Form 4: Matson Inc. Chairman & CEO Matthew J. Cox Reports Acquisition of Restricted Stock Units

Matthew J. Cox, Chairman & CEO of Matson, Inc., reports the acquisition of 13,587 restricted stock units.

Summary

• On January 22, 2025, Matthew J. Cox, Chairman & CEO of Matson, Inc., acquired 13,587 shares of Common Stock.
• These shares were acquired as restricted stock units under the Issuer's Amended and Restated 2016 Incentive Compensation Plan.
• The restricted stock units vest in three equal annual installments starting a year from the grant date and include dividend equivalent rights.
• Following this transaction, Cox directly owns 222,485 shares of Matson, Inc. Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The acquisition of restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The restricted stock units vest in three equal annual installments beginning a year from the grant date, suggesting a multi-year incentive structure.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company executives.

Stakeholder Impact

• The acquisition of restricted stock units by the CEO could positively influence shareholder confidence.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates