Matson (NYSE: MATX) exec to sell 5,000 shares from vested stock
Rhea-AI Filing Summary
Matson, Inc. (MATX) officer Peter T. Heilmann has filed a notice under Rule 144 to sell up to 5,000 shares of Matson common stock through Fidelity Brokerage Services LLC on the NYSE. The shares derive from restricted stock vesting awards granted as compensation on several dates from 2017 and 2023.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 5,000 shares
Restricted stock vesting 2017: 1,271 shares
Restricted stock vesting 01/23/2023: 1,380 shares
+3 more
6 metrics
Planned shares to be sold
5,000 shares
Common stock covered by the Rule 144 notice
Restricted stock vesting 2017
1,271 shares
Restricted stock vesting on 01/27/2017 as compensation
Restricted stock vesting 01/23/2023
1,380 shares
Restricted stock vesting on 01/23/2023 as compensation
Restricted stock vesting 01/25/2023
815 shares
Restricted stock vesting on 01/25/2023 as compensation
Restricted stock vesting 01/26/2023
622 shares
Restricted stock vesting on 01/26/2023 as compensation
Restricted stock vesting 01/27/2023
912 shares
Restricted stock vesting on 01/27/2023 as compensation
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 | 01/27/2017 | 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 Peter Heilmann"
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 disclose for Matson, Inc. (MATX)?
The filing discloses that Peter T. Heilmann, an officer of Matson, Inc., intends to sell up to 5,000 shares of Matson common stock under Rule 144 through Fidelity Brokerage Services LLC on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.