Form 4: Matson EVP Sells Shares for Tax Obligations

Matson's Executive Vice President, Vic S. Angoco Jr., disposed of 307 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Vic S. Angoco Jr., Executive Vice President of Matson, Inc. (MATX), reported a transaction involving the company's common stock.
• On January 22, 2026, Mr. Angoco disposed of 307 shares of Matson Common Stock.
• The disposal was made at a price of $160.3 per share.
• This transaction was executed to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
• Following this transaction, Mr. Angoco beneficially owns 17,195 shares of Matson Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposal of shares to cover tax obligations related to executive compensation, which is a common and expected event. It does not reflect a change in company fundamentals or a discretionary sale by the executive.

Positives

• The vesting of restricted stock units, which led to the tax withholding, indicates the fulfillment of compensation terms for the executive.

Negatives

• N/A

Risks

• N/A

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: Minimal direct impact as the transaction involves a small number of shares and is a routine, non-discretionary event related to executive compensation.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are common and do not typically signal a change in the company's fundamental outlook or the executive's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

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