Lauer John P 4
Research Summary
AI-generated summary
Matson (MATX) EVP John Lauer Receives 2,248 RSU Award
What Happened
- John P. Lauer, EVP & Chief Commercial Officer of Matson, Inc. (MATX), received a grant of 2,248 restricted stock units (RSUs) on January 21, 2026. The RSUs were granted at a reported acquisition price of $0.00 (typical for awards) and therefore no cash was exchanged.
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-22 (one day after the transaction).
- Award: 2,248 restricted stock units; reported acquisition price $0.00.
- Shares owned after transaction: not disclosed in the provided summary of the filing.
- Footnote: RSUs were 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: Form was filed the day after the reported grant (within the typical two-business-day Form 4 window).
Context
- RSU grants are a common form of executive compensation and are not a purchase or sale of stock; value is realized only as the units vest and convert to shares (or cash, per plan terms).
- Dividend equivalent rights mean the award may accrue payments equivalent to dividends while units are outstanding, but these do not represent immediate share ownership or sale activity.