MATX.NYSEMatson, INC

Form 4: Matson Inc. Director Acquires Shares Through Incentive Plan

Sentiment:

SEC Form 4 Filing


Director Mark H. Fukunaga acquired 1,594 shares of Matson, Inc. common stock through the company's incentive compensation plan on April 24, 2025.

Summary

  • On April 24, 2025, Mark H. Fukunaga, a director of Matson, Inc., acquired 1,594 shares of common stock.
  • The acquisition was made through the Issuer's Amended and Restated 2016 Incentive Compensation Plan.
  • The shares were acquired at a price of $0.00 per share.
  • Following the transaction, Fukunaga directly owns 29,108 shares of Matson, Inc. common stock.
  • The restricted stock units have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting of the Issuer following the date of the grant of such restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to director compensation, indicating alignment of interests but not necessarily a major catalyst for stock movement.

Positives

  • The acquisition of shares by a director signals confidence in the company's future prospects.
  • The incentive compensation plan aligns the interests of directors with those of shareholders.

Industry Context

This type of transaction is common for directors and officers of publicly traded companies, as incentive compensation plans are frequently used to align management's interests with those of shareholders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

DateDescription
04/24/2025Date of transaction: Mark H. Fukunaga acquired 1,594 shares of Matson, Inc. common stock.
04/25/2025Date of signature for the Form 4 filing.

Keywords

Matson Inc., Director, Share Acquisition, Incentive Compensation Plan, Form 4, MATX, Stock Options, Beneficial Ownership

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