Form 4: Matson Inc. Executive Joel M. Wine Reports Stock Transaction

Matson Inc.'s EVP & CFO, Joel M. Wine, reported a disposition of 320 shares of common stock on December 4, 2024.

Summary

• Joel M. Wine, the Executive Vice President and Chief Financial Officer of Matson, Inc., filed a Form 4 with the SEC.
• The filing indicates a transaction on December 4, 2024, where 320 shares of Matson common stock were disposed of.
• The disposition was a gift, and the price per share was $0.00.
• Following the transaction, Mr. Wine directly owns 95,130 shares of Matson common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing of a stock transaction by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• Executives at comparable companies such as Kirby Corporation (KEX) and Genco Shipping & Trading (GNK) also regularly file similar forms when they trade company stock.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a small transaction by an executive.

Key Dates

Keywords

Matson, Joel M. Wine, SEC Form 4, stock transaction, insider trading, executive compensation, equity securities