Angoco Vic S Jr 4
Research Summary
AI-generated summary
Matson (MATX) EVP Vic Angoco Withholds 307 Shares for Taxes
What Happened
- Vic Angoco Jr, Executive Vice President of Matson, had 307 shares withheld by the company on 2026-01-22 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding price was $160.30 per share, equal to roughly $49,212 in value. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-01-22 at $160.30 per share
- Shares withheld/disposed: 307 shares; implied value ≈ $49,212
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: F1 — issuer withheld common stock to cover tax withholding obligations from the vesting of a prior RSU grant
- Filing timeliness: Report filed 2026-01-26 — appears timely (within two business days of the transaction)
Context
- This was a routine tax-withholding (cashless) action tied to RSU vesting, not an active sale on the open market; such withholdings are administrative and do not necessarily indicate insider sentiment about the company.