Form 4: Matson Inc. Senior Vice President Grace M. Cerocke Reports Sale of Common Stock

Grace M. Cerocke, Senior Vice President of Matson, Inc., reported selling 2,096 shares of common stock on September 4, 2024.

Summary

• On September 4, 2024, Grace M. Cerocke, a Senior Vice President at Matson, Inc. (MATX), sold 2,096 shares of the company's common stock.
• The sale was executed at a price of $134.23 per share.
• Following the transaction, Cerocke directly owns 12,180 shares of Matson, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a company 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 corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are publicly available and provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The sale of shares by a company executive can sometimes be interpreted by the market as a lack of confidence in the company's future prospects, although it can also be due to personal financial reasons.

Key Dates