Form 4: Matson Inc. Director Bradley D. Tilden Reports Acquisition of Common Stock

Director Bradley D. Tilden reports acquisition of 1,185 shares of Matson, Inc. common stock on April 25, 2024, through restricted stock units.

Summary

• On April 25, 2024, Bradley D. Tilden, a director of Matson, Inc., acquired 1,185 shares of common stock.
• The acquisition was through restricted stock units (RSUs) granted under the company's Amended and Restated 2016 Incentive Compensation Plan.
• The RSUs were acquired at a price of $0.0000 per share.
• These RSUs have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting following the grant date.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The acquisition of shares by a director is generally a positive sign, but it's part of a compensation plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The restricted stock units vest 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.

Industry Context

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

Key Dates