Form 4: Matson EVP Angoco Reports Share Transactions

Matson's Executive Vice President, Vic S. Angoco Jr., reported the acquisition of 9,932 common shares and the disposition of 6,138 shares for tax withholding purposes.

Summary

• Vic S. Angoco Jr., Executive Vice President of Matson, Inc. (MATX), reported several transactions involving the company's common stock.
• On January 24, 2026, 364 shares of common stock were disposed of at a price of $158.94 to cover tax withholding obligations related to the vesting of restricted stock units.
• On January 25, 2026, 9,932 shares of common stock were acquired at a price of $0.0000, resulting from the satisfaction of performance criteria for previously granted Performance Shares.
• Also on January 25, 2026, a total of 5,774 shares (673 shares and 5,101 shares) were disposed of at a price of $158.94 to cover tax withholding obligations arising from the vesting of Performance Shares.
• Following these transactions, Vic S. Angoco Jr. beneficially owns 20,989 shares of Matson, Inc. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While there are dispositions for tax, the underlying reason for the acquisition of a significant number of shares is the successful vesting of performance-based awards, indicating achievement of company goals by the executive.

Positives

• The acquisition of 9,932 shares of common stock indicates the successful satisfaction of performance criteria for Performance Shares, reflecting positive executive performance.

Negatives

• A total of 6,138 shares of common stock were disposed of to cover tax withholding obligations, which is a reduction in direct beneficial ownership.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions, common across all publicly traded companies, and does not provide specific industry context.

Stakeholder Impact

• Shareholders: The filing provides transparency into executive compensation and insider ownership, which can influence investor confidence. The net increase in shares held by the EVP, despite tax sales, could be viewed positively.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation (vesting of performance shares and tax withholding). It does not provide new fundamental information about Matson, Inc.'s operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals.

Keywords

Matson, MATX, Insider Transaction, Form 4, Executive Compensation, Restricted Stock Units, Performance Shares, Stock Vesting, Tax Withholding