Matson (MATX) CEO Matthew J. Cox Sells 10,000 Shares

What Happened
Matthew J. Cox, Chairman & CEO of Matson, Inc., reported four open-market sales on July 29, 2026, disposing of a total of 10,000 shares for aggregate proceeds of $1,998,130 (about $2.0M). The individual reported transactions were: 348 shares at a weighted avg $201.43 ($70,098), 1,163 shares at $200.56 ($233,251), 1,172 shares at $198.61 ($232,771), and 7,317 shares at $199.81 ($1,462,010). These were sales (S), not purchases.

Key Details

• Transaction date: July 29, 2026 (Form 4 filed the same day).
• Reported weighted-average prices and ranges per footnotes:
  • 348 sh @ $201.43 (prices ranged $201.26–$201.58)
  • 1,163 sh @ $200.56 (prices ranged $200.21–$200.88)
  • 1,172 sh @ $198.61 (prices ranged $198.14–$199.12)
  • 7,317 sh @ $199.81 (prices ranged $199.17–$200.12)
• Total shares sold: 10,000; total proceeds reported: $1,998,130.
• Shares owned after the transaction: Not specified in this Form 4.
• Notable footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Cox on March 9, 2026 (pre-arranged plan). The filing indicates multi-trade executions and provides weighted averages; the filer offers full execution details on request.
• Timeliness: Filing covers the transaction date and was filed on July 29, 2026 (no late filing indicated).

Context
These were pre-scheduled sales under a 10b5-1 plan, which are commonly used by insiders to sell shares on a set schedule and are generally considered routine rather than a direct signal of management’s near-term view. Sales are less informative than purchases for gauging insider confidence; the filing is factual and does not state the insider’s motivation.