Form 4: Matson VP & Controller Sells MATX Stock
Insider Transaction Report
Matson's VP and Controller, Kevin L. Stuck, reported the sale of 2,524 shares of common stock at $167.08 per share.
Summary
- Kevin L. Stuck, Matson, Inc.'s VP and Controller, sold 2,524 shares of Matson Common Stock.
- The transaction occurred on March 3, 2026, at a price of $167.08 per share.
- Following this sale, Mr. Stuck beneficially owns 2,331 shares of Matson Common Stock directly.
- The transaction was made pursuant to a Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. Insider sales, especially those executed under a Rule 10b5-1 plan, are often routine and do not necessarily signal a change in company outlook.
Positives
- The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged sale and potentially reducing concerns about opportunistic insider trading.
Negatives
- An insider sale, even if pre-planned, can sometimes be perceived as a lack of confidence, though this is a routine transaction.
Future Outlook
There are no forward-looking statements or guidance provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into stock ownership changes by company officers, directors, and significant shareholders. The use of a Rule 10b5-1 plan is a common practice for insiders to sell shares systematically.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 03/03/2026 | Indicates adherence to corporate governance best practices regarding insider trading, providing a defense against claims of trading on material non-public information. |
Stakeholder Impact
- Shareholders: Minor impact as it's a routine insider sale, potentially providing liquidity for the insider.
Key Dates
| Date | Description |
|---|---|
| 03/03/2026 | Date of transaction where 2,524 shares of common stock were sold. |
| 03/04/2026 | Date the Form 4 was signed and filed. |
Keywords
Matson, MATX, Kevin L. Stuck, insider trading, Form 4, stock sale, Rule 10b5-1, corporate officer
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