Lauer John P 4
Research Summary
AI-generated summary
Matson (MATX) EVP John Lauer Withholds 429 Shares for Taxes
What Happened
- John P. Lauer, EVP & Chief Commercial Officer of Matson, had 429 shares of Matson common stock withheld by the company on Jan 22, 2026 to satisfy tax withholding obligations arising from the vesting of a prior restricted stock unit grant.
- The withholding was at $160.30 per share for a total value of $68,769. This is a tax-withholding event (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-01-22; Filing date: 2026-01-26 (filed timely).
- Price: $160.30 per share; Shares withheld/Disposed: 429; Total value: $68,769.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnote: F1 indicates the issuer withheld common stock to cover tax withholding tied to the vesting of previous restricted stock units.
- Filing appears timely (filed within the Form 4 reporting window).
Context
- This was a tax-withholding/cashless settlement of vested RSUs, a routine administrative event that reduces outstanding shares held by the insider and does not necessarily indicate a change in sentiment.
- Such withholding transactions (code F) differ from open-market sales (S) or purchases (P); they are common when equity awards vest.