Matson (MATX) EVP Vic S. Angoco Withholds 80 Shares for Taxes

What Happened

• Vic S. Angoco Jr, Executive Vice President of Matson, had 80 shares of common stock withheld by the issuer on August 28, 2026 to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units. The withholding price was $224.31 per share, totaling approximately $17,945. This is a routine tax-withholding event (not an open-market sale).

Key Details

• Transaction date and price: 2026-08-28; 80 shares at $224.31 each.
• Total value withheld: ~ $17,945.
• Transaction type/code: F — shares withheld to cover tax withholding (result of RSU vesting).
• Shares owned after transaction: Not reported in the provided filing.
• Footnote: F1 — Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
• Filing timeliness: Form 4 filed 2026-09-01; this meets the typical 2-business-day filing window for an 8/28 transaction (timely).

Context

• Withholding shares to cover taxes on vested RSUs is a common administrative action and does not necessarily indicate a buy or sell decision by the insider. This is not an open-market sale; the company retained shares to satisfy tax obligations.