Holland Jerome James 4
4 · Matson, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Matson (MATX) EVP Jerome Holland Receives Award, Sells Shares
What Happened
Jerome Holland, EVP and President of Matson Logistics, received an issuance of 1,430 performance shares on Jan 25, 2026 (no cash paid). Concurrently, a total of 890 shares were disposed of via company withholding to cover tax obligations tied to vesting: 126 shares on Jan 24 (126 x $158.94 = $20,026), 199 shares on Jan 25 (199 x $158.94 = $31,629), and 565 shares on Jan 25 (565 x $158.94 = $89,801). The disposals are tax-withholding transactions (routine), while the 1,430-share item is an issuance upon satisfaction of performance criteria.
Key Details
- Transaction dates & prices:
- 2026-01-24: 126 shares withheld at $158.94 — $20,026
- 2026-01-25: 199 shares withheld at $158.94 — $31,629
- 2026-01-25: 565 shares withheld at $158.94 — $89,801
- 2026-01-25: 1,430 performance shares issued (price reported $0.00 for award)
- Shares withheld/disposed total: 890 shares; total value of withheld shares ≈ $141,456.
- Shares issued: 1,430 performance shares granted/issued pursuant to satisfied performance criteria.
- Footnotes:
- F1/F3: Common stock withheld by the issuer to cover tax withholding on vested awards.
- F2: Issuance pursuant to satisfaction of performance criteria for Performance Shares.
- Filing timeliness: Report filed 2026-01-27 for transactions on 1/24–1/25 — appears timely (no late filing indicated).
- Shares owned after transaction: Not specified in the provided filing extract.
Context
This filing reflects compensation-related activity: issuance of performance shares and routine withholding of shares to cover taxes. These tax-withholding dispositions are not open-market sales and are common when equity awards vest; they do not necessarily signal the insider buying or selling stock for investment reasons.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-24$158.94/sh−126$20,026→ 4,708 total - Award
Common Stock
[F2]2026-01-25+1,430→ 6,138 total - Tax Payment
Common Stock
[F1]2026-01-25$158.94/sh−199$31,629→ 5,939 total - Tax Payment
Common Stock
[F3]2026-01-25$158.94/sh−565$89,801→ 5,374 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.