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

Minerals Technologies (MTX)

CEO Douglas Dietrich was paid $7,405,693 in fiscal year 2025, ↓ down 6.3% from fiscal year 2024, the 67th percentile of its disclosed peer group (SEC filing 0001104659-26-039205 ↗): 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
67th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
96.25%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Douglas Dietrich (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $7,405,693 (base salary $1,050,000) [exec_comp, SEC accession 0001104659-26-039205, filed 2026-04-02]

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MTX's next annual pay disclosure, estimated April 2, 2027.est. Filing ↗

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 FY2024→2025
Douglas Dietrich$7,405,693$7,907,030$8,355,252↓ −501,337
Brett Argirakis2,998,9782,927,3592,738,024↑ +71,619
D.J. Monagle III2,921,9173,117,8543,110,799↓ −195,937
Jonathan Hastings2,475,7522,838,9532,689,240↓ −363,201
Erik Aldag1,959,8481,776,8731,525,514↑ +182,975

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

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Companies that benchmark against MTX
23 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.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alison A. DeansIndependent Director$246,628
Carolyn K. PittmanIndependent Director$250,439
Franklin L. FederIndependent Director$252,244
John J. CarmolaIndependent Director$268,852
Joseph C. BreunigIndependent Director$263,499
Kristina M. JohnsonIndependent Director$244,050
Marc E. RobinsonIndependent Director$273,388
Robert L. ClarkLead Independent Director$288,918
Rocky MotwaniIndependent Director$244,991
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
Erik AldagRSU2025-01-21——6,733—$516,758
Brett ArgirakisRSU2025-01-21——9,336—716,538
Douglas DietrichRSU2025-01-21——30,098—2,310,022
Erik AldagOPTION2025-01-21——5,783—172,005
Jonathan HastingsRSU2025-01-21——8,362—641,784
Brett ArgirakisOPTION2025-01-21——8,018—238,481
Douglas DietrichOPTION2025-01-21——25,848—768,803
Jonathan HastingsOPTION2025-01-21——7,181—213,586
D.J. Monagle IIIRSU2025-01-21——10,476—804,033
D.J. Monagle IIIOPTION2025-01-21——8,997—267,600
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Erik Aldag$516,758$0$172,0050.0%
Brett Argirakis716,5380238,4810.0%
Douglas Dietrich2,310,0220768,8030.0%
Jonathan Hastings641,7840213,5860.0%
D.J. Monagle III804,0330267,6000.0%

% 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 DietrichOption18,92166.72—
Douglas DietrichOption19,10666.08—
Brett ArgirakisRSU18,502—1,127,697
Douglas DietrichRSU63,253—3,855,270
Erik AldagRSU13,059—795,946
D.J. Monagle IIIRSU21,584—1,315,545
D.J. Monagle IIIOption6,04466.08—
Jonathan HastingsRSU17,639—1,075,097
Douglas DietrichOption25,84876.75—
Erik AldagOption3,16266.08—
Erik AldagOption3,85266.72—
Erik AldagOption5,78376.75—
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

The Company intends that the levels of compensation available to executive officers who successfully enhance corporate value be competitive with the compensation offered by publicly held companies so that we can successfully attract and retain the high-quality executive talent critical to the long-term success of the Company. Furthermore, we seek to encourage outstanding performance through the opportunity to earn substantially more than target levels of pay for superior performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policytrue
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$130,000$145,000$0—$13,918$288,918
Marc E. RobinsonIndependent · Nominating/Governance · Audit (Chair)117,500145,0000—10,888273,388
John J. CarmolaIndependent · Audit · Compensation (Chair)112,500145,0000—11,352268,852
Joseph C. BreunigIndependent · Nominating/Governance (Chair) · Compensation110,000145,0000—8,499263,499
Franklin L. FederIndependent · Audit · Compensation97,500145,0000—9,744252,244
Carolyn K. PittmanIndependent · Nominating/Governance · Audit97,500145,0000—7,939250,439
Alison A. DeansIndependent · Nominating/Governance · Compensation95,000145,0000—6,628246,628
Rocky MotwaniIndependent · Audit · Compensation97,500145,0000—2,491244,991
Kristina M. JohnsonIndependent · Nominating/Governance · Audit97,500145,0000—1,550244,050
Douglas T. DietrichEmployee director · Board Chair—————0
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$5
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.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Minerals Technologies names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Minerals Technologies.

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
1Element Solutions, Inc.2025Benjamin H. Gliklich$1,087,500$23,688,894$0$1,520,947$26,480,462
2H.B. Fuller Company2025Celeste Mastin1,082,6922,971,9763,025,5381,339,8918,830,569
3Minerals Technologies2025Douglas Dietrich1,050,0002,310,022768,8032,891,1607,405,693
4Avient Corp.2025Ashish Khandpur1,128,2693,763,1590753,7775,818,257
5AdvanSix Inc.2025Erin Kane1,019,7003,747,9000785,4005,647,438
6Rayonier Advanced Materials, Inc.2025De Lyle Bloomquist1,000,0002,649,97501,363,4385,138,573
7Ecovyst, Inc.2025Kurt Bitting750,0003,347,7520804,0004,992,440

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Minerals Technologiesnot disclosednot disclosednot disclosedFW Cook
AdvanSix Inc.not disclosedPSU 50 · RSU 50not disclosednot disclosed
Avient Corp.51.6%not disclosednot disclosednot disclosed
Ecovyst, Inc.not disclosednot disclosednot disclosedWillis Towers Watson
Element Solutions, Inc.126%PSU 67 · RSU 33NoFW Cook
H.B. Fuller Companynot disclosednot disclosednot disclosedWillis Towers Watson US LLC
Rayonier Advanced Materials, Inc.not disclosednot disclosednot disclosedFrederick W. Cook & Co., Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Minerals Technologies in fiscal 2025?
As disclosed, Douglas Dietrich (Chairman of the Board and Chief Executive Officer) was the highest-paid executive at Minerals Technologies in fiscal 2025, with total compensation of $7,405,693.
How does Minerals Technologies's chief executive pay compare to its disclosed peer group?
As disclosed, Douglas Dietrich's total compensation ranked at the 67th percentile of Minerals Technologies's disclosed peer group.
How did shareholders vote on Minerals Technologies's executive compensation?
As disclosed, 96.25% of shareholders supported Minerals Technologies's executive compensation in the latest say-on-pay vote.
How much does Minerals Technologies spend in total on board compensation for fiscal 2025?
As disclosed, Minerals Technologies reported total board compensation of $2,333,009 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Erik Aldag RSUDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1649410–1649417
7Section 03, Brett Argirakis RSUDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1688330–1688337
8Section 03, Douglas Dietrich RSUDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1629862–1629871
9Section 03, Erik Aldag OPTIONDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1650218–1650225
10Section 03, Jonathan Hastings RSUDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1707779–1707786
11Section 03, Brett Argirakis OPTIONDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1689132–1689139
12Section 03, Douglas Dietrich OPTIONDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1630672–1630679
13Section 03, Jonathan Hastings OPTIONDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1708587–1708594
14Section 03, D.J. Monagle III RSUDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1668876–1668883
15Section 03, D.J. Monagle III OPTIONDEF 14A1900-01-010001104659-26-039205Section “Grants of Plan-Based Awards — 2025” · grants of plan-based awards table. Filing ↗machine: span 1669678–1669685
16Section 08, Robert L. ClarkDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 288,918. Filing ↗machine: span 828115–828122
17Section 08, Marc E. RobinsonDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 273,388. Filing ↗machine: span 849753–849760
18Section 08, John J. CarmolaDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 268,852. Filing ↗machine: span 824553–824560
19Section 08, Joseph C. BreunigDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 263,499. Filing ↗machine: span 820990–820997
20Section 08, Franklin L. FederDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 252,244. Filing ↗machine: span 835365–835372
21Section 08, Carolyn K. PittmanDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 250,439. Filing ↗machine: span 846178–846185
22Section 08, Alison A. DeansDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 246,628. Filing ↗machine: span 831675–831682
23Section 08, Rocky MotwaniDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 244,991. Filing ↗machine: span 842487–842494
24Section 08, Kristina M. JohnsonDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 244,050. Filing ↗machine: span 838929–838936
25Section 08, Douglas T. DietrichDEF 14A2026-04-020001104659-26-039205Section “Director Compensation”. As printed: 0. Filing ↗
26Section 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 ↗
27Section 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 ↗
28Section 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 ↗
29Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
31Section 09b board cost (computed)Computed——Cash 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
32Element Solutions, Inc., Section 10b CEO totalDEF 14A2026-03-230001590714-26-000034CEO total compensation as printed in Element Solutions, Inc.'s own proxy. As printed: 26,480,462. Filing ↗machine: r3 · c27 · span 596335–596345
33H.B. Fuller Company, Section 10b CEO totalDEF 14A2026-03-040001437749-26-006811CEO total compensation as printed in H.B. Fuller Company's own proxy. As printed: 8,830,569. Filing ↗machine: r2 · c18 · span 903228–903237
34Minerals 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
35Avient Corp., Section 10b CEO totalDEF 14A2026-03-270001628280-26-021576CEO total compensation as printed in Avient Corp.'s own proxy. As printed: 5,818,257. Filing ↗machine: r2 · c24 · span 748439–748448
36AdvanSix Inc., Section 10b CEO totalDEF 14A2026-04-290001673985-26-000022CEO total compensation as printed in AdvanSix Inc.'s own proxy. As printed: 5,647,438. Filing ↗machine: span 646055–646064
37Rayonier Advanced Materials, Inc., Section 10b CEO totalDEF 14A2026-03-300001140361-26-011995CEO total compensation as printed in Rayonier Advanced Materials, Inc.'s own proxy. As printed: 5,138,573. Filing ↗machine: r2 · c28 · span 1113828–1113837
38Ecovyst, Inc., Section 10b CEO totalDEF 14A2026-04-150001140361-26-014838CEO total compensation as printed in Ecovyst, Inc.'s own proxy. As printed: 4,992,440. Filing ↗machine: r2 · c19 · span 1179272–1179281
39Section 10a, Avient Corp. reciprocityDEF 14A—0001628280-26-021576Avient Corp.'s most recent proxy was read; its disclosed peer group does not include Minerals Technologies. Filing ↗
40Section 10a, AdvanSix Inc. reciprocityDEF 14A—0001673985-26-000022AdvanSix Inc. names Minerals Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Rayonier Advanced Materials, Inc. reciprocityDEF 14A—0001140361-25-011207Rayonier Advanced Materials, Inc. names Minerals Technologies in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Element Solutions, Inc. reciprocityDEF 14A—0001590714-26-000034Element Solutions, Inc.'s most recent proxy was read; its disclosed peer group does not include Minerals Technologies. Filing ↗
43Section 10a, H.B. Fuller Company reciprocityDEF 14A—0001437749-26-006811H.B. Fuller Company's most recent proxy was read; its disclosed peer group does not include Minerals Technologies. Filing ↗
44Section 10a, Ecovyst, Inc. reciprocityDEF 14A—0001140361-26-014838Ecovyst, Inc.'s most recent proxy was read; its disclosed peer group does not include Minerals Technologies. Filing ↗