STOCK TITAN

Matson (NYSE: MATX) exec to sell 5,000 shares from vested stock

(Neutral)
(Neutral)
Form Type
144

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

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Negative

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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
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.

How many Matson (MATX) shares are covered by this Form 144 notice?

The notice covers up to 5,000 shares of Matson common stock. These shares are planned for potential sale under Rule 144 and originate from prior restricted stock vesting compensation awards.

Who is selling Matson (MATX) shares according to this Form 144?

The Form 144 lists Peter T. Heilmann, an officer of Matson, Inc., as the person for whose account the securities are to be sold, with Fidelity Brokerage Services LLC acting as the brokerage firm handling the transaction.

What is the source of the Matson (MATX) shares to be sold?

The shares come from restricted stock vesting granted as compensation by Matson. Vesting events include awards on 01/27/2017 and several dates in January 2023, each producing specific share amounts now eligible for sale.

Which broker is involved in the planned Matson (MATX) share sale?

The planned sale of up to 5,000 Matson shares is associated with Fidelity Brokerage Services LLC. The Form 144 is signed by Daniel Tucci as a duly authorized representative and attorney-in-fact for Peter Heilmann.

On which market are the Matson (MATX) shares referenced in this Form 144 listed?

The shares referenced in the Form 144 are Matson, Inc. common stock listed on the NYSE. The filing covers a potential sale of up to 5,000 shares of this listed security under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature