Form 4: Matson SVP Disposes Shares for Tax Obligations
Insider Transaction Report
Matson Senior Vice President Jennifer C. Tungul disposed of 67 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Jennifer C. Tungul, Senior Vice President of Matson, Inc. (MATX), reported a transaction involving the company's common stock.
- On January 22, 2026, 67 shares of common stock were disposed of at a price of $160.3 per share.
- The disposition was made to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
- Following this transaction, Jennifer C. Tungul beneficially owns 6,651 shares of Matson common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax purposes, which is neutral in sentiment and does not indicate any positive or negative operational or financial developments for the company.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal to no direct impact, as this is a routine, small-scale transaction for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Date of transaction where common stock was disposed of for tax withholding. |
| 01/24/2026 | Date the Form 4 was signed by Jennifer C. Tungul. |
Keywords
Matson, MATX, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Corporate Officer
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