Kinney Richard S 4
Research Summary
AI-generated summary
Matson (MATX) SVP Richard Kinney Receives RSU Award — 1,124 Shares
What Happened
- Richard S. Kinney, Senior Vice President of Matson, Inc. (MATX), received a grant of 1,124 restricted stock units (RSUs) on January 21, 2026. The award was recorded at $0.00 paid by the insider (standard for RSU grants); no cash changed hands at grant.
Key Details
- Transaction date: 2026-01-21 (reported on Form 4 filed 2026-01-22)
- Transaction type: Award/Grant (code A)
- Shares/units granted: 1,124 RSUs; grant price shown as $0.00
- Shares owned after 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
- Timeliness: Filing appears timely (reported the next day); no late filing flagged
Context
- These RSUs are a grant, not a purchase or sale. RSUs typically convert into shares as they vest and may be forfeited if employment conditions aren't met; dividend equivalent rights mean the award accrues the economic equivalent of dividends until settlement. Grants are common forms of executive compensation and do not, by themselves, signal a buy or sell decision by the insider.