Form 4: Matson Inc. EVP & CFO Joel M. Wine Reports Correction to Previous SEC Filing
SEC Filing
Joel M. Wine, EVP & CFO of Matson, Inc., filed an amendment to correct the amount withheld for tax obligations in a previous Form 4 filing.
Summary
- On June 7, 2024, Joel M. Wine, the EVP & CFO of Matson, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the amount withheld to cover tax withholding obligations reported in a previous filing on January 27, 2024.
- The transaction involved 1,200 shares of Common Stock disposed of at a price of $0.00.
- Following the reported transaction, Wine beneficially owns 171,606 shares of Matson, Inc. common stock directly.
Sentiment
Score: 7
Explanation: The document is a routine correction to a previous filing, indicating standard compliance procedures. It doesn't suggest any significant positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The correction ensures accurate reporting to shareholders and the SEC, maintaining transparency.
Key Dates
| Date | Description |
|---|---|
| January 27, 2024 | Date of the original Form 4 filing that was amended. |
| June 07, 2024 | Date of the transaction and the amended Form 4 filing. |
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