Matson Form 3 shows logistics president’s 3,200 share ownership
Rhea-AI Filing Summary
Matson, Inc. (MATX) filed a Form 3 on 1 July 2025 reporting the initial beneficial ownership of newly listed insider Jerome James Holland, Executive Vice President and President of Matson Logistics. Holland directly holds 3,200 shares of Matson common stock. The figure includes 2,173 shares represented by restricted stock units (RSUs) that will convert into shares as they vest over his continued employment. No derivative securities, options, or other indirect holdings were disclosed. The filing is made solely by Holland and does not amend any prior statements.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Form 3: EVP Holland owns 3,200 MATX shares (mostly RSUs); limited direct market impact.
The disclosure signals alignment of the new executive’s interests with shareholders through equity-based compensation. However, the stake (~0.01% of shares outstanding, assuming ~38 m shares) is immaterial to ownership concentration, involves no open-market purchase or sale, and contains no pricing information. Because no derivatives or unusual compensation structures are listed, the filing is administratively important but not expected to move the stock. Impact rating: neutral.