Form 4: Matson SVP Kinney's Stock Acquisition & Tax Withholding

Matson, Inc. Senior Vice President Richard S. Kinney reported the acquisition of 6,952 common shares from performance vesting and dispositions for tax obligations.

Summary

• Richard S. Kinney, Senior Vice President of Matson, Inc. (MATX), reported changes in his beneficial ownership of common stock.
• On January 25, 2026, Kinney acquired 6,952 shares of common stock at a price of $0.0000 per share, resulting from the satisfaction of performance criteria for previously granted Performance Shares.
• To cover tax withholding obligations, Kinney disposed of a total of 4,315 shares of common stock at a price of $158.94 per share across three separate transactions on January 24 and January 25, 2026.
• Specifically, 255 shares were withheld on January 24, 2026, for tax related to restricted stock unit vesting, and 471 shares and 3,589 shares were withheld on January 25, 2026, for tax related to Performance Share vesting.
• Following these transactions, Richard S. Kinney's direct beneficial ownership of Matson, Inc. common stock stands at 11,971 shares.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. The acquisition of a significant number of shares through performance vesting is a positive signal, indicating the executive met performance targets and increased their stake. The dispositions are routine tax-related transactions and do not reflect a negative sentiment towards the company.

Positives

• Richard S. Kinney acquired 6,952 shares of common stock through the vesting of Performance Shares, indicating successful achievement of performance criteria.
• The acquisition of shares increases the Senior Vice President's direct beneficial ownership in Matson, Inc. to 11,971 shares, aligning management's interests with shareholders.

Future Outlook

NA

Industry Context

This Form 4 filing reflects a routine executive compensation event within the shipping and logistics industry. The vesting of performance shares and subsequent tax withholding are standard practices for executive incentive plans, aligning executive performance with company goals.

Stakeholder Impact

• Shareholders: The increase in the Senior Vice President's beneficial ownership through performance share vesting aligns management's interests with shareholder value creation, potentially signaling confidence in future company performance.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, specifically the vesting of performance shares and associated tax withholding. While the acquisition of shares by a Senior Vice President is a positive indicator of management's alignment and achievement of performance targets, it does not present new fundamental information that would warrant a change in investment recommendation. The transactions are expected and do not suggest a significant shift in the company's outlook or valuation.

Keywords

Matson, MATX, Insider Transaction, Form 4, Executive Compensation, Stock Acquisition, Performance Shares, Tax Withholding