Form 4: Matson Inc. Executive Sells Shares in Recent Transaction

Executive Vice President Rusty Rolfe of Matson Inc. sold a total of 3,000 shares of common stock on November 13, 2024.

Summary

• Rusty Rolfe, Executive Vice President and President of Matson Logistics, sold 600 shares of Matson Inc. common stock at a weighted average price of $165.315 on November 13, 2024.
• He also sold an additional 2,400 shares of common stock at a price of $166.1311 on the same day.
• Following these transactions, Mr. Rolfe directly owns 21,871 shares of Matson Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, with no inherent positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate executives who trade their company's stock. It provides transparency into insider transactions.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar filings are made by executives at companies like FedEx (FDX) and UPS (UPS) when they trade their company's stock.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Matson Inc., MATX, executive stock sale, insider trading, common stock, Rusty Rolfe, Matson Logistics