Form 4: Matson Inc. Executive Christopher A. Scott Reports Stock Transactions

Senior Vice President Christopher A. Scott of Matson Inc. reported multiple transactions involving the company's common stock, including acquisitions and disposals to cover tax obligations.

Summary

• Christopher A. Scott, a Senior Vice President at Matson Inc., has filed a Form 4 detailing several transactions involving the company's common stock.
• On January 24, 2025, 179 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 25, 2025, 331 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 26, 2025, 3,465 shares were acquired at $0.00 per share due to the satisfaction of performance criteria of Performance Shares.
• Also on January 26, 2025, 1,155 shares were acquired at $0.00 per share due to the satisfaction of performance criteria of Performance Shares.
• On January 26, 2025, 220 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 26, 2025, 413 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 26, 2025, 1,298 shares were disposed of at $136.32 per share to cover tax obligations.
• Following these transactions, Mr. Scott beneficially owns 14,485.333 shares of Matson Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the transactions are routine and include the vesting of performance shares, which is a positive indicator of company performance.

Positives

• The acquisition of 4,620 shares at $0.00 indicates the vesting of performance shares, suggesting the achievement of performance goals.

Negatives

• The disposal of 2,441 shares at $136.32 per share was to cover tax obligations, which is a common practice but reduces the overall shareholding.

Risks

• The transactions are related to tax obligations and performance share vesting, which are standard practices but can impact the executive's holdings.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The transactions reported are typical for executives who receive stock-based compensation and have tax obligations related to vesting.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.
• The vesting of performance shares may be viewed positively by shareholders as it indicates the achievement of company goals.

Key Dates

Keywords

Matson Inc., Christopher A. Scott, Form 4, stock transactions, insider trading, performance shares, tax obligations, equity