Form 4: Matson Inc. Senior Vice President Sells 750 Shares

John Warren Sullivan, a Senior Vice President at Matson Inc., sold 750 shares of common stock on November 13, 2024.

Summary

• John Warren Sullivan, a Senior Vice President at Matson Inc., sold 750 shares of the company's common stock on November 13, 2024.
• The sale was executed at a price of $165.5 per share.
• Following the transaction, Sullivan directly owns 12,745 shares of Matson Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It does not convey any positive or negative sentiment about the company's performance or future prospects.

Industry Context

This is a routine disclosure of an insider transaction and does not indicate any specific trend in the shipping industry.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies.
• The sale of 750 shares by a Senior Vice President is not unusual and does not represent a significant portion of the company's outstanding shares.
• Similar transactions are regularly reported by executives at other companies in the shipping and logistics sector.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's stock price.

Key Dates

Keywords

Matson Inc., insider trading, stock sale, John Warren Sullivan, MATX, common stock, executive