Form 4: Matson Inc. Executive John P. Lauer Sells Shares
SEC Form 4 Filing
EVP & Chief Commercial Officer of Matson, Inc., John P. Lauer, sold a portion of his holdings in the company's common stock on February 28, 2024.
Summary
- On February 28, 2024, John P. Lauer, EVP & Chief Commercial Officer of Matson, Inc., sold shares of the company's common stock.
- The sales were executed in multiple transactions at varying prices.
- A total of 11,388 shares were sold at weighted average prices ranging from $108.19 to $111.26.
- Following the reported transactions, Lauer directly owns 30,452 shares of Matson, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock sale. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could vary.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock sale transactions. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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