Form 4: Matson Executive Jerome Holland Receives RSU Grant

Matson, Inc. EVP President, Matson Logistics, Jerome Holland, was granted 1,205 restricted stock units under the company's 2025 Incentive Compensation Plan.

Summary

• Jerome James Holland, EVP President, Matson Logistics, acquired 1,205 restricted stock units (RSUs) of Matson, Inc. Common Stock on January 21, 2026.
• The RSUs were granted under the company's 2025 Incentive Compensation Plan at a price of $0.0000 per unit.
• These RSUs will vest in three equal annual installments, with the first vesting occurring one year from the grant date.
• The granted RSUs include dividend equivalent rights.
• Following this transaction, Holland directly beneficially owns 4,943 shares of Matson, Inc. Common Stock.

Sentiment

Score: 7

Explanation: The grant of restricted stock units is a positive event for the executive, representing future equity ownership and aligning interests with shareholders. For the company, it's a standard and expected part of executive compensation, indicating ongoing incentive programs.

Positives

• The grant of 1,205 restricted stock units to a key executive, Jerome Holland, aligns management incentives with long-term shareholder interests.
• The inclusion of dividend equivalent rights in the RSU grant provides additional value to the executive, further incentivizing long-term holding.

Future Outlook

The granted restricted stock units will vest in three equal annual installments, commencing one year from the grant date.

Management Comments

• Restricted stock units issued under the Issuer's 2025 Incentive Compensation Plan.

Industry Context

This is a routine insider transaction filing, common for executive compensation packages across various industries, designed to align management incentives with long-term company performance.

Comparison to Industry Standards

• The grant of restricted stock units with a multi-year vesting schedule is a standard practice in executive compensation across publicly traded companies, including those in the logistics and shipping sectors like Matson, Inc.
• This structure is designed to promote long-term retention and performance alignment, similar to compensation strategies seen at peers such as XPO Logistics, Old Dominion Freight Line, or Saia Inc.

Related Party Transactions

• The grant of 1,205 restricted stock units to Jerome James Holland, an executive officer, constitutes a related party transaction as part of his compensation under the 2025 Incentive Compensation Plan.

Stakeholder Impact

• Shareholders: Potential long-term benefit from executive incentive alignment.
• Management: Increased equity stake and long-term incentive.

Next Steps

• The restricted stock units will vest in three equal annual installments, beginning one year from the grant date.

Key Dates

Recommendation

This Form 4 reports a routine grant of restricted stock units to an executive as part of their compensation package. Such a transaction is standard practice and does not provide new information that would significantly alter the investment thesis for Matson, Inc. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals and market conditions rather than this specific insider filing.

Keywords

Matson, MATX, Jerome Holland, Restricted Stock Units, RSU, executive compensation, insider transaction, Form 4