Form 4: Matson CEO Matthew Cox Executes Planned Stock Sale
Statement of Changes in Beneficial Ownership
Matson, Inc. Chairman and CEO Matthew J. Cox sold 10,000 shares of common stock pursuant to a pre-established Rule 10b5-1 trading plan.
Summary
- Chairman and CEO Matthew J. Cox sold a total of 10,000 shares of Matson, Inc. (MATX) common stock on June 8, 2026.
- The sales were executed in five separate tranches at weighted average prices ranging from $186.13 to $191.10 per share.
- Following these transactions, the reporting person retains beneficial ownership of 259,296 shares of common stock.
- The transactions were conducted under a Rule 10b5-1 trading plan adopted on March 9, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted via a pre-arranged plan and does not reflect discretionary trading based on non-public information.
Positives
- The sale was executed under a pre-planned Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.
Negatives
- The transaction represents a reduction in the direct equity stake held by the company's Chairman and CEO.
Risks
- None identified in this filing.
Future Outlook
No forward-looking guidance or operational outlook provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales under 10b5-1 plans are routine corporate governance events and generally do not signal a change in company fundamentals or management sentiment regarding the firm's long-term prospects.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for executives at major publicly traded companies to manage personal liquidity while maintaining regulatory compliance.
Stakeholder Impact
- Minimal impact expected as the sale was pre-planned and represents a small portion of the CEO's total holdings.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 2026-03-09 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-06-08 | Date of the reported stock transactions. |
Keywords
Matson, MATX, Insider Trading, Form 4, Matthew Cox, Stock Sale, Rule 10b5-1
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