Form 4: Matson SVP's Stock Transactions Reported

Matson, Inc. Senior Vice President Grace M. Cerocke reported the acquisition of 6,952 shares of common stock and the disposition of 3,764 shares for tax withholding purposes.

Summary

• Grace M. Cerocke, Senior Vice President of Matson, Inc. (MATX), reported transactions involving the company's common stock.
• On January 24, 2026, 222 shares of common stock were withheld by the Issuer at a price of $158.94 to cover tax withholding obligations arising from the vesting of previously granted restricted stock units.
• On January 25, 2026, 6,952 shares of common stock were issued to Ms. Cerocke at a price of $0.0000, pursuant to the satisfaction of performance criteria of Performance Shares.
• Also on January 25, 2026, 410 shares and 3,132 shares of common stock were withheld by the Issuer at a price of $158.94 to cover tax withholding obligations arising from the vesting of Performance Shares.
• Following these transactions, Ms. Cerocke's direct beneficial ownership of common stock is 19,186 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there's a disposition of shares for tax, the underlying event is the vesting and issuance of shares due to performance criteria being met, which is a positive indicator of executive performance and compensation.

Positives

• Acquisition of 6,952 shares of common stock due to the satisfaction of performance criteria for Performance Shares, indicating successful achievement of company goals.

Negatives

• Disposition of 3,764 shares of common stock (222 + 410 + 3,132) at a price of $158.94 per share to cover tax withholding obligations, reducing direct beneficial ownership.

Future Outlook

NA

Industry Context

This filing details routine insider transactions related to executive compensation, which is a standard practice across industries. It does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minor impact from the issuance of new shares as part of executive compensation, which is a standard component of remuneration packages.
• Employees (specifically Grace M. Cerocke): Direct impact on personal equity holdings and compensation structure.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation (vesting of equity awards and tax withholdings). It does not provide new fundamental information about the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not alter the investment thesis.

Keywords

Matson, MATX, Form 4, Insider Trading, Executive Compensation, Common Stock, Performance Shares, Restricted Stock Units, Tax Withholding