STOCK TITAN

215 Matson (NYSE: MATX) shares withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Matson, Inc. Senior Vice President Qiang Gao reported a small insider transaction involving company common stock. On January 22, 2026, 215 shares of Matson common stock were withheld at a price of $160.30 per share. This was coded as an "F" transaction, meaning the shares were withheld by the company to cover tax obligations triggered by the vesting of a prior restricted stock unit award, rather than sold in the open market.

After this withholding for taxes, Gao directly beneficially owned 13,718 shares of Matson common stock. The filing reflects routine tax-related share withholding tied to equity compensation, not a discretionary sale of shares.

Positive

  • None.

Negative

  • None.
Insider Gao Qiang
Role Senior Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 215 $160.30 $34K
Holdings After Transaction: Common Stock — 13,718 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gao Qiang

(Last) (First) (Middle)
1411 SAND ISLAND PARKWAY

(Street)
HONOLULU HI 96819

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Matson, Inc. [ MATX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/22/2026 F(1) 215 D $160.3 13,718 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
/s/ Qiang Gao 01/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Matson (MATX) report for Qiang Gao?

Matson reported that Senior Vice President Qiang Gao had 215 shares of common stock withheld on January 22, 2026 in connection with equity compensation.

Was the Matson (MATX) insider transaction an open-market sale?

No. The filing explains the 215 shares were withheld by the issuer to cover tax withholding obligations from the vesting of restricted stock units, not sold in the open market.

How many Matson (MATX) shares does Qiang Gao own after this transaction?

After the tax withholding transaction, Qiang Gao directly beneficially owned 13,718 shares of Matson common stock.

What does transaction code "F" mean in this Matson (MATX) Form 4?

Transaction code "F" indicates shares were used to pay tax withholding on the vesting of a stock award. Here, Matson withheld 215 shares to satisfy those obligations.

What role does the reporting person hold at Matson (MATX)?

The reporting person, Qiang Gao, is an officer of Matson, serving as Senior Vice President, and filed this Form 4 as a single reporting person.