Sullivan John Warren 4

What Happened

• John Warren Sullivan, Senior Vice President of Matson, Inc. (MATX), had 153 shares of common stock withheld by the company to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs). The withholding was recorded at $160.30 per share, totaling approximately $24,526.
• This is a routine tax-withholding disposition of vested equity, not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-01-22
• Price per share: $160.30; Total value withheld: $24,526
• Shares disposed: 153 (withheld by issuer to cover taxes)
• Shares owned after transaction: Not disclosed in the supplied filing excerpt
• Footnote: F1 — common stock was withheld by the issuer to cover tax withholding on RSU vesting
• Filing timeliness: Not indicated in the provided data

Context

• Withholding shares to cover taxes is a common administrative action when RSUs vest and does not necessarily signal insider sentiment about the company's stock. It differs from an open-market sale because the shares are retained by the issuer to meet tax obligations rather than sold on the market by the insider.