Joel M. Wine - Jun 27, 2024 Form 4 Insider Report for Matson, Inc. (MATX)

Role
EVP & CFO
Signature
/s/ Joel M. Wine
Stock symbol
MATX
Transactions as of
Jun 27, 2024
Transactions value $
-$1,151,623
Form type
4
Date filed
6/28/2024, 01:23 PM
Previous filing
Jun 20, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATX Common Stock Sale -$13K -100 -0.06% $130.48 160K Jun 27, 2024 Direct F1
transaction MATX Common Stock Sale -$195K -1.51K -0.94% $129.19 159K Jun 27, 2024 Direct F1, F2
transaction MATX Common Stock Sale -$944K -7.34K -4.62% $128.70 151K Jun 27, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 22, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $129.07 to $130.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $128.07 to $129.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.