Form 4: Matson Executive Holland Boosts Stock Ownership

Matson, Inc. EVP President Jerome James Holland increased his direct beneficial ownership of common stock by 540 shares through performance share vesting and tax-related dispositions.

Summary

• Jerome James Holland, EVP President of Matson Logistics, reported transactions in Matson, Inc. common stock.
• On January 24, 2026, 126 shares of common stock were withheld by Matson, Inc. to cover tax obligations arising from the vesting of previous restricted stock units, at a price of $158.94 per share.
• On January 25, 2026, Holland acquired 1,430 shares of common stock at $0.0000 per share due to the satisfaction of performance criteria for previously granted Performance Shares.
• Also on January 25, 2026, a total of 764 shares (199 shares and 565 shares) of common stock were withheld by Matson, Inc. to cover tax withholding obligations related to the vesting of Performance Shares, both at a price of $158.94 per share.
• Following these transactions, Holland directly beneficially owns 5,374 shares of Matson, Inc. common stock.

Sentiment

Score: 7

Explanation: The filing indicates a net increase in the executive's beneficial ownership of Matson, Inc. common stock, primarily driven by the vesting of performance-based equity awards. While some shares were sold to cover tax obligations, the overall increase suggests the executive is building their stake and that performance criteria were met, which is generally positive.

Positives

• Jerome James Holland acquired 1,430 shares of common stock through the satisfaction of performance criteria for Performance Shares, indicating successful achievement of company goals.
• The net effect of the reported transactions is an increase in Holland's direct beneficial ownership by 540 shares (1,430 acquired minus 890 disposed for tax), aligning executive interests with shareholders.

Negatives

• A total of 890 shares of common stock were disposed of to cover tax withholding obligations related to the vesting of restricted stock units and performance shares.

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This filing reflects routine executive compensation activities, specifically the vesting of equity awards and associated tax withholdings. Such transactions are common across all industries for publicly traded companies and do not inherently indicate broader industry trends or competitive shifts for the shipping and logistics sector.

Comparison to Industry Standards

• NA

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The net increase in executive ownership could be viewed positively as it aligns management's interests with shareholders. The vesting of performance shares suggests company performance targets were met, which benefits shareholders.
• Employees: The vesting of performance shares indicates that company-wide or individual performance goals were achieved, which can be a positive signal for employee morale and future incentive programs.

Next Steps

• NA

Key Dates

Recommendation

The filing details routine executive compensation events, specifically the vesting of equity awards and associated tax sales, resulting in a modest net increase in the executive's direct beneficial ownership. This type of transaction is expected and does not provide new fundamental information about the company's operational performance or strategic direction that would warrant a change in investment recommendation. It primarily reflects the executive's ongoing compensation structure and a slight increase in their personal stake, which is a neutral to slightly positive signal.

Keywords

Matson Inc, MATX, Jerome James Holland, Insider Trading, SEC Form 4, Stock Ownership, Performance Shares, Restricted Stock Units, Executive Compensation