Form 4: Matson Inc. Executive Richard S. Kinney Sells Shares

Senior Vice President Richard S. Kinney of Matson, Inc. reported selling 1,615 shares of common stock on August 21, 2024.

Summary

• On August 21, 2024, Richard S. Kinney, a Senior Vice President at Matson, Inc., sold 1,615 shares of the company's common stock.
• The sale was executed at a weighted average price of $133.62 per share.
• Following the transaction, Kinney directly owns 7,973 shares of Matson, Inc.
• The transaction was executed in multiple trades at prices ranging from $133.475 to $134.29.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The sale of shares by a company executive could be interpreted in various ways by stakeholders.
• Some might see it as a lack of confidence in the company's future, while others might view it as a personal financial decision.

Key Dates