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

Senior Vice President Richard S. Kinney of Matson, Inc. sold 1,792 shares of common stock at a weighted average price of $115.1063 on May 16, 2024.

Summary

• On May 16, 2024, Richard S. Kinney, a Senior Vice President at Matson, Inc., sold 1,792 shares of the company's common stock.
• The sale was executed at a weighted average price of $115.1063 per share.
• The prices for individual trades ranged from $114.71 to $115.62.
• Following the transaction, Kinney directly owns 9,588 shares of Matson, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by an executive. It's neutral in sentiment as it simply reports a transaction.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they can be driven by personal financial planning needs.

Stakeholder Impact

• The sale of shares by a company executive may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.

Key Dates