Lauer John P 4

4 · Matson, Inc. · Filed Jan 27, 2026

AI-generated summary of this filing

Updated Jan 27, 2026

Matson (MATX) EVP John Lauer Receives 13,902-Share Award, Withholds 8,572 Shares

What Happened

John P. Lauer, EVP & Chief Commercial Officer of Matson, received 13,902 shares (performance-share issuance) on 2026-01-25. To satisfy tax withholding obligations, Matson withheld a total of 8,572 shares across 2026-01-24 and 2026-01-25 (510, 942 and 7,120 shares) with a combined withheld value of $1,362,433. The awards were reported as grants/awards (code A) and the withholdings as tax-related dispositions (code F). Net shares delivered to Lauer after withholding: 5,330 shares (13,902 − 8,572).

Key Details

Transaction dates and amounts:
- 2026-01-24: 510 shares withheld at $158.94 each — $81,059 (tax withholding).
- 2026-01-25: 13,902 shares issued (award) at $0.00 acquisition price (performance shares).
- 2026-01-25: 942 shares withheld at $158.94 each — $149,721 (tax withholding).
- 2026-01-25: 7,120 shares withheld at $158.94 each — $1,131,653 (tax withholding).
Net newly owned shares from this award: 5,330 shares.
Footnotes: F1/F3 indicate shares were withheld to cover tax withholding on vested awards; F2 indicates issuance satisfied performance criteria for performance shares.
Shares owned after the transaction: not disclosed in the filing.
Filing timeliness: filed 2026-01-27 for transactions on 1/24–1/25; no late filing flag noted.

Context

This was an award of performance shares (not an open-market purchase or exercise-for-cash). The withheld shares reflect a routine, cashless tax-withholding mechanism common when restricted or performance shares vest — effectively the company retains shares to cover taxes rather than the insider selling on the open market. Such withholding transactions are procedural and do not by themselves indicate the insider is buying or selling stock for investment reasons.

Form 4

Period: 2026-01-24

EVP & Chief Commercial Officer

Transactions

Tax Payment
Common Stock
[F1]
2026-01-24$158.94/sh−510$81,059→ 26,501 total
Award
Common Stock
[F2]
2026-01-25+13,902→ 40,403 total
Tax Payment
Common Stock
[F1]
2026-01-25$158.94/sh−942$149,721→ 39,461 total
Tax Payment
Common Stock
[F3]
2026-01-25$158.94/sh−7,120$1,131,653→ 32,341 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.

Signature

/s/ John P. Lauer|2026-01-27

1 file