Form 4: Matson SVP John Sullivan Reports Stock Transactions

Matson Senior Vice President John Sullivan reported recent transactions involving company common stock, including the acquisition of shares from performance awards and subsequent tax-related dispositions.

Summary

• John Warren Sullivan, Senior Vice President of Matson, Inc. (MATX), reported changes in his beneficial ownership of common stock.
• On January 24, 2026, 182 shares of common stock were disposed of at a price of $158.94 per share to cover tax withholding obligations related to the vesting of restricted stock units, resulting in 13,660 shares beneficially owned.
• On January 25, 2026, 5,960 shares of common stock were acquired at a price of $0.0000 per share due to the satisfaction of performance criteria for previously granted Performance Shares, increasing beneficial ownership to 19,620 shares.
• Also on January 25, 2026, 403 shares of common stock were disposed of at $158.94 per share to cover tax withholding obligations from the vesting of Performance Shares, reducing beneficial ownership to 19,217 shares.
• Additionally, on January 25, 2026, 3,084 shares of common stock were disposed of at $158.94 per share for further tax withholding obligations arising from the vesting of Performance Shares, bringing the total beneficial ownership to 16,133 shares.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (vesting and tax withholding), which are neutral in sentiment as they reflect standard operational procedures rather than discretionary trading or significant new developments.

Positives

• The acquisition of 5,960 shares of common stock indicates the satisfaction of performance criteria for previously granted Performance Shares, reflecting successful achievement of company goals by the Senior Vice President.

Negatives

• A total of 3,669 shares of common stock were disposed of across three separate transactions (182, 403, and 3,084 shares) at a price of $158.94 per share to cover tax withholding obligations, reducing the direct beneficial ownership.

Future Outlook

NA

Industry Context

This Form 4 filing details routine insider stock transactions related to executive compensation, which is a common practice across publicly traded companies in various industries. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The transactions represent a routine change in an executive's direct ownership, primarily due to compensation vesting and tax obligations, with minimal direct impact on overall shareholder value or company operations.

Key Dates

Keywords

Matson, MATX, insider transaction, Form 4, stock ownership, executive compensation, performance shares, restricted stock units