Form 4: Matson Inc. VP and Controller Kevin L. Stuck Reports Sale of Common Stock
SEC Form 4 Filing
Kevin L. Stuck, VP and Controller of Matson, Inc., reported selling 2,082 shares of common stock at a price of $111.46 on February 28, 2024.
Summary
- On February 28, 2024, Kevin L. Stuck, VP and Controller of Matson, Inc., sold 2,082 shares of common stock.
- The sale price was $111.46 per share.
- Following the transaction, Stuck directly owns 3,942 shares of Matson, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider stock sale. The sentiment is neutral as it doesn't inherently indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Sale of 2,082 shares of common stock. |
| 02/29/2024 | Date of signature. |
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