Matson, Inc.·4

Jan 27, 4:10 PM ET

Holland Jerome James 4

Research Summary

AI-generated summary

Updated

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.