Form 4: Matson Inc. Executive Leonard P. Isotoff Reports Stock Transaction
SEC Form 4 Filing
Senior Vice President Leonard P. Isotoff of Matson, Inc. reports a transaction involving the withholding of common stock to cover tax obligations.
Summary
- On April 1, 2024, Leonard P. Isotoff, a Senior Vice President at Matson, Inc., had 29 shares of common stock withheld by the issuer to cover tax withholding obligations.
- This action arose from the vesting of a previous grant of restricted stock units.
- Following the transaction, Isotoff beneficially owns 7,546.348 shares of Matson, Inc. common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to tax obligations.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the stock transaction (tax withholding). |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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