Matson (MATX) CEO Matthew Cox sells 10,000 shares in pre-planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matson, Inc. Chairman & CEO Matthew J. Cox sold 10,000 shares of Matson common stock in open-market transactions. The sales occurred on June 29, 2026 in three tranches of 4,199, 3,054 and 2,747 shares at weighted average prices of $193.65, $192.89 and $191.81 per share. The trades were effected under a Rule 10b5-1 trading plan adopted on March 9, 2026. Following these sales, Cox directly owns 249,296 Matson shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($1,929,124)
Net Sell
3 txns
Insider
COX MATTHEW J
Role
Chairman & CEO
Sold
10,000 shs ($1.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,747 | $191.81 | $527K |
| Sale | Common Stock | 3,054 | $192.89 | $589K |
| Sale | Common Stock | 4,199 | $193.65 | $813K |
Holdings After Transaction:
Common Stock — 256,549 shares (Direct, null)
Footnotes (1)
- The sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2026. This transaction was executed in multiple trades at prices ranging from $191.29 to $192.23. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $192.34 to $193.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $193.37 to $193.87. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 10,000 shares
Tranche 1 sale price: $193.65 per share
Tranche 2 sale price: $192.89 per share
+2 more
5 metrics
Shares sold
10,000 shares
Total Matson common stock sold on June 29, 2026
Tranche 1 sale price
$193.65 per share
Weighted average price for 4,199 shares sold
Tranche 2 sale price
$192.89 per share
Weighted average price for 3,054 shares sold
Tranche 3 sale price
$191.81 per share
Weighted average price for 2,747 shares sold
Shares held after transaction
249,296 shares
Direct Matson holdings by Matthew J. Cox after sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, weighted average sale price, multiple trades
4 terms
Rule 10b5-1 trading plan financial
"The sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
multiple trades financial
"This transaction was executed in multiple trades at prices ranging from $191.29 to $192.23."
FAQ
What insider transaction did Matson (MATX) disclose for Matthew J. Cox?
Matson disclosed that Chairman & CEO Matthew J. Cox sold 10,000 shares of common stock. The transactions were open-market sales executed in three tranches on June 29, 2026, as reported in a Form 4 insider trading filing.
Were the Matson (MATX) CEO’s June 29, 2026 stock sales pre-planned?
Yes. The Form 4 footnotes state the sales were made under a Rule 10b5-1 trading plan adopted on March 9, 2026. Such plans pre-schedule trades, which can make the timing less indicative of the insider’s short-term market view.
What type of transaction code appears in the Matson (MATX) Form 4 for June 29, 2026?
The Form 4 uses transaction code “S,” indicating sales in the open market or private transactions. All three entries for June 29, 2026 are non-derivative sales of Matson common stock, consistent with ordinary share disposals.