Matson (MATX) SVP Laura Rascon Withholds 177 Shares for Taxes

What Happened

• Laura L. Rascon, Senior Vice President of Matson, had 177 shares of Matson common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units. The withholding occurred on 2026-01-22 at a price of $160.30 per share, totaling $28,373. This is a routine tax-withholding disposition, not an open-market sale or a purchase.

Key Details

• Transaction date and price: 2026-01-22 — 177 shares withheld @ $160.30 per share.
• Total value of shares withheld: $28,373.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — common stock withheld by the issuer to cover tax withholding obligations arising from vesting of a prior RSU grant.
• Filing timeliness: Report filed 2026-01-26 (timely relative to the transaction date).

Context

• This transaction is a tax withholding related to RSU vesting (transaction code F), a routine administrative disposition that does not by itself indicate a change in the insider’s view of the company. Purchases typically carry more weight as signals of insider conviction; withholdings are standard practice to satisfy tax obligations.