Matson (NYSE: MATX) CFO reports 17,874-share award and tax withholding

Rhea-AI Filing Summary

Matson, Inc. EVP & CFO Joel M. Wine reported equity award activity and related tax withholdings in company stock. On January 25, 2026, he acquired 17,874 shares of Matson common stock at $0.0000 per share, issued upon satisfaction of performance criteria for previously granted Performance Shares under Rule 16b-3(d.

To cover tax withholding obligations tied to vesting of restricted stock units and Performance Shares, the issuer withheld several blocks of stock, including 656 shares on January 24, 2026 at $158.94 per share, and additional shares on January 25, 2026 at the same price. After these transactions, Wine directly beneficially owned 111,047 shares of Matson common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Wine Joel M

Role EVP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	17,874	$0.00	--
Tax Withholding	Common Stock	1,212	$158.94	$193K
Tax Withholding	Common Stock	9,138	$158.94	$1.45M
Tax Withholding	Common Stock	656	$158.94	$104K

Holdings After Transaction: Common Stock — 121,397 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
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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^*

Wine Joel M

(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)
	EVP & CFO

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)		656	D	$158.94	103,523	D
Common Stock	01/25/2026		A(2)		17,874	A	$0.0000	121,397	D
Common Stock	01/25/2026		F(1)		1,212	D	$158.94	120,185	D
Common Stock	01/25/2026		F(3)		9,138	D	$158.94	111,047	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/ Joel M. Wine	01/27/2026
	** 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.
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FAQ

What insider activity did Matson (MATX) report for EVP & CFO Joel M. Wine?

The EVP & CFO, Joel M. Wine, reported equity award activity in Matson common stock, including a grant of 17,874 shares issued upon satisfaction of performance criteria and share withholdings to cover related tax obligations.

How many Matson (MATX) shares did the CFO acquire in this Form 4?

On January 25, 2026, Joel M. Wine acquired 17,874 shares of Matson common stock at $0.0000 per share, issued upon satisfaction of performance criteria for Performance Shares.

Were any Matson (MATX) shares sold by the CFO in the open market?

The filing shows Code F transactions where common stock was withheld by the issuer to satisfy tax withholding obligations at a price of $158.94 per share. These reflect share withholding for taxes, not open-market sales initiated by the executive.

How many Matson (MATX) shares does the CFO own after these transactions?

Following the reported transactions, Joel M. Wine directly beneficially owned 111,047 shares of Matson common stock.

What do the Performance Share and restricted stock unit footnotes mean for Matson (MATX)?

One footnote explains that some shares represent stock withheld to cover tax obligations from vesting of restricted stock units and Performance Shares. Another notes that the 17,874 shares were issued when performance criteria for previously granted Performance Shares were satisfied.

Is this Matson (MATX) Form 4 related to new option or derivative awards?

No derivative securities are reported in Table II. The Form 4 reflects only non-derivative common stock transactions tied to equity award vesting, tax withholding, and the issuance of shares for Performance Shares.