CHING MEREDITH J 4

What Happened
Meredith J. Ching, a director of Matson, Inc. (MATX), was granted 969 restricted stock units (RSUs) on 2026-04-23. The award is reported at $0 (no purchase price) and was reported as an acquisition (A) on the Form 4. RSU grants are compensation awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (filed within the typical two-business-day reporting window).
• Grant: 969 RSUs reported as acquired at $0; total reported dollar value = $0.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: These RSUs were issued under the Issuer's 2025 Incentive Compensation Plan and have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting.
• No indication in this filing of tax withholding, immediate sale, or a 10b5-1 plan.

Context
RSUs are a common form of equity compensation that convert into actual shares only upon vesting; the $0 grant value is standard reporting for RSU awards (the economic value depends on the company’s stock price when/if they vest). Such grants are routine for executives and directors and do not by themselves indicate insider buying or selling intent.