Form 4: Matson SVP Reports Routine Equity Transactions

Matson, Inc. Senior Vice President Jennifer C. Tungul reported the acquisition of 812 common shares from performance share vesting and the disposition of 555 shares for tax withholdings.

Summary

• Jennifer C. Tungul, Senior Vice President of Matson, Inc., reported several transactions involving the company's common stock.
• On January 24, 2026, 69 shares of common stock were disposed of at $158.94 per share to cover tax withholding obligations arising from the vesting of previous restricted stock units.
• On January 25, 2026, 812 shares of common stock were acquired at $0.0000 per share due to the satisfaction of performance criteria for previously granted Performance Shares.
• Also on January 25, 2026, a total of 486 shares (123 shares and 363 shares) were disposed of at $158.94 per share to cover tax withholding obligations arising from the vesting of Performance Shares.
• Following these transactions, Ms. Tungul beneficially owns 6,908 shares of Matson, Inc. common stock directly.
• The reported transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing is a factual report of routine insider transactions related to equity compensation vesting and tax withholdings, which are neutral in sentiment.

Positives

• Senior Vice President Jennifer C. Tungul acquired 812 shares of common stock through the vesting of performance shares, indicating the achievement of performance criteria.
• The vesting of restricted stock units and performance shares represents a positive outcome for the executive's compensation.

Negatives

• The disposition of 555 shares of common stock (69 + 123 + 363) at $158.94 per share was solely to cover tax withholding obligations, which is a routine part of equity compensation vesting and not a discretionary sale.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details routine insider transactions related to executive compensation and does not provide information related to broader industry trends or competitors.

Stakeholder Impact

• Minimal direct impact on shareholders as these are routine compensation-related transactions by an executive.
• Positive for the executive (Jennifer C. Tungul) due to the vesting of equity awards.

Key Dates

Keywords

Matson Inc, MATX, Jennifer C. Tungul, insider transaction, Form 4, equity compensation, restricted stock units, performance shares, stock vesting, tax withholding, Rule 10b5-1