Form 4: Matson Inc. Executive Richard S. Kinney Sells Shares
SEC Form 4 Filing
Senior Vice President Richard S. Kinney of Matson, Inc. reported the sale of 773 shares of common stock on March 5, 2024.
Summary
- Richard S. Kinney, a Senior Vice President at Matson, Inc., sold 773 shares of common stock on March 5, 2024.
- The sale was executed at a weighted average price of $105.8339 per share.
- Following the transaction, Kinney directly owns 11,380 shares of Matson, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a negative outlook, as it could be for personal financial reasons.
Industry Context
This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand executive sentiment, but a single transaction is not necessarily indicative of a larger trend.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: Richard S. Kinney sold 773 shares of Matson, Inc. common stock. |
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