Form 4: Matson Inc. Executive Peter T. Heilmann Sells Shares
SEC Form 4 Filing
EVP, Chief Admin. Officer & GC of Matson, Inc., Peter T. Heilmann, sold a total of 9,047 shares of common stock on March 5, 2024.
Summary
- Peter T. Heilmann, EVP, Chief Admin. Officer & GC of Matson, Inc., reported the sale of common stock on March 5, 2024.
- He sold 1,162 shares at a weighted average price of $107.43, 2,975 shares at a weighted average price of $105.54, and 4,910 shares at a weighted average price of $106.73.
- Following these transactions, Heilmann directly owns 48,431 shares of Matson, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
- The impact on other stakeholders is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock sale transactions |
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