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

What Happened

• Matthew J. Cox, Matson’s Chairman, CEO and Director, sold a total of 10,000 shares of Matson, Inc. (MATX) in open-market transactions on September 29, 2026. The sales were reported in four tranches: 705 shares at $220.32 ($155,326); 752 shares at $223.72 ($168,237); 2,495 shares at $221.52 ($552,692); and 6,048 shares at $222.73 ($1,347,071). Total proceeds were approximately $2,223,326.
• These were sales (not purchases); sales are common for executives for various personal reasons, but the filing itself does not state the motivation.

Key Details

• Transaction date: September 29, 2026; Form 4 filed October 1, 2026 (appears timely under the normal 2-business-day reporting window).
• Price details / execution: reported weighted-average prices per tranche as above; underlying executions were multiple trades with price ranges:
  • 705-share tranche: $220.00–$220.62 (F2)
  • 752-share tranche: $223.45–$223.87 (F3)
  • 2,495-share tranche: $221.14–$221.97 (F4)
  • 6,048-share tranche: $222.29–$223.21 (F5)
• Total shares sold: 10,000; total proceeds: ~$2,223,326.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnote: F1 — the sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Cox on March 9, 2026 (a pre-established plan that schedules trades).

Context

• Because these sales were made under a Rule 10b5-1 plan, they were pre-arranged and are generally treated as routine execution of a predetermined plan rather than ad hoc trades. The Form 4 does not indicate any option exercises, grants, gifts, or tax-withholding here — only open-market dispositions.