997267,600
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
D.J. Monagle III$804,033$0$267,6000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas DietrichRSU63,253$3,855,270
D.J. Monagle IIIRSU21,5841,315,545
Brett ArgirakisRSU18,5021,127,697
Jonathan HastingsRSU17,6391,075,097
Erik AldagRSU13,059795,946
Douglas DietrichOption19,10666.08
Douglas DietrichOption18,92166.72
Douglas DietrichOption25,84876.75
Erik AldagOption3,16266.08
Erik AldagOption3,85266.72
Erik AldagOption5,78376.75
D.J. Monagle IIIOption6,04466.08
D.J. Monagle IIIOption6,21866.72
D.J. Monagle IIIOption8,99776.75
Brett ArgirakisOption4,58966.08
Brett ArgirakisOption5,57866.72
Brett ArgirakisOption8,01876.75
Jonathan HastingsOption5,24166.08
Jonathan HastingsOption5,34666.72
Jonathan HastingsOption7,18176.75
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2028,298,5801,102,03176,98396.25%Passed
20252025-05-1423,488,8296,242,16825,13379%Passed
20242024-05-1523,588,3386,278,62518,35778.98%Passed
20222022-05-1829,182,9392,206,51722,57692.97%Passed
20212021-05-1930,132,6102,168,92322,39593.29%Passed
20202020-05-1329,685,7682,490,56225,06292.26%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2096.25%a
20252025-05-1479%b
20242024-05-1578.98%c

a. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, or the advisory vote to approve 2025 named executive officer compensation.”.

b. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, or the advisory vote to approve 2024 named executive officer compensation.”.

c. Approved under the standard stated in the filing — “Similarly, abstentions will be included in the calculation of the number of votes considered to be present for purposes of determining a quorum, but will have no effect on the outcome of the election of directors, the ratification of the appointment of our independent auditor, the advisory vote to approve 2023 named executive officer compensation, or the proposal to approve the amendment of the 2015 Stock Award and Incentive Plan.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert L. ClarkIndependent · Lead Independent Director · Audit · Compensation$130,000$145,000$13,918$288,918
Marc E. RobinsonIndependent · Nominating/Governance · Audit (Chair) · Compensation117,500145,00010,888273,388
John J. CarmolaIndependent · Audit · Compensation (Chair)112,500145,00011,352268,852
Joseph C. BreunigIndependent · Nominating/Governance (Chair) · Compensation110,000145,0008,499263,499
Franklin L. FederIndependent · Audit · Compensation · Corporate Governance and Nominating Committee97,500145,0009,744252,244
Carolyn K. PittmanIndependent · Nominating/Governance · Audit · Compensation97,500145,0007,939250,439
Alison A. DeansIndependent · Nominating/Governance · Audit · Compensation95,000145,0006,628246,628
Rocky MotwaniIndependent · Audit · Compensation97,500145,0002,491244,991
Kristina M. JohnsonIndependent · Nominating/Governance · Audit · Compensation97,500145,0001,550244,050
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$145,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 22,500 / 22,500
Stock ownership guideline$400,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$955,000
Equity awards (grant-date value)$1,305,000
All other compensation$73,009
Total cost of the board$2,333,009

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Minerals Technologies2025Douglas Dietrich$1,050,000$2,310,022$768,803$2,891,160$7,405,693

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Douglas DietrichDEF 14A2026-04-020001104659-26-039205Section “Summary Compensation Table — 2025”. As printed: 7,405,693. Filing ↗machine: r2 · c48 · span 1633829–1633838
2Section 01, Brett ArgirakisDEF 14A2026-04-020001104659-26-039205Section “Summary Compensation Table — 2025”. As printed: 2,998,978. Filing ↗machine: r11 · c48 · span 1692263–1692272
3Section 01, D.J. Monagle IIIDEF 14A2026-04-020001104659-26-039205Section “Summary Compensation Table — 2025”. As printed: 2,921,917. Filing ↗machine: r8 · c48 · span 1672809–1672818
4Section 01, Jonathan HastingsDEF 14A2026-04-020001104659-26-039205Section “Summary Compensation Table — 2025”. As printed: 2,475,752. Filing ↗machine: r14 · c48 · span 1711742–1711751
5Section 01, Erik AldagDEF 14A2026-04-020001104659-26-039205Section “Summary Compensation Table — 2025”. As printed: 1,959,848. Filing ↗machine: r5 · c48 · span 1653373–1653382
6Section 03, D.J. Monagle III RSUDEF 14A2026-04-020001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1668876–1668883
7Section 03, D.J. Monagle III OPTIONDEF 14A2026-04-020001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1669678–1669685
8Section 08, Robert L. ClarkDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 288,918. Filing ↗machine: span 828115–828122
9Section 08, Marc E. RobinsonDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 273,388. Filing ↗machine: span 849753–849760
10Section 08, John J. CarmolaDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 268,852. Filing ↗machine: span 824553–824560
11Section 08, Joseph C. BreunigDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 263,499. Filing ↗machine: span 820990–820997
12Section 08, Franklin L. FederDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 252,244. Filing ↗machine: span 835365–835372
13Section 08, Carolyn K. PittmanDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 250,439. Filing ↗machine: span 846178–846185
14Section 08, Alison A. DeansDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 246,628. Filing ↗machine: span 831675–831682
15Section 08, Rocky MotwaniDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 244,991. Filing ↗machine: span 842487–842494
16Section 08, Kristina M. JohnsonDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 244,050. Filing ↗machine: span 838929–838936
17Section 06, 2026 voteForm 8-K2026-05-200000891014-26-000117Item 5.07 · say-on-pay result. As reported: 96.25% (votes for as printed: 28,298,580). Filing ↗
18Section 06, 2025 voteForm 8-K2025-05-150000891014-25-000057Item 5.07 · say-on-pay result. As reported: 79% (votes for as printed: 23,488,829). Filing ↗
19Section 06, 2024 voteForm 8-K2024-05-160000891014-24-000048Item 5.07 · say-on-pay result. As reported: 78.98% (votes for as printed: 23,588,338). Filing ↗
20Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
21Section 09b board cost (computed)ComputedcomputedCash 955,000 + equity 1,305,000 + all other 73,009 = 2,333,009, summed across the director compensation table rows.machine: formula: Σ = 2,333,009
22Minerals Technologies (subject), Section 10b CEO totalDEF 14A2026-04-020001104659-26-039205CEO total compensation as printed in Minerals Technologies's own proxy. As printed: 7,405,693. Filing ↗machine: r2 · c48 · span 1633829–1633838