Wall Jenai S 4
Research Summary
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Matson (MATX) Director Jenai S. Wall Receives Award
What Happened
- Jenai S. Wall, a director of Matson, Inc. (MATX), was granted 969 restricted stock units (RSUs) on April 23, 2026. The RSUs were recorded at $0.00 per share (total reported value $0) as an award (transaction code A) under the issuer’s 2025 Incentive Compensation Plan. This is a grant/award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-23; reported on Form 4 filed 2026-04-27.
- Amount: 969 RSUs granted at $0.00 per share (total reported value $0).
- Shares owned after transaction: Not specified in the provided filing.
- Plan/vesting note: Footnote indicates these RSUs are issued under the 2025 Incentive Compensation Plan and have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting following the grant.
- Filing timeliness: Form 4 reports the Apr 23 grant and was filed Apr 27. (Investors tracking timeliness should note typical Form 4 rules require filing within two business days of a reportable transaction.)
Context
- RSU grants are a common form of director compensation and do not represent an immediate cash outlay or open‑market purchase/sale. Vesting terms determine when the grantee actually obtains the shares. Because this is an awarded grant, it should be interpreted as compensation rather than a direct bullish or bearish trade by the insider.