Form 4: Matson SVP Rascon Reports Stock Transactions
Insider Transaction Report
Matson, Inc. Senior Vice President Laura L. Rascon reported the acquisition of 6,952 common shares from performance awards and subsequent tax-related dispositions.
Summary
- Laura L. Rascon, Senior Vice President of Matson, Inc. (MATX), reported several transactions involving common stock.
- On January 25, 2026, Rascon 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.
- Concurrently, shares were withheld by Matson, Inc. to cover tax withholding obligations. This included 210 shares on January 24, 2026, and 387 shares and 2,018 shares on January 25, 2026, all at a price of $158.94 per share.
- Following these transactions, Rascon's direct beneficial ownership of common stock stands at 19,996 shares.
Sentiment
Score: 7
Explanation: The sentiment is slightly positive as the executive acquired a significant number of shares through performance awards, indicating successful achievement of company goals. The dispositions were for tax purposes, which is a neutral, standard event.
Positives
- Acquisition of 6,952 shares of common stock on January 25, 2026, due to the successful satisfaction of performance criteria for Performance Shares, indicating achievement of company goals and executive performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details routine insider transactions related to executive compensation, which is a standard practice across industries for aligning executive incentives with shareholder interests. It does not provide broader industry trend insights.
Stakeholder Impact
- Shareholders may view the executive's acquisition of shares through performance awards as a positive sign of management's alignment with shareholder interests and confidence in the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/24/2026 | Transaction date for withholding 210 common shares to cover tax obligations from restricted stock unit vesting. |
| 01/25/2026 | Transaction date for the acquisition of 6,952 common shares from performance share vesting and withholding of 387 and 2,018 common shares for tax obligations related to performance shares. |
| 01/26/2026 | Signature date of the reporting person. |
Keywords
Matson, MATX, Form 4, Insider Transaction, Executive Compensation, Performance Shares, Restricted Stock Units, Stock Vesting, Tax Withholding
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