Matson (MATX) SVP Tungul receives 812 shares as awards vest

Rhea-AI Filing Summary

Matson, Inc. reported insider equity activity for Senior Vice President Jennifer C. Tungul. On January 25, 2026, she received 812 shares of Matson common stock at $0.0000 per share pursuant to the satisfaction of performance criteria under previously granted Performance Shares. Around these vesting events on January 24–25, 69, 123, and 363 shares of common stock were withheld by the company at a reference price of $158.94 per share to cover tax withholding obligations tied to vested restricted stock units and Performance Shares. Following these transactions, Tungul directly beneficially owned 6,908 shares of Matson common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Tungul Jennifer C.

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	812	$0.00	--
Tax Withholding	Common Stock	123	$158.94	$20K
Tax Withholding	Common Stock	363	$158.94	$58K
Tax Withholding	Common Stock	69	$158.94	$11K

Holdings After Transaction: Common Stock — 7,394 shares (Direct)

Footnotes (1)

1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units. Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d). Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Tungul Jennifer C.

(Last) (First) (Middle)

1411 SAND ISLAND PARKWAY

(Street)

HONOLULU HI 96819

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Matson, Inc. [ MATX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/24/2026		F(1)		69	D	$158.94	6,582	D
Common Stock	01/25/2026		A(2)		812	A	$0.0000	7,394	D
Common Stock	01/25/2026		F(1)		123	D	$158.94	7,271	D
Common Stock	01/25/2026		F(3)		363	D	$158.94	6,908	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.

2. Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d).

3. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.

	/s/ Jennifer C. Tungul	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Matson (MATX) report for Jennifer C. Tungul?

Matson reported that Senior Vice President Jennifer C. Tungul received 812 shares of common stock on January 25, 2026 from the vesting of Performance Shares, along with related share withholdings for taxes.

How many Matson (MATX) shares does Jennifer C. Tungul own after the Form 4 transactions?

After the reported transactions, Jennifer C. Tungul directly beneficially owned 6,908 shares of Matson common stock.

Why were some Matson (MATX) shares withheld in Jennifer C. Tunguls Form 4?

The Form 4 explains that 69, 123, and 363 shares of common stock were withheld by Matson to cover tax withholding obligations from the vesting of restricted stock units and Performance Shares.

What does the acquisition of 812 Matson (MATX) shares at $0.0000 mean?

The 812 shares at $0.0000 per share reflect common stock issued to Jennifer C. Tungul when Performance Shares vested upon meeting performance criteria, rather than an open-market purchase.

What is Jennifer C. Tunguls role at Matson (MATX) mentioned in the Form 4?

The Form 4 lists Jennifer C. Tungul as an officer of Matson, serving as Senior Vice President.

Were the Matson (MATX) Form 4 transactions direct or indirect holdings?

All reported transactions in the Form 4 for Jennifer C. Tungul involve direct ownership of Matson common stock.