Form 4: Matson Inc. Executive Angoco Reports Stock Transactions

Senior Vice President Vicente Angoco Jr. of Matson, Inc. reports multiple transactions involving common stock, including acquisitions and disposals to cover tax obligations.

Summary

• Vicente S. Angoco Jr., a Senior Vice President at Matson, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• On January 24, 2025, 282 shares were disposed of to cover tax withholding at a price of $136.32.
• On January 25, 2025, 520 shares were disposed of to cover tax withholding at a price of $136.32.
• On January 26, 2025, Angoco acquired 4,950 shares and 1,650 shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares.
• Also on January 26, 2025, 346 shares, 649 shares and 2,000 shares were disposed of to cover tax withholding at a price of $136.32.
• Following these transactions, Angoco directly owns 25,900 shares of Matson, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to stock compensation and tax obligations. The acquisition of shares due to performance criteria is a slightly positive indicator.

Positives

• Angoco acquired a total of 6,600 shares of common stock due to the satisfaction of performance criteria, indicating positive performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and ownership positions. This filing indicates normal transactions related to stock-based compensation and tax obligations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates