Cerocke Grace M 4

What Happened

• Grace M. Cerocke, Senior Vice President of Matson, was issued 6,952 shares on Jan 25, 2026 pursuant to performance shares (grant/award). To cover tax withholding obligations, Matson withheld a total of 3,764 shares (222 on Jan 24; 410 and 3,132 on Jan 25) at $158.94 per share, representing approximately $598,250 in value. The award shares were issued at $0.00 per share (i.e., a compensation grant rather than an open-market purchase).

Key Details

• Transaction dates and types: Jan 24, 2026 (tax withholding — 222 shares); Jan 25, 2026 (award — 6,952 shares; tax withholding — 410 shares and 3,132 shares).
• Prices and values: Withheld shares were recorded at $158.94/share; total withheld value ≈ $598,250 (35,285 + 65,165 + 497,800).
• Net change: +6,952 awarded −3,764 withheld = net increase of 3,188 shares for Cerocke.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: Withholdings represent shares retained to satisfy tax obligations from vesting of prior restricted stock units and performance shares; the 6,952 shares were issued upon satisfaction of performance criteria.
• Filing timing: Form 4 was filed Jan 27, 2026 reporting transactions from Jan 24–25, 2026; the filing does not indicate a late status in the provided excerpt.

Context

• This was an equity award (performance shares) with the company withholding shares to cover taxes — a routine, non-open-market transaction. Such awards increase an insider's position via compensation rather than signaling a direct market buy or sell decision.