Park Kuuhaku T 4

What Happened

• Park Kuuhaku T, Senior Vice President of Matson, received a grant of 6,952 performance shares that vested on Jan 25, 2026 (reported on Form 4). To cover tax withholding obligations, Matson withheld a total of 4,009 shares across transactions on Jan 24–25, 2026. The withheld shares were reported as dispositions at $158.94 per share, totaling $637,191. The awarded shares had $0 acquisition cost reported (award/issuance).

Key Details

• Transaction dates and prices:
  • 2026-01-25: Award/issuance of 6,952 shares (code A) — acquisition price $0 (F2: performance shares vested).
  • 2026-01-24: 237 shares withheld (code F) at $158.94 — $37,669 (F1: RSU tax withholding).
  • 2026-01-25: 438 shares withheld (code F) at $158.94 — $69,616 (F3: performance-share tax withholding).
  • 2026-01-25: 3,334 shares withheld (code F) at $158.94 — $529,906 (F3).
• Net effect: +6,952 awarded −4,009 withheld = net increase of 2,943 shares.
• Shares owned after transaction: Not specified in the filing.
• Filing: Form 4 filed Jan 27, 2026 reporting transactions from Jan 24–25, 2026.
• Footnotes:
  • F1/F3: Shares withheld by the issuer to satisfy tax-withholding obligations on vested awards.
  • F2: Issuance for satisfaction of performance criteria for Performance Shares (Rule 16b‑3(d)).

Context

• These transactions reflect company-awarded equity vesting and net settlement for taxes (issuer withheld shares), not open-market purchases or discretionary sales by the insider. Such withholding is routine following vesting and does not necessarily signal a buy/sell sentiment.