MATX (NYSE) Form 144 shows proposed share sales through Fidelity Brokerage
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
MATX submitted a Form 144 reporting proposed sales of common stock through Fidelity Brokerage Services LLC.
The filing lists restricted‑stock vesting entries dated 01/22/2021 (1,442 shares), 01/27/2021 (1,509 shares) and 01/24/2022 (304 shares) under securities to be sold.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies of proposed insider resale via a broker-dealer.
The filing lists proposed sales routed through Fidelity Brokerage Services LLC and enumerates restricted‑stock vesting lots dated 01/22/2021, 01/27/2021, and 01/24/2022 with 1,442; 1,509; and 304 shares respectively.
These entries reflect amounts associated with vesting events; actual sale execution, aggregate proceeds, and timing depend on compliant resale mechanics and applicable Rule 144 conditions.
FAQ
What does MATX's Form 144 filing mean?
It signals a reporting person intends to sell shares through a broker‑dealer. The filing lists vesting lots of 1,442; 1,509; and 304 shares dated 01/22/2021, 01/27/2021, and 01/24/2022 as the securities involved.
Who is acting as broker for the MATX sale?
The filing names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield RI. Fidelity is identified as the broker‑dealer handling the proposed sale transactions in the notice.
Do the listed vesting dates affect sale eligibility?
Vesting dates (01/22/2021; 01/27/2021; 01/24/2022) show when restricted stock became vested. Whether shares qualify for resale under Rule 144 depends on additional holding-period and other conditions not detailed here.
Does the Form 144 state the aggregate proceeds or sale price?
The provided excerpt does not show an aggregate proceeds or sale price. The filing excerpt lists share lots and the broker; price and proceeds are not included in the visible content.