MATX Form 144 Files Proposed Sale of 500 Shares via J.P. Morgan
Rhea-AI Filing Summary
Matson, Inc. (MATX) Form 144 notice reports a proposed sale of 500 common shares through J.P. Morgan Securities with an aggregate market value of $52,305 and an approximate sale date of 08/19/2025 on the NYSE. The securities were acquired on 01/24/2025 as equity compensation from the issuer; the filer previously sold 500 shares on 05/28/2025 for $55,737. The filing includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer and warns against intentional misstatements.
Positive
- None.
Negative
- None.
Insights
TL;DR: This is a small, routine insider sale of equity compensation with limited market impact.
The notice documents a proposed sale of 500 shares (aggregate market value $52,305) by an insider who received the shares as equity compensation on 01/24/2025. The position size relative to the 31,789,018 shares outstanding is immaterial, indicating negligible dilution or market impact. The filing is procedural and complies with Rule 144 disclosure requirements; prior recent sale of 500 shares on 05/28/2025 is reported, consistent with routine monetization of compensation.
TL;DR: Form 144 shows compliance with Rule 144 procedures and an insider representation about material disclosures.
The filer discloses acquisition details (equity compensation) and certifies no undisclosed material adverse information. The use of a broker and disclosure of a prior sale reflect adherence to transaction-reporting norms. From a governance perspective, the filing raises standard transparency signals but contains no information on trading plans or restrictive arrangements; assessment is limited to the explicit disclosures provided.