Here are the DEF 14A proxy statements from Matsons, Inc. (MATX) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow MATX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MATX filings page.
Matson, Inc. is asking shareholders to vote at its April 23, 2026 annual meeting in Honolulu on three items: election of seven directors, an advisory vote on executive pay, and ratification of Deloitte & Touche as independent auditor for 2026.
The proxy describes a board with a combined Chairman/CEO, Matthew J. Cox, and a Lead Independent Director, Stanley M. Kuriyama. All directors except the CEO are NYSE‑independent and serve on fully independent audit, compensation, and nominating committees.
Executive pay is strongly performance‑based: in 2025 about 83% of the CEO’s and roughly 68% of other named officers’ target total direct compensation was variable, using EBITDA, return on invested capital and relative total shareholder return metrics. A 2025 say‑on‑pay vote received over 97% support.
For 2025 Matson reported net income of $444.8 million (diluted EPS $13.81) and EBITDA of $704.7 million, slightly below 2024 levels but above maximum targets in its long‑term equity plan. Deloitte billed $2,725,000 in audit fees and $465,000 in tax fees for 2025, all pre‑approved by the audit committee.