Rascon Laura L 4
Research Summary
AI-generated summary
Matson (MATX) SVP Laura Rascon Sells 540 Shares
What Happened
Laura L. Rascon, Senior Vice President of Matson, Inc. (MATX), sold 540 shares on 2026-05-14 in an open-market transaction. The weighted average sale price reported was $180.83 per share, for a total proceeds value of approximately $97,646. The filing lists the transaction as a sale (code S).
Key Details
- Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-15) — filing appears timely.
- Price: weighted average $180.83; individual trade prices ranged $180.23 to $182.615 (per footnote).
- Shares sold: 540; total proceeds ≈ $97,646.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Transaction executed in multiple trades; reporting person will provide details of the individual trades/prices upon request to the SEC, issuer, or a security holder.
- Transaction code: S = Sale (open-market/private sale).
Context
Sales by executives are common for liquidity, diversification, or other personal reasons and do not by themselves indicate a change in company fundamentals. This report is a straightforward sale disclosure; it does not show option exercises, gifts, or a 10% owner transaction.