Form 4: Director Stanley Kuriyama Acquires Matson Shares

Matson, Inc. Director Stanley M. Kuriyama acquired 969 restricted stock units as part of the company's 2025 incentive plan.

Summary

• Director Stanley M. Kuriyama was granted 969 restricted stock units (RSUs) on April 23, 2026.
• The grant was issued under the Matson, Inc. 2025 Incentive Compensation Plan.
• The shares have a 100% cliff vesting schedule, occurring on the earlier of the grant date anniversary or the next annual shareholders meeting.
• Following this transaction, the director's total beneficial ownership in Matson, Inc. common stock is 51,436 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding director equity compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Standard incentive compensation structure utilized for board members.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are subject to a 100% cliff vesting schedule, aligning the director's long-term interests with the company's performance until the next annual meeting or grant anniversary.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation, which is standard practice for publicly traded companies to ensure transparency in executive and board-level equity holdings.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard corporate governance practices in the logistics and shipping industry.
• Cliff vesting schedules are a common mechanism used by companies like Matson to retain board members and align incentives.

Corporate Governance

Stakeholder Impact

• Shareholders benefit from the continued alignment of director incentives with long-term company performance.

Next Steps

• Vesting of the 969 restricted stock units on the earlier of the grant anniversary or the next annual shareholders meeting.

Key Dates

Keywords

Matson, MATX, Insider Trading, Form 4, Director Compensation, Restricted Stock Units