Form 4: Matson Inc. VP and Controller Kevin L. Stuck Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kevin L. Stuck, VP and Controller of Matson, Inc., reports acquisition and disposal of common stock due to performance share vesting and tax withholding.
Summary
- On April 27, 2025, Kevin L. Stuck, VP and Controller of Matson, Inc., reported changes in beneficial ownership of the company's common stock.
- He acquired 704 shares of common stock due to the satisfaction of performance criteria of Performance Shares.
- He disposed of 89 shares to cover tax withholding obligations from a previous restricted stock unit grant at a price of $102.38 per share.
- He also disposed of 357 shares to cover tax withholding obligations from the vesting of Performance Shares at a price of $102.38 per share.
- Following these transactions, Stuck beneficially owns 3,450 shares of Matson, Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and does not indicate any significant positive or negative developments.
Positives
- The acquisition of 704 shares due to the satisfaction of performance criteria suggests that the company is meeting its performance goals.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/27/2025 | Date of earliest transaction: acquisition and disposal of shares. |
| 04/28/2025 | Date of signature on the report. |
Keywords
beneficial ownership, Form 4, Matson Inc., stock, performance shares, tax withholding, Kevin L. Stuck, MATX
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