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

What Happened
Matthew J. Cox, Matson’s Chairman & CEO, sold a total of 10,000 Matson, Inc. (MATX) shares in open-market transactions on August 28, 2026. The sales were reported as three lots: 442 shares at $225.05 ($99,472), 3,443 shares at $223.91 ($770,922), and 6,115 shares at $223.22 ($1,364,990), for total gross proceeds of $2,235,384. These were disposals (sales), which are typically routine liquidity events rather than bullish signals.

Key Details

• Transaction date: 2026-08-28 (reported same day; filing not late).
• Per-lot details:
  • 442 shares @ $225.05 = $99,472 (exec. prices ranged $224.97–$225.08; weighted avg reported) — footnote F2.
  • 3,443 shares @ $223.91 = $770,922 (prices ranged $223.58–$224.41; weighted avg reported) — footnote F3.
  • 6,115 shares @ $223.22 = $1,364,990 (prices ranged $222.58–$223.57; weighted avg reported) — footnote F4.
• Total shares sold: 10,000; total proceeds: $2,235,384.
• Trading plan: Sales were effected under a pre-established Rule 10b5-1 trading plan adopted March 9, 2026 (footnote F1).
• Shares owned after transaction: Not disclosed in this Form 4.

Context: A 10b5-1 plan allows insiders to execute pre-planned trades at scheduled times and is commonly used to avoid trading based on material non-public information. Sales under such plans are generally considered routine; filings are factual records and do not explain the insider’s motivations.