secwatch.observer — SEC 8-K summary
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Issuer:     MINERALS TECHNOLOGIES INC (MTX)
CIK:        0000891014
Form:       8-K
Filed at:   2026-06-29T21:02:35+00:00
Accession:  0000891014-26-000155
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MTI files Chapter 11 plan for BMI OldCo, records $290M charge, proposes $450M talc trust
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- Files Plan of Reorganization in BMI OldCo Chapter 11 cases per court deadline.
- Proposes $450M Talc Personal Injury Trust funded by non-debtor affiliates.
- MTI to record $290M charge in Q2 2026 to increase reserve for estimated costs.
- Waiver of over $100M in claims against Debtors by non-debtor affiliates.
- District Court to decide if BMI OldCo talc contained sufficient asbestos to cause disease.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891014/000089101426000155/0000891014-26-000155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891014/000089101426000155/mtx-20260629.htm
  HTML page:      https://secwatch.observer/filing/0000891014-26-000155

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