Form 4: Matson Executive Jerome Holland Granted 538 Restricted Stock Units
Insider Transaction Report
Matson, Inc. EVP President, Matson Logistics, Jerome James Holland, was granted 538 shares of common stock as restricted stock units under the company's 2025 Incentive Compensation Plan.
Summary
- Jerome James Holland, EVP President, Matson Logistics, acquired 538 shares of Matson, Inc. common stock.
- The acquisition occurred on July 1, 2025, and was a grant of restricted stock units (RSUs).
- The RSUs were issued at a price of $0.0000 per share, indicating a non-cash grant.
- These restricted stock units are part of the Issuer's 2025 Incentive Compensation Plan.
- The RSUs will vest in three equal annual installments, beginning one year from the grant date.
- The restricted stock units also include dividend equivalent rights.
- Following this transaction, Jerome James Holland beneficially owns 3,738 shares of common stock.
Sentiment
Score: 6
Explanation: The document reports a routine executive equity grant, which is generally a neutral to slightly positive event as it aligns executive interests with shareholders. There are no negative implications or significant new information to alter overall sentiment.
Positives
- The grant of restricted stock units aligns the executive's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- The inclusion of dividend equivalent rights ensures the executive benefits from dividends paid on the unvested shares, further aligning interests.
Future Outlook
The restricted stock units granted to Jerome James Holland are scheduled to vest in three equal annual installments, with the first vesting occurring one year from the grant date of July 1, 2025.
Industry Context
This transaction represents a routine executive compensation event, common across publicly traded companies to incentivize and retain key management personnel by linking their compensation to long-term company performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Utilization | The restricted stock units were issued under the Issuer's 2025 Incentive Compensation Plan, demonstrating the ongoing use of the company's approved equity compensation framework. | 07/01/2025 | This indicates the company's commitment to using equity-based incentives to attract, retain, and motivate key executives, aligning their long-term interests with those of shareholders. |
Stakeholder Impact
- Shareholders: The grant of RSUs is a form of executive compensation that aligns management's interests with shareholder value. It also represents a minor potential for future share dilution upon vesting.
- Employees (Executives): Jerome James Holland receives additional equity compensation, which incentivizes long-term performance and retention.
Next Steps
- The restricted stock units will vest in three equal annual installments, beginning one year from the grant date of July 1, 2025.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction: Acquisition of 538 restricted stock units by Jerome James Holland. |
Keywords
Matson, MATX, Jerome Holland, Restricted Stock Units, RSU, Equity Grant, Executive Compensation, Insider Transaction, Form 4, Corporate Governance
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