Wine Joel M 4

What Happened
Joel M. Wine, Matson’s Executive Vice President & Chief Financial Officer, had 553 shares withheld by the company on Jan 22, 2026 to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units. The reported disposal was at $160.30 per share, totaling approximately $88,646. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (timely filing).
• Shares withheld/disposed: 553 shares at $160.30/share — total value ~$88,646.
• Shares owned after transaction: not specified in the reported filing.
• Footnote: F1 — issuer withheld common stock to cover tax withholding from vesting of prior RSUs.
• Transaction type code: F (payment of tax liability via share withholding), a routine administrative action.

Context
Share withholding to cover taxes on vested restricted stock units is common and generally administrative rather than a signal of insider sentiment. Unlike an open-market sale, the company retained the shares to meet tax obligations (a "cashless" retention), so this does not indicate a discretionary sale by the insider.