Form 4: Matson EVP Sells Shares for Tax Obligations

Matson's EVP & Chief Commercial Officer, John P. Lauer, disposed of 429 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• John P. Lauer, Matson, Inc.'s EVP & Chief Commercial Officer, reported a disposition of common stock.
• The transaction involved 429 shares of Matson Common Stock.
• The shares were disposed of on January 22, 2026, at a price of $160.3 per share.
• This disposition was specifically to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
• Following this transaction, John P. Lauer beneficially owns 27,011 shares of Matson Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. This type of transaction is neutral and does not reflect positive or negative sentiment regarding the company's performance or future prospects.

Positives

• The transaction is a non-discretionary sale to cover tax obligations, indicating a routine event rather than a change in executive sentiment towards the company.
• The executive continues to hold a significant number of shares (27,011), demonstrating continued alignment with shareholder interests.

Negatives

• No specific negatives are indicated by this routine tax-related transaction.

Risks

• No new risks are introduced or highlighted by this specific Form 4 filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Matson, Inc.'s future outlook.

Industry Context

This routine insider transaction for tax purposes does not provide specific insights into broader industry trends or competitive landscape for the shipping and logistics sector in which Matson operates. It is a standard event related to executive compensation.

Comparison to Industry Standards

• This filing details a standard executive compensation-related transaction (shares withheld for tax upon RSU vesting), which is a common practice across publicly traded companies.
• It does not provide performance metrics that can be directly compared to industry benchmarks or specific competitors like A.P. Møller – Mærsk, Hapag-Lloyd, or ZIM Integrated Shipping Services.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in executive confidence or company fundamentals.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Matson, MATX, Form 4, Insider Transaction, Executive Compensation, Stock Sale, Tax Withholding, Restricted Stock Units, Corporate Governance