Sullivan John Warren 4
Research Summary
AI-generated summary
Matson (MATX) Senior VP John W. Sullivan Sells 3,255 Shares
What Happened
John W. Sullivan, Senior Vice President of Matson, Inc. (MATX), sold 3,255 shares in an open-market transaction on March 9, 2026. The shares were sold at $148.67 per share for total proceeds of approximately $483,921. This was a sale (S) reported on a Form 4 filed the next day.
Key Details
- Transaction date and price: 2026-03-09 — 3,255 shares sold at $148.67 each.
- Total proceeds: ~ $483,921.
- Transaction type: Open-market sale (code S).
- Shares owned after transaction: Not reported in the provided filing details.
- Filing: Form 4 filed 2026-03-10 (timely; within required reporting window).
- Footnotes/plan: No 10b5-1 plan, tax-withholding, or other explanatory footnotes were included in the supplied data.
Context
Insider sales are common and can be for many routine reasons (liquidity, diversification, tax planning); a single sale does not by itself indicate a change in company outlook. Retail investors often view purchases as stronger signals than isolated sales.