Form 4: Matson Inc. Senior Vice President Laura L. Rascon Reports Stock Transactions

Senior Vice President of Matson Inc., Laura L. Rascon, reported multiple transactions involving the company's common stock, including acquisitions and disposals to cover tax obligations.

Summary

• Laura L. Rascon, a Senior Vice President at Matson, Inc., has reported several transactions involving the company's common stock.
• On January 24, 2025, 135 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 25, 2025, 248 shares were disposed of at $136.32 per share for tax obligations.
• On January 26, 2025, 3,465 shares were acquired at $0.00 per share due to performance criteria of Performance Shares.
• On January 26, 2025, 1,155 shares were acquired at $0.00 per share due to performance criteria of Performance Shares.
• On January 26, 2025, 165 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 26, 2025, 310 shares were disposed of at $136.32 per share to cover tax obligations.
• On January 26, 2025, 988 shares were disposed of at $136.32 per share to cover tax obligations.
• Following these transactions, Ms. Rascon beneficially owns 16,412 shares of Matson, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of positive or negative sentiment from the transactions themselves.

Positives

• The acquisition of 4,620 shares at $0.00 per share indicates the vesting of performance-based shares, suggesting the achievement of performance targets.
• The increase in total shares held by Ms. Rascon after all transactions is a positive sign.

Negatives

• The disposal of 1,846 shares at $136.32 per share to cover tax obligations reduces the total number of shares held by Ms. Rascon.

Risks

• The transactions are related to tax obligations and performance-based vesting, which are standard practices but could be influenced by future tax law changes or performance outcomes.
• The stock price could be affected by large volume transactions by insiders.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Matson's filing is consistent with these requirements.
• The transactions are typical for executives who receive stock-based compensation and must cover tax obligations upon vesting.
• Similar filings can be seen from executives at other shipping and logistics companies such as FedEx and UPS.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine insider activity.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Matson Inc., stock transactions, insider trading, Form 4, Laura L. Rascon, performance shares, tax withholding, common stock