Form 4: Matson CEO Sells Shares for Tax Obligations
Insider Transaction Report
Matson, Inc. Chairman and CEO Matthew J. Cox disposed of 2,222 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Matthew J. Cox, Chairman and CEO of Matson, Inc. (MATX), reported a transaction involving the company's common stock.
- On January 22, 2026, Mr. Cox disposed of 2,222 shares of Matson common stock.
- The transaction was executed at a price of $160.3 per share.
- This disposal was specifically to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
- Following this transaction, Mr. Cox beneficially owns 244,990 shares of Matson common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax purposes, which is neutral in sentiment and does not indicate a change in management's outlook or company performance.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal to no direct impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Date of transaction where common stock was disposed of. |
| 01/23/2026 | Date the Form 4 was signed by Matthew J. Cox. |
Keywords
Matson, MATX, Form 4, Insider Transaction, Stock Sale, CEO, Tax Withholding, Restricted Stock Units
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