Form 4: Matson Inc. Senior Vice President John Warren Sullivan Reports Sale of Common Stock
SEC Form 4 Filing
John Warren Sullivan, Senior Vice President of Matson, Inc., reported the sale of 893 shares of common stock on May 8, 2024.
Summary
- On May 8, 2024, John Warren Sullivan, a Senior Vice President at Matson, Inc. (MATX), sold 893 shares of the company's common stock.
- The sale was executed at a price of $110.6 per share.
- Following the transaction, Sullivan directly owns 13,495 shares of Matson, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for company executives to periodically buy or sell shares of their company's stock. The reasons for the transaction are not disclosed in this document.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of the transaction: sale of 893 shares of common stock. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
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