Heilmann Peter T 4

What Happened
Peter T. Heilmann, Executive Vice President, Chief Administrative Officer & General Counsel of Matson, Inc. (MATX), was granted 2,569 restricted stock units (RSUs) on 2026-01-21. The grant is reported as acquired at $0.00 (no cash purchase) and is a compensation award rather than an open-market trade.

Key Details

• Transaction date: 2026-01-21 (Form 4 filed 2026-01-22). Transaction code: A (award/grant).
• Amount: 2,569 RSUs; reported acquisition price: $0.00 (total reported value $0).
• Shares owned following the reported transaction: not specified in this filing.
• Footnote: RSUs issued under the Issuer's 2025 Incentive Compensation Plan; vest in three equal annual installments beginning one year from the grant date and include dividend equivalent rights.
• Filing timeliness: filed the day after the grant (appears timely); no 10b5-1 plan, tax withholding, or late-filing flag reported in the Form 4.

Context
RSUs are compensation awards that convert to actual shares only as they vest; until then they are subject to forfeiture and other plan terms. Such grants are routine executive compensation and do not by themselves signal a buy/sell decision—retail investors should watch future vesting or any subsequent open-market purchases or sales for clearer insider sentiment.