Kinney Richard S 4

What Happened Richard S. Kinney, Senior Vice President of Matson, had 215 shares of Matson common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units (RSUs). The shares were recorded at $160.30 each for a total value of $34,465. This was a withholding-for-taxes transaction (routine disposition), not an open-market sale.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-01-26 (filed within the standard two business-day window).
• Shares withheld/disposed: 215 shares at $160.30 per share; total value $34,465.
• Transaction code: F (shares withheld to cover tax withholding).
• Footnote: Represents common stock withheld by the issuer to cover tax withholding obligations from vesting of a prior RSU grant.
• Shares owned after transaction: Not specified in the provided filing details.

Context This was a routine tax-withholding event (cashless retention of shares) following RSU vesting, which is common and does not necessarily indicate insider buying or selling sentiment. Unlike an open-market sale or purchase, the company withheld shares directly to satisfy tax obligations.