Form 4: Matson SVP Sells Shares for Tax Obligations

Matson, Inc. Senior Vice President John Warren Sullivan reported the disposition of 153 shares of common stock to cover tax withholding obligations.

Summary

• John Warren Sullivan, Senior Vice President of Matson, Inc. (MATX), reported a transaction involving the company's common stock.
• The transaction, dated January 22, 2026, involved the disposition of 153 shares of common stock.
• The shares were withheld by Matson, Inc. to cover tax withholding obligations resulting from the vesting of a previous grant of restricted stock units.
• The price per share for the disposition was $160.3.
• Following this transaction, John Warren Sullivan beneficially owns 13,842 shares of Matson, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax purposes related to restricted stock unit vesting, which is a neutral event and does not indicate a positive or negative sentiment towards the company's performance or outlook.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across publicly traded companies and does not reflect broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, small-scale transaction for tax purposes and does not reflect a change in management's confidence or company fundamentals.
• Employees: No direct impact on general employees.

Key Dates

Recommendation

This Form 4 filing reports a routine disposition of shares by a Senior Vice President to cover tax liabilities arising from the vesting of restricted stock units. Such transactions are common and do not typically signal any change in the company's fundamental outlook or management's confidence. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based solely on this filing.

Keywords

Matson, MATX, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation