Gao Qiang 4
4 · Matson, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Matson (MATX) SVP Gao Qiang Receives Performance Shares
What Happened
Gao Qiang, Senior Vice President of Matson, received 6,952 performance shares on Jan 25, 2026 (issuance under performance-share award). To satisfy tax withholding obligations, the issuer withheld a total of 4,314 shares in two actions (255 shares on Jan 24 and 4,059 shares on Jan 25), at a per-share price of $158.94 — totaling about $685,668 in withheld value. Net new shares retained by Gao after withholding: 2,638 shares.
Key Details
- Transaction dates and prices:
- 2026-01-24: 255 shares withheld @ $158.94 = $40,530 (tax withholding)
- 2026-01-25: 6,952 shares issued @ $0.00 (performance shares granted)
- 2026-01-25: 471 shares withheld @ $158.94 = $74,861 (tax withholding)
- 2026-01-25: 3,588 shares withheld @ $158.94 = $570,277 (tax withholding)
- Total withheld shares: 4,314; total withheld value: ~$685,668.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: issuance was pursuant to performance-share vesting (F2); withheld shares cover tax obligations from prior RSU vesting and performance-share vesting (F1, F3).
- Filing timeliness: No late-filing flag noted in the provided information.
Context
This was primarily an award (acquisition) of performance shares, not a cash purchase or open-market sale. The withheld-share disposals are routine tax-withholding actions (common on vesting) and do not by themselves signal insider buying or selling intention. For investors, the key takeaway is the grant of performance shares (positive for alignment) while routine withholding reduced the net shares delivered.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-24$158.94/sh−255$40,530→ 13,463 total - Award
Common Stock
[F2]2026-01-25+6,952→ 20,415 total - Tax Payment
Common Stock
[F1]2026-01-25$158.94/sh−471$74,861→ 19,944 total - Tax Payment
Common Stock
[F3]2026-01-25$158.94/sh−3,588$570,277→ 16,356 total
Footnotes (3)
- [F1]Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
- [F2]Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d).
- [F3]Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.