Matson (NYSE: MATX) exec logs $275K sale, plans more
Rhea-AI Filing Summary
Matson, Inc. (MATX) is the issuer for a planned sale of common stock by company officer Christopher A. Scott under Rule 144. A notice has been filed to sell 600 shares of Matson common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $131,940.05 and Matson common shares outstanding of 29,903,458 as of the filing data line. The 600 shares to be sold were acquired from the issuer on 01/27/2024 via restricted stock vesting as compensation. The notice also reports that 1,520 shares of Matson common stock were sold in the past three months for aggregate proceeds of $275,196.00.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 600 shares
Aggregate market value of proposed sale: $131,940.05
Shares outstanding: 29,903,458 shares
+4 more
7 metrics
Shares to be sold
600 shares
Matson common stock proposed for sale under Rule 144
Aggregate market value of proposed sale
$131,940.05
Reported value for 600 Matson shares in the planned Rule 144 sale
Shares outstanding
29,903,458 shares
Matson common shares outstanding as listed in the Rule 144 table
Shares sold in past 3 months
1,520 shares
Matson common stock sold on 05/20/2026 by Christopher A. Scott
Aggregate proceeds from prior sale
$275,196.00
Total consideration for 1,520 Matson shares sold on 05/20/2026
Acquisition date of shares to be sold
01/27/2024
Date of restricted stock vesting from issuer for 600 Matson shares
Planned sale date
08/19/2026
Approximate date of sale listed for the Rule 144 transaction
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 01/27/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Christopher A. Scott"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing for Matson, Inc. (MATX) disclose?
The filing discloses a planned Rule 144 sale of 600 MATX common shares by officer Christopher A. Scott through Fidelity Brokerage Services, plus prior sales over the past three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.