Form 4: Matson Inc. Executive Richard S. Kinney Sells 1,997 Shares
SEC Filing
Senior Vice President Richard S. Kinney of Matson, Inc. reported selling 1,997 shares of common stock at an average price of $137.1077 on March 6, 2025.
Summary
- On March 6, 2025, Richard S. Kinney, a Senior Vice President at Matson, Inc., sold 1,997 shares of the company's common stock.
- The sale was executed at a weighted average price of $137.1077 per share, with individual transactions ranging from $136.79 to $137.20.
- Following the transaction, Kinney directly owns 8,425 shares of Matson, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares is a routine occurrence and doesn't necessarily indicate a negative outlook on the company.
Industry Context
This is a standard Form 4 filing, reporting an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Richard S. Kinney sold 1,997 shares of Matson, Inc. common stock. |
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