Wine Joel M 4

What Happened

• Joel M. Wine, Executive Vice President & Chief Financial Officer of Matson, Inc. (MATX), received a grant of 3,212 restricted stock units (RSUs) on January 21, 2026. The units were reported as acquired at $0.00 (standard for awarded equity); total reported acquisition value = $0.
• This transaction is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant (Code A) of 3,212 RSUs under Matson’s 2025 Incentive Compensation Plan.
• Transaction date: 2026-01-21; Form 4 filed 2026-01-22 (timely).
• Reported acquisition price: $0.00 (award).
• Vesting: RSUs vest in three equal annual installments beginning one year from the grant date (per filing footnote).
• Dividend treatment: RSUs include dividend equivalent rights (per footnote).
• Shares owned after transaction: Not specified in the provided filing.

Context

• RSU grants are a form of executive compensation and typically vest over time; they do not reflect an immediate cash purchase or sale. The vesting schedule and dividend equivalents mean the award provides future equity exposure as the units vest.