Form 4: Matson Director Thomas Fargo Sells 6,500 Shares of Common Stock

Director Thomas Fargo sold 6,500 shares of Matson, Inc. common stock at an average price of $113.37 on February 26, 2024.

Summary

• On February 26, 2024, Thomas Fargo, a director of Matson, Inc., sold 6,500 shares of the company's common stock.
• The sale was executed at a weighted average price of $113.37 per share, with individual trades ranging from $113.321 to $113.416.
• Following the transaction, Fargo directly owns 27,615.2022 shares of Matson, Inc., which includes shares acquired through a Dividend Reinvestment Program.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a standard insider transaction. The sale itself doesn't inherently indicate positive or negative sentiment, but rather a personal financial decision by the director.

Industry Context

Insider transactions are routinely monitored and reported to the SEC. While a sale doesn't necessarily indicate a negative outlook, it's a data point investors consider.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the director's decision to sell shares.

Key Dates