Heilmann Peter T 4
Research Summary
AI-generated summary
Matson (MATX) EVP Peter T. Heilmann Withholds 491 Shares for Taxes
What Happened
Peter T. Heilmann, EVP, Chief Administrative Officer & General Counsel of Matson, reported a disposition of 491 shares on 2026-01-22. The shares were withheld by the company to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units (RSUs). The withholding was recorded at $160.30 per share for an aggregate value of $78,707.
Key Details
- Transaction date and price: 2026-01-22 — 491 shares at $160.30 each.
- Aggregate value of shares withheld: $78,707.
- Transaction code: F (shares withheld to cover tax withholding).
- Footnote: F1 — common stock withheld by the issuer to cover tax withholding from RSU vesting.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Report filed 2026-01-26 (timely per Form 4 reporting requirements).
Context
This was a tax-withholding disposition tied to RSU vesting — a routine administrative action where the issuer keeps shares to pay required taxes. It is not an open-market sale by the insider and should not be interpreted as a directional buy/sell signal.