Form 4: Matson SVP's Stock Withholding for Tax Obligations
Insider Transaction Report
Matson, Inc. Senior Vice President Christopher A. Scott reported the disposition of 215 common shares for tax withholding related to restricted stock unit vesting.
Summary
- Christopher A. Scott, Senior Vice President of Matson, Inc., reported a transaction involving Matson common stock.
- On January 22, 2026, 215 shares of common stock were disposed of at a price of $160.3 per share.
- This disposition was a mandatory withholding by Matson, Inc. to cover tax obligations arising from the vesting of previously granted restricted stock units.
- Following this transaction, Scott beneficially owns 14,405.489 shares of Matson common stock directly.
Sentiment
Score: 6
Explanation: The transaction is a routine tax withholding event related to the vesting of restricted stock units, which is a positive for the executive as it signifies earned compensation. It is not a voluntary sale indicating a change in sentiment towards the company.
Positives
- Vesting of restricted stock units indicates the achievement of performance milestones or tenure, benefiting the executive.
Negatives
- A reduction of 215 shares from direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal direct impact as it is a small, routine transaction for tax purposes.
- Executive: Christopher A. Scott's beneficial ownership slightly decreased due to tax withholding, but he received the net benefit of vested RSUs.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Transaction Date: Disposition of common stock for tax withholding. |
| 01/23/2026 | Signature Date of Reporting Person. |
Recommendation
holdThis Form 4 details a routine, non-discretionary transaction where shares were withheld for tax purposes upon the vesting of restricted stock units. It does not reflect a voluntary investment decision by the insider and therefore provides no new fundamental information to alter an investment thesis. The event is neutral for the stock's valuation.
Keywords
Matson Inc, MATX, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Obligations, Executive Compensation
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