Form 4: Matson SVP Kinney's Stock Withholding for Taxes

Matson Senior Vice President Richard S. Kinney reported a routine disposition of 215 common shares to cover tax obligations from restricted stock unit vesting.

Summary

• Richard S. Kinney, Senior Vice President of Matson, Inc. (MATX), reported a transaction on January 22, 2026.
• The transaction involved the disposition of 215 shares of Matson Common Stock.
• These shares were withheld by Matson, Inc. to cover tax withholding obligations.
• The tax obligations arose from the vesting of a previous grant of restricted stock units.
• The shares were disposed of at a price of $160.3 per share.
• Following this transaction, Mr. Kinney beneficially owns 9,334 shares of Matson Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment. It reflects the vesting of previously granted equity, which is generally positive for the executive, but the disposition itself is a mechanical tax event.

Positives

• The transaction is a routine part of executive compensation, indicating the vesting of previously granted restricted stock units, which aligns management interests with shareholders.

Negatives

• No direct negatives; the disposition of shares is for tax purposes, not a discretionary sale by the insider.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

N/A

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related transaction and not a discretionary sale. It indicates the vesting of executive equity, aligning management interests with shareholders.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where shares were withheld to cover tax obligations from restricted stock unit vesting. It does not indicate any change in the company's fundamentals, strategic direction, or the insider's long-term view of the company. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.

Keywords

Matson, MATX, Richard S. Kinney, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Executive Compensation, Tax Obligations